For auto suppliers, reassessing capital spending is key to innovation
To deal with the economic fallout, auto manufacturers and suppliers have been forced to develop resilience and agility in real time.
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2020 year end tax considerations for businesses
Tax planning opportunities for consideration in light of COVID-19, the resulting economic crisis, and evolving tax laws and regulations.
2020 Election preview: Real estate
With the election approaching, RSM is looking at the economic stakes and the key issues for various industries.
PPP Forgiveness Guidance Addresses Owner-Employee Compensation, Rent-Related Costs
The U.S. Small Business Administration (SBA) and Treasury issued an interim final rule Monday addressing Paycheck Protection Program (PPP) forgiveness issues related to owner-employee compensation and the eligibility of nonpayroll costs.
Accounting for PPP Loan Forgiveness
Recently the American Institute of Certified Public Accountants (AICPA) released guidance on accounting and financial reporting for the forgiveness of Paycheck Protection Program (PPP) loans acquired through the Small Business Administration (SBA) as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act).
Paycheck Protection Flexibility Act Extends PPP Spending Deadline
The PPP forgiveness rules continue to evolve. Wednesday night (June 3), the Senate voted unanimously to accept the legislation previously passed by the House, and President Trump is expected to sign soon.
Assessing the impact of COVID-19 pandemic on investment valuations
Portfolio managers of investment companies are considering the impact of COVID-19 and economic conditions on their March 2020 valuations.