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Category: Construction

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Paid Sick Leave Refundable Credit

By: Damien Strohmier, CPA, CCIFP Note: On March 11, 2021, President Biden signed into law the American Rescue Plan Act of 2021, which includes the following provisions related to the employer […]

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Not Eligible for Second Draw? Look Again…

By: Damien Strohmier, CPA, CCIFP Eligibility criteria for the second draw loans includes terminology that misled several companies to believe they were not eligible to apply. This article will review […]

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How to Account for and Record PPP Forgiveness

By Damien Strohmier, CPA, Senior Manager As many companies are receiving Paycheck Protection Program (PPP) debt forgiveness and loan payoffs, the question of how to record forgiveness has resurfaced. This […]

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Blue & Co. December 2020 Webinars

It’s webinar season at Blue & Co., LLC.! Check out all of our upcoming events for the week of December, 14. Monday, December 14 Panel Discussion Regarding Paycheck Protection Program […]

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Managing Cash Flow Through Uncertainty

Cash flow management is a critical exercise during uncertain times like these and one that is top of mind for every business owner.  It involves managing every aspect of the […]

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A Solution to Equity Deficits for ESOPs

by Damien Strohmier, CPA, CCIFP Considering an ESOP (Employee Stock Ownership Plan) or have you just implemented an ESOP for owner succession? The technical application of accounting for this transaction […]

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ASC 842

How the FASB’s Updates to ASC 842 Impact Manufacturing Companies

By Jordan Miller, CPA, Senior Manager at Blue & Co. The Financial Accounting Standards Board (FASB) recently issued Accounting Standards Update (ASU) 2023-01 to address challenges faced by private companies […]

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Blue & Co., LLC Announces Expansion with Stokes & Housel, CPA

Bedford, Ind. (December 16, 2024) – Blue & Co., LLC, a top-60 accounting and advisory firm with offices in Indiana, Kentucky, Ohio, and Michigan is expanding into Bedford, IN. Effective December […]

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Benefit Briefs: Navigating Forfeitures in Defined Contribution Plans: Compliance, Usage, and Regulatory Considerations

By Debbie Herbert, CPA, Director at Blue & Co. If your defined contribution plan has a vesting schedule for employer contributions, you may be familiar with the term ‘forfeitures.’ In […]

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