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Topic: Industry Updates

Opportunity Zone Updates
By Don Warrant, CPA on May 4, 2020

Technical Amendments, Federal Disaster Declarations and COVID-19 filing extensions and their impact The timing for several important provisions of the Opportunity Zones program have been...

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CMS’ $30B Provider Relief Advance: More Strings / Less Clarity
By Freed Maxick on April 21, 2020

What healthcare providers should be considering. On March 27, President Trump signed into the law the Coronavirus Aid, Relief,...

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Understanding Details About FEMA Public Assistance for DR-4480

FEMA will provide funding for labor, materials and equipment directly related to the COVID-19 emergency The President issued a...

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The Nonprofit’s Guide to Federal COVID-19 Stimulus Legislation
By Freed Maxick on April 7, 2020

The U.S. government has approved far-reaching legislation to provide relief to American families, businesses and nonprofit organizations. Two significant bills are the Families First...

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Supervisory and Enforcement Practices Regarding the Fair Credit Reporting Act and Regulation C in Light of the CARES Act
By Freed Maxick on April 6, 2020

Consumer Financial Protection Bureau Guidance on Credit Reporting The Bureau’s statement informs lenders they must comply with...

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Counterparty Credit Risk and Current Expected Credit Losses (“CECL”)
By Freed Maxick on April 6, 2020

The federal bank regulatory agencies today announced two actions to support the U.S. economy and allow banking organizations...

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