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Nacha's Upcoming ACH Contact Registry Rule Requirement

6/4/2020 - By Janice Weisz, AAP

Financial institutions constantly seek ways to contact and communicate quickly with other financial institutions about specific ACH payment issues and exceptions. Nacha created the ACH Contact Registry Rule (the Rule) to help facilitate this process. Effective July 1, 2020.

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WEBINAR: Strategies for Maximizing PPP Loan Forgiveness, Part III

6/1/2020 - By Suzanne Cox, CPA, CIT, Glenn Scharf, CPA, CVA and Andrew Kent, Esq., CVA

Join us for a free webinar on Wednesday, June 10th from 2:00-3:00 PM (CST)/3:00-4:00 PM (EST) as we discuss properly documenting expenses and answer frequently asked questions so you can maximize your PPP loan forgiveness.

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IRS Providing Changes to FSA's Due to COVID-19

6/1/2020 - By Judy Fryer

The IRS has issued guidance on the changes to flexible spending accounts to provide workers with more financial flexibility. Where previously the IRS required a Life Event/HIPAA qualifying event to make changes to flexible spending account Annual Elections, they have made the historical decision to allow employers to offer this mid-year opportunity to make changes available to their employees.

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WEBINAR MATERIALS: Strategies for Maximizing PPP Loan Forgiveness, Part II

5/28/2020 - By Suzanne Cox, CPA, CIT, Glenn Scharf, CPA, CVA and Andrew Kent, Esq., CVA

Our presentation held on Thursday, May 28th reviewed the latest guidance on properly documenting expenses for PPP loan forgiveness and the interim Final Rule. Access webinar materials here.

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SBA Loan Review Procedures and Related Borrower and Lender Responsibilities

5/27/2020 - By Bill Massey, CPA

On Friday, May 22, 2020, the U.S. Small Business Administration issued guidance for the Paycheck Protection Program Requirements related to SBA Loan Review Procedures and Related Borrower and Lender Responsibilities. We have prepared a summary of this guidance for banks and credit unions.

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