The SBA’s form clarifies some issues, but still leaves questions to be answered. The focus shifts to PPP forgiveness → | By Roger Russell 5 min read | The release of the SBA's loan forgiveness application highlights the questions that remain around the Paycheck Protection Program. | |
IRS proposes new rules for retirement and annuity payments → | By Michael Cohn 2 min read | The Internal Revenue Service and the Treasury Department issued proposed regulations Wednesday to update the income tax withholding rules for periodic retirement and annuity payments made after Dec. 31, 2020. | | Nonprofits versus the pandemic → | By Daniel Hood | Tosha Anderson of The Charity CFO shares the strategies that not-for-profit organizations are taking to weather COVID-19. | |
FASB names new technical director and EITF chair → | By Michael Cohn 3 min read | The Financial Accounting Standards Board has appointed Hillary H. Salo, a partner at KPMG, as its new technical director and chair of the Emerging Issues Task Force. | | |