Insights

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

Key takeaways from the Consolidated Appropriations Act 2020. Learn how these provisions may affect your business or organization.

Learn how Cherry Bekaert can help guide you through IRS Notice 2018-76, which provides guidance on the deductibility of business entertainment meals.

Learn about the DoD’s class deviation providing guidance on the CARES Act Section 3610 Implementation and maintaining a ‘ready state.’

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.

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.

Review Cherry Bekaert's guide on the state and local tax programs that are providing economic funding to small businesses severely affected by COVID-19.