RFS UPDATES
CARES Act Update as of October 2020
New rules are out for PPP loans under $50K. Please contact RFS if you need guidance on issues as soon as possible. CARES Act implications are rapidly evolving.
CMMC Update as of October 2020
Effective November 30, 2020, contractors may not be awarded contracts, nor can they award sub-contracts, unless they, and their subcontractors, have performed self-assessments and reported those results to a DoD website. Third party review may be required on certain...
Congratulations to Skyris, LLC on the Sale of its Company to ASGN
Rose Financial Solutions (RFS) congratulates Skyris, LLC on the sale of its company to ASGN (NYSE: ASGN). RFS and Skyris’ 10 year partnership has allowed Skyris’ highly motivated and talented management team to focus on operational excellence and growth while leaving...
Webinar: 30 Day Road Map to Financial Clarity
How to install a cost-effective financial system that provides financial clarity in 30 days! Accounting is no longer just about compliance and record keeping—it's about converting financial data proactively into meaningful and reliable financial information. Achieving...
Rose Financial Solutions Announces Two New Partners
ROCKVILLE, Md., July 9, 2020—Rose Financial Solutions (RFS), a pioneer in finance and accounting outsourcing, is pleased to announce that two senior members of its firm, Wallace Angel and Abhinav Chopra, have been promoted to Partner – Client CFO. “Abhinav and...
Do You Have a Post Pandemic Financial Plan?
RFS CEO Ted Rose was an expert panelist on Global Forum Summit’s Webinar: Restart Your Dental Practice’s Engine Post COVID-19. View the webinar to find out why you need a post pandemic financial plan. //www.youtube.com/watch?v=5OfcpOjp9cc
IRS Updates: Key Tax Deadlines | Guidance Under the CARES Act
On April 9, 2020, the Internal Revenue Service (IRS) announced additional key tax deadlines for individuals and businesses as well as guidance under the CARES Act to taxpayers with net operating losses. IRS extends more tax deadlines to cover individuals,...
CARES Act: Expected SBA Application Start Date
April 3, 2020—Some banks are expected to begin to accept applications for the CARES Act SBA loans as of midnight on April 3, 2020. Watch this video presented by Ted Rose and Tiffany Kao of Rose Financial Solutions for the latest information on the CARES Act’s SBA...
Senate Passes CARES Act | Update: March 26, 2020
The provisions of the CARES Act are starting to solidify. Key items to keep in mind: Loan amounts will be limited to 2.5 times average monthly payroll costs for prior 12 months (including salaries, commission, bonuses, health insurances, retirement payments, time-off...