Insights

The IRS issued Notice 2019-6 which provides that the requirement to report partners’ capital accounts on the tax basis method will not be effective.

Please note, the due date for filing Form 114, Report of Foreign Bank and Financial Accounts (FBAR), was April 17, 2018.

This Cherry Bekaert webinar highlights provisions in pieces of legislation that affect nonprofits to determine what may be beneficial amid COVID-19.

Learn more on potential PPP loan forgiveness, the expected timeline, qualifying expenses and organizing necessary documentation.

The IRS amplifies relief providing an almost comprehensive postponement to July 15, 2020, for federal tax returns, payments, and other time-sensitive acts.

Learn more on what is due on April 15, as many states have postponed filing or payment deadlines in the wake of the COVID-19 crisis.

Dive deeper into the CARES Act, including provisions and funding specific to local and state governments in order to protect their communities during COVID-19.

Learn more on the expanded guidance on the Paycheck Protection Program (PPP) that may allow you to reconsider applying, if you had originally not qualified.

Learn more on The U.S. Department of Treasury's final borrow application form & what data they will collect electronically in order to guarantee PPP loans.

This Cherry Bekaert webinar provides guidance for improving sales tax compliance, while reducing risk and exposure for unpaid taxes and more.