In a surprising announcement, New York State has provided updated guidance that they will now conform and adopt the federal rule contained within the CARES ACT and not tax forgivable PPP...
Continue ReadingIn a surprising announcement, New York State has provided updated guidance that they will now conform and adopt the federal rule contained within the CARES ACT and not tax forgivable PPP...
Continue ReadingIf you are an employer that had a significant decline in gross receipts over the last 12 months or faced full or partial mandatory closure by government order, then the Consolidated...
Continue ReadingThe Bureau of Consumer Financial Protection (still the CFPB) has finalized long-coming rules around Ability to Repay (ATR) and Qualified Mortgages (QM) under Truth in Lending (Reg Z)...
Continue ReadingHere is what we know about the PPP reopening: PPP Round 1 loans will reopen to those businesses that have not yet received a PPP loan on Monday, January 11. For the first 2 days, the SBA...
Continue ReadingIf you watch a television show like Dancing With The Stars or America’s Got Talent, it may seem that the judges’ scores are arbitrary and subject to interpretation that our untrained eyes...
Continue ReadingWhen it comes to managing third-party risk, most organizations already have a formal due diligence process for evaluating potential vendors. Having an established vetting process in place...
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