blog | Bowman & Company, LLP | #COVID-19News

Understanding the Newly Proposed Coronavirus Relief Bonds

Posted by Carol A. McAllister, CPA, RMA, Partner on May 20, 2020 8:58:39 AM
Understanding the Newly Proposed Coronavirus Relief Bonds

On Thursday, May 14, the New Jersey Legislature through the Assembly Commerce and Economic Development Committee passed Assembly Bill 3971, which effectively authorizes New Jersey municipalities and counties to issue "coronavirus relief bonds."

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Topics: Government Entities, #COVID-19News

Thanking Our Local Heroes

Posted by Bowman & Company LLP on Apr 27, 2020 9:16:01 AM
Thanking Our Local Heroes

Bowman & Company LLP would like to thank the health professionals, factory operators, grocery store workers, police officers, and all the other essential workers that are keeping our communities running during these extraordinary circumstances.

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Topics: Not-for-Profits, #BowmanGivesBack, #COVID-19News

Understanding the Paycheck Protection Program

Posted by Bowman & Company LLP on Apr 16, 2020 10:18:39 AM
Understanding the Paycheck Protection Program

The COVID-19 pandemic has introduced a wide variety of constraints and complications for businesses across the nation and the globe. The Coronavirus Aid, Relief, and Economic Security (CARES) Act was passed to help entities recuperate losses and weather through uncertain markets.

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Topics: Speaking Engagements, Not-for-Profits, For-Profit Entities, Construction, Professional Services, Healthcare, #COVID-19News

GASB Continues to Address Practice Issues Arising from COVID-19 Pandemic

Posted by NJCPA on Apr 9, 2020 10:00:00 AM
GASB Continues to Address Practice Issues Arising from COVID-19 Pandemic

The Governmental Accounting Standards Board (GASB) continues to share concerns about the stakeholder impact of the coronavirus (COVID-19) pandemic. The GASB is actively addressing and responding to the evolving situation. We are committed to supporting and assisting stakeholders during this uncertain period.

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Topics: Government Entities, Federal Services, #COVID-19News

Applications for NJEDA Small Business Emergency Assistance Loan Program to Open April 13

Posted by NJCPA on Apr 8, 2020 10:00:00 AM
Applications for NJEDA Small Business Emergency Assistance Loan Program to Open April 13

The New Jersey Economic Development Authority (NJEDA) will launch the application for its Small Business Emergency Assistance Loan Program on Monday, April 13, at 9 a.m. A link to the program application will be posted on the State’s COVID-19 Business Information Hub. To provide business owners the opportunity to prepare to apply for the loan, a PDF version of the application will be available on Monday, April 6. The loan program is part of a package of initiatives announced last week to support businesses and workers facing economic hardship due to the outbreak of the novel coronavirus COVID-19.

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Topics: Government Entities, Not-for-Profits, For-Profit Entities, Funeral Homes, Construction, Professional Services, Healthcare, Federal Services, #COVID-19News

Breaking Down the Coronavirus Aid, Relief, and Economic Security Act ("CARES Act")

Posted by Bowman & Company LLP on Mar 30, 2020 3:18:30 PM
Breaking Down the Coronavirus Aid, Relief, and Economic Security Act (

The coronavirus (COVID-19) pandemic has already had widespread effects on the U.S. economy. Demand for many goods and services has stalled, unemployment claims have reached record highs, and many academic institutions and businesses are operating online — if at all. Life has changed dramatically across the country.

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Topics: Government Entities, Not-for-Profits, For-Profit Entities, #BowmanGivesBack, Funeral Homes, Construction, Professional Services, Healthcare, Federal Services, #COVID-19News