Recent News & Insights
May 13, 2020
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President Signs PPP Legislation Into Law
June 5, 2020
On June 5, the President signed into law the Paycheck Protection Program Flexibility Act (H.R. 7010).
Relief Provided for QOFs and Their Investors in Response to COVID-19 Pandemic
June 5, 2020
The IRS has released Notice 2020-39, occasioned by the need to provide relief to qualified opportunity funds (QOFs) and their investors, in response to the ongoing COVID-19 pandemic.
The OMB’s Proposed Changes to Uniform Guidance
By John D'Amico | Jun 4, 2020
John D’Amico, Partner in the Professional Standards Group at Marks Paneth LLP, wrote an article titled “The OMB’s Proposed Changes to Uniform Guidance that was published in the CPA Journal.
Nonprofit Filing Thresholds Vary by State
By Magdalena M. Czerniawski | Jun 3, 2020
Magdalena M. Czerniawski, Partner in our Nonprofit, Government & Healthcare Group, recently published an article called “Nonprofit Filing Thresholds Vary by State” for the New Jersey Society of CPAs June magazine, Thriving in a New Reality: The Future CPA.
Angela Sadang Featured in QuickRead
Featured: Angela Sadang | May 29, 2020
Advisory Services group Principal Angela Sadang recently published an article in QuickRead, a publication from the National Association of Certified Valuation Analysts.
Nonprofit & Government Times, COVID-19 Special Issue
May 29, 2020
This special issue of Nonprofit & Government Times provides you with timely and insightful information related to the COVID-19 outbreak.
Bipartisan PPP Bill Passes U.S. House of Representatives
May 29, 2020
The U.S. House of Representatives passed the Paycheck Protection Program Flexibility Act (H.R. 7010) with nearly unanimous bipartisan support. H.R. 7010 is stand-alone legislation that specifically addresses Paycheck Protection Program (PPP) borrower concerns.
Disaster Relief: What Are the Options for Nonprofits?
By Magdalena M. Czerniawski | Robert Lyons | May 27, 2020
What can be done to help employees who have been furloughed or temporarily let go?
Tips to Help Organizations Stay Financially Healthy and Connected to Their Stakeholders
By Hope Goldstein | May 27, 2020
Helpful tips that may increase contributions during these uncertain times.
Ensuring Grant Compliance in the Wake of COVID-19
By John D'Amico | Joseph J. Kanjamala | May 27, 2020
Timely and clear guidance is necessary for recipients of federal financial assistance to comply with the terms and conditions of these awards.
Charitable Contributions Enhancement Under the CARES Act
By Magdalena M. Czerniawski | May 27, 2020
The recently enacted CARES Act includes provisions directly impacting the nonprofit community.
CDFI: Best Practices in Liquidity Management During the COVID-19 Pandemic
By XiXi Dong | May 27, 2020
CDFI lenders are facing greater than ever liquidity risk due to the COVID-19 pandemic.
Real Estate Perspectives, May 2020
May 21, 2020
This special issue of Real Estate Perspectives provides you with timely and insightful information related to the COVID-19 outbreak.
Three New Payroll Tax Benefits for Businesses
By James (Jay) M. Brower, Jr | Neil A. Sonenberg | May 20, 2020
A deep dive into three new payroll tax benefits designed to alleviate the financial hardship of keeping employees on payroll during the COVID-19 shutdown.
Reopening the Workplace: Thoughts from Inside the Industry
By Michael W. Hurwitz | May 20, 2020
Industry leaders discuss how landlords, tenants, consumers, and businesses will alter their behavior and actions in light of COVID-19, and what challenges will they encounter as we move to restart the economy.
10 Steps Government Can Take to Jump-Start the City’s Economy
May 19, 2020
Mark Baran and Jay Brower were featured in a Crain’s New York Business article about policy changes that could help small businesses.
Private Client Insights, Issue #2 2020
May 19, 2020
This special issue of Private Client Insights provides you with timely and insightful information related to the COVID-19 outbreak.
Angela Sadang Featured in New York Real Estate Journal
By Angela Sadang | May 19, 2020
Angela Sadang, Principal in Marks Paneth’s Advisory Services Group, recently published the article, “Valuation Update – Planning strategies in light of COVID-19” in New York Real Estate Journal.
SBA Releases PPP Forgiveness Application and Instructions
May 16, 2020
The SBA released the long-awaited Paycheck Protection Program (PPP) Loan Forgiveness Application and accompanying instructions.
SBA Extends PPP Repayment Date
May 14, 2020
The Treasury Department and the SBA released FAQ #47 extending the time to repay a PPP loan from May 14, 2020 to May 18, 2020.
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