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FASB Delays Leasing and Revenue Recognition for Certain Organizations in Response to COVID-19

On Wednesday, May 20, 2020, the FASB voted to delay the effective date of ASU 2016-012, Leases and ASU 2014-09, Revenues from Contracts with Customers ...

FASB Delays Leasing and Revenue Recognition for Certain Organizations in Response to COVID-19

FASB Delays Leasing and Revenue Recognition for Certain Organizations in Response to COVID-19

On Wednesday, May 20, 2020, the FASB voted to delay the effective date of ASU 2016-012, Leases and ASU 2014-09, Revenues from Contracts with Customers

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Application to Receive Funding for On-Road and Class 8 Fleet Vehicle Projects in Pennsylvania Now Available!

As you know from our previous articles (Volkswagen Environmental Mitigation Trust Fund), Volkswagen is obligated to fund various environmental trusts for

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Financial Fitness: Setting SMART Goals

This article was originally published in Wedgewood Life magazine and is reprinted with their permission. Happy New Year! As the calendar flips and a New

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Good News Regarding Excess Business Losses For Your Pass-Through Construction Business

If you own a construction business, you know all too well that one or more bad contracts can make or break the financial results for the year. If you were

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Financial Fitness - Are my personal finances on the right track?

This article was originally published in Wedgewood Life magazine and is reprinted with their permission. This is a frequently asked question by my clients

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What to Expect During a Sale Transaction

Most owners jump right in and hire an investment banker to help them sell their business. Good idea, but not so fast. Slow down. Think about your existing

Financial Boot Camp Series: College Savings 101

As young parents, my husband and I met with a financial planner who asked about college savings. We responded that they were on their own. Fast forward

Paycheck Protection Program Borrower and Lender Responsibilities

This article was updated on May 26, 2020. Updates to this article will be made as new information becomes available. Schneider Downs continues to track

Impersonation Attacks Targeting Microsoft Teams

With initial security concerns surrounding Zoom, and Google Meets not publicly available (this is now free and has reported 50 million installs on the

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COVID-19 AND THE M&A MARKET

The two-month COVID-19 economic crisis has significantly disrupted the M&A deal market. While there are examples of transactions that have closed,

Loan Forgiveness Interim Final Rule

This article was updated on May 26, 2020. Updates to this article will be made as new information becomes available. Schneider Downs continues to track

FASB Delays Leasing and Revenue Recognition for Certain Organizations in Response to COVID-19

On Wednesday, May 20, 2020, the FASB voted to delay the effective date of ASU 2016-012, Leases and ASU 2014-09, Revenues from Contracts with Customers
Coronavirus, Tax
Jacob Clark | 5.22.2020

Ohio Unemployment Benefits for Self-Employed and 1099-Misc Filers

The COVID-19 pandemic continues to change our lives in ways we never imagined. The magnitude of the pandemic has resulted in a plethora of changes in both

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ProLock Ransomware Attacks Overview and Mitigation Strategies

Diebold Nixdorf, a company that is a major supplier of Automatic Teller Machines (ATM’s) and software to financial institutions was infected by the

Individual Tax Planning Under COVID-19

Since mid-March, we have been in unprecedented times due to the COVID-19 Pandemic. The country has been shut down for more than two months and only now

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