SBA Announces Changes to Provide Smaller Businesses Greater Access to PPP Loans
February 23, 2021 - The Cares Act established the Paycheck Protection Program which permitted the SBA to provide loans to qualified businesses impacted by the coronavirus (COVID-19) pandemic.On...
Advisory from the AICPA on 2021 Partial Plan Terminations
The AICPA Employee Benefit Plan Audit Quality Center (EBPAQC) has prepared an advisory to provide you, the plan sponsor, administrator or trustee, with an understanding of partial plan terminations...
Breaking Down the Changes to the Employee Retention Credit
January 25, 2021 -CARES ActAs part of the CARES Act passed in March of 2020, Congress created the Employee Retention Credit (ERC) designed to financially assist businesses affected by COVID-19. ...
Dermody, Burke & Brown Employees Promoted
Dermody, Burke & Brown, CPAs, LLC has promoted five employees. In the Auditing and Accounting department, Nick Marinelli has been named a Senior Associate. In the Tax department, Brittany Becker...
Deductibility of Expenses Paid for with PPP Loans and Other Relief Provisions
January 12, 2021 - The “Consolidated Appropriations Act, 2021 (CAA, 2021)” was signed into law on December 27, 2020. The new bill provided a number of provisions designed to financially help out...
