Insights

Can contractors rely on previous DCAA audit findings? Learn about recent cases and how they affect government contracting practices.

Listen as our professionals discuss the potential opportunity and uncertainty of business tax losses realized during the coronavirus disaster emergency.

The IRS released revenue procedures providing relief for nonresidents that remain in the U.S. due to COVID-19 and U.S. citizens and residents working abroad.

Guidance on how to calculate unrelated business income tax for nonprofits that have more than one unrelated trade or business.

The SBA provided a safe harbor reducing the documentation requirements for those with PPP loans less than $2 million asking for loan forgiveness.

Learn more on steps you can take to reduce uncertainty for A&E firms, legal firms, and financial services companies amidst the COVID-19 crisis.

North Carolina waives interest on income tax payments made by the extended due date of July 15, 2020, and extends the due date for additional items.

The IRS released Rev. Proc. 2020-29, temporarily allowing the electronic submission of requests for letter rulings, closing agreements, and other advice.

On Monday, North Carolina enacted new legislation providing a tax credit for Unemployment Insurance Fund contributions made on or before April 30, 2020.

The PCAOB’s credit loss model guidance is still unknown. Stay updated on the latest developments and their potential impact.