Perspectives

This 9-minute webinar discusses important changes made to the definition of Qualified Improvement Property and how you should proceed if you have already filed your 2019 tax return. Read more

This article discusses accelerated depreciation on Qualified Improvement Property, modification of Business Interest Limitations, and modification of limits on business losses for noncorporate taxpayers. Read more

Even though Massachusetts 201 CMR 17.00 has been around for a little over a decade, many companies still do not have the proper documentation and procedures in place to comply with this requirement. Read more

The SBA issued on May 15, 2020 the PPP Loan Forgiveness Application Form which provides borrowers with additional guidance on the loan forgiveness calculation and clarified certain issues. Read more

This decision was meant to alleviate one of the many hardships companies are facing as they turn their focus to decreased operations, collections, staffing decisions, and other uncertainties of COVID-19. Read more

The architects behind the CMMC program have indicated that its ultimate scope will grow beyond the defense supply chain, potentially impacting private companies doing business with all branches of the... Read more

It's essential to understand what the SOC 2 is - and just as important - what it isn't. Read more

This 11-page PDF is completed by the borrower and then submitted to the borrower’s Lender or the Lender that is servicing their loan. Read more

The CARES Act and other stimulus legislation provides various tax planning opportunities that businesses and individuals can take advantage of. Read more

The SBA has now issued FAQ #47, which extends the deadline from May 14th to May 18th for PPP Loan borrowers to consider returning the funds. Read more