Are You Ready to Apply for PPP Loan Forgiveness?

Are You Ready to Apply for PPP Loan Forgiveness? Ever since the CARES Act was signed into law on March 26, 2020, followed by the enhancements provided by the Paycheck Protection Flexibility Act signed into law on June 5, 2020, there have been a flood of FAQs and...

CDH Expands Technology Solutions Practice with Acquisition

For Immediate Release CDH Acquires ADS Business Intelligence; Strengthens Its Position in the Technology Industry Itasca, IL – July 21, 2020 – Leading international accounting and consulting firm CDH, P.C. announces acquisition of cloud solutions provider, ADS...

Pandemic Effects on Accounting for AR and Inventory

The COVID-19 pandemic has had significant impact on businesses and the economy.  While the full extent and duration remains unclear, how the pandemic affects the accounting of accounts receivable and inventory needs to be considered. Collectability of Accounts...

Accounting for Forgivable Loans

Congress established the Paycheck Protection Program (PPP) to provide relief for small businesses as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES), and there have been a lot of questions and uncertainty around the program.  The AICPA has...

PPP Flexibility Act Signed Into Law

The Paycheck Protection Program Flexibility Act was signed into law on June 5, 2020.  The Act amends the Paycheck Protection Program (PPP) to give businesses an extended period to spend the loan proceeds in addition to other more lenient conditions to qualify for...