Redpath Insights

The Redpath Insights blog will help you stay up-to-date on the latest tax, audit, accounting and advisory insights so you can make more informed business decisions. 

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Paycheck Protection Program

Disclosures by Business Entities Receiving ASU 2021-10 Government Assistance

January 25, 2022 — Current GAAP has no authoritative guidance on the accounting for, or disclosure...

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Accounting for Covid-19 Relief

August 3, 2021 - Covid-19 relief has included a variety of programs, including the Paycheck...

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MN Legislature: PPP and Unemployment Benefits May Be Excluded From MN Taxes

May 20, 2021 - Minnesota State leaders in the Legislature and Governor Tim Walz have announced...

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SBA Restaurant Revitalization Fund Applications Opening

April 30, 2021 - The Small Business Administration has announced that the Restaurant Revitalization...

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New Law Makes Big Changes to the Employee Retention Credit

January 7, 2021 – Most of the excitement from the Consolidated Appropriations Act (CAA) came from...

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Small Business Aid and Tax Extenders Included in Year-End Bill

December 22, 2020 – This week, votes are being cast on two large measures put together by...

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PPP Forgiveness Could Take Years for Your Business – Here's How to Prepare

December 10, 2020 - The Paycheck Protection Program (PPP) was created to help American businesses...

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November Paycheck Protection Program (PPP) Loan Forgiveness Guidance

November 19, 2020 - On November 18, 2020, the IRS released additional guidance (Revenue Ruling...

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New SBA Forms for Large PPP Borrowers

November 3, 2020 - The Small Business Administration (SBA) recently announced their intent to issue...

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PPP Loan Forgiveness FAQ Updates for August

August 7, 2020 - On August 4, the Small Business Administration (SBA) released additional FAQs on...

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What Nonprofits Can Do to Recover from the Coronavirus Crisis

May 13, 2020 - As states begin to allow businesses to open and employees return to work, there is a...

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SBA Interim Final Rule: Partnerships and Seasonal Employer Loan Increases

May 14, 2020 - In the constantly evolving world of PPP loan guidance, the SBA has released another...

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Updated FAQ: PPP Loan Certification Review

UPDATED: May 14, 2020 - An additional extension has been granted until May 18 for companies to...

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Preparing for PPP Loan Forgiveness

UPDATED: May 1, 2020 - 11:44 a.m. On April 30, 2020, the IRS issued Notice 2020-32 which provides...

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