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Audit GAAP, Continuity, Coronavirus
John Sullivan | 5.22.2020

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
Schneider Downs Professional | 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

Cybersecurity, Financial Services
Timothy Wolfgang | 5.21.2020

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

Public Companies, Technology
Schneider Downs Professional | 5.20.2020

Data and Technology Research Project Spotlight

In light of the ever-increasing use of technology-based tools by auditors and preparers, the Public Company Accounting Oversight Board (PCAOB) on May 12

Energy & Resources, Tax
Audrey Hendarsah | 5.20.2020

IRS Announces 2019 Marginal Well Credit

Natural gas well owners holding an operating interest in a qualified marginal well during 2019 are eligible to claim a credit of $0.08 per qualified MCF

Coronavirus, Tax, Tax Impact
Schneider Downs Professional | 5.20.2020

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

Coronavirus, Small Business (SBA)
Andrea Pfaadt | 5.20.2020

Ohio Programs Update May 20, 2020

Schneider Downs continues to track the evolving landscape of financial programs offered to small businesses disrupted by the coronavirus pandemic (“COVID-19”).

Automobile, Coronavirus, Paycheck Protection Program (PPP)
Steven Barber, Henry Szymanski, Stephen Thimons | 5.20.2020

Documenting Paycheck Protection Program Requirements of “Need and Liquidity”

INTRODUCTION There has been significant, additional attention and scrutiny surrounding the required Paycheck Protection Program (“PPP”) loan

Coronavirus, Tax, Tax Impact
Schneider Downs Professional | 5.19.2020

Cash Flow and Liquidity Planning Opportunities

The quote “cash is king” has never been truer than in the first half of 2020. The COVID-19 pandemic has thrust cash flow and liquidity planning

Business Advisors
Schneider Downs Professional | 5.18.2020

ICYMI: New DOJ Collusion Guidance

In news that may have largely gone unnoticed, the U.S. Department of Justice (DOJ) formed the Procurement Collusion Strike Force (PCSF) in November 2019.

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