This May, Capaldi Reynolds & Pelosi designated Fridays as Dress Down Day For A Cause. Each employee would have the privilege of wearing jeans for the fee of $5 per week. Proceeds collected for the month would be donated to a charity of our choice. The first charity that will receive our monthly collections is Gilda’s Club of South Jersey. Through the participation and generosity of our staff, we were able to raise $685. We are looking forward to continuing this new tradition as the charity that we will raise funds for in June will be CASA or Court Appointed Special Advocates of New Jersey. Participants also receive a chance to choose the charity that we will collect for each time they participate. A raffle will be drawn prior to the beginning of each month to select our next charity. Feel free to join us in our monthly giving by dropping off a check next time you are in.
AICPA Issues Guidance on Accounting for PPP Loans and Related Forgiveness
The AICPA worked with many of its volunteer members and the FASB staff and in June issued “Technical Question and Answer (TQA) 3200.18, Borrower Accounting for a Forgivable Loan Received Under the Small Business Administration Paycheck Protection Program.” This...
