Steven Anderson CPA

Posted in: Articles, COVID-19, Federal, Healthcare

Only Two Weeks Remaining Until PRF Phase 4 Application Deadline!

The October 26, 2021 application deadline for Provider Relief Fund (PRF) Phase 4 and American Rescue Plan (ARP) Rural Payments is quickly approaching with only two weeks to go.  Phase 4 includes $25.5 billion of new funding for COVID-19 affected healthcare providers.  The funding will be split between a $17 billion general distribution and an […]

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Paula Reape CPA LNHA

Posted in: Articles, COVID-19, Federal, Healthcare

Phase 4 and ARP Rural Distributions Application Open

The application is now open for both Provider Relief Fund (PRF) Phase 4 and American Rescue Plan (ARP) Rural payments.   More details on this $25.5 Billion in new PRF funding can be found in this HW&Co. article. Providers can apply via the Provider Relief Fund Application and Attestation Portal.  The first step is TIN validation […]

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Paula Reape CPA LNHA

Posted in: Articles, COVID-19, Federal, Healthcare

60-Day Grace Period for PRF Reporting & $25.5 Billion New PRF Funding Available

Announcing 60-Day Grace Period – PRF Reporting Period 1 The September 30, 2021 Reporting Period 1 deadline has not changed; however, in response to challenges providers are facing given the COVID surges and natural disasters around the country, a 60-day Grace Period through November 30, 2021, is now in place. This period allows providers to […]

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Paula Reape CPA LNHA

Posted in: Articles, COVID-19, Federal, Healthcare

Provider Relief Fund Reporting Overview and Calculation Tool

The 9/30/2021 reporting deadline for Provider Relief Funds (PRF) received between 4/10/2020 and 6/30/2020 is rapidly approaching.   It is important to understand the reporting requirements and to be prepared before entering information into the PRF Reporting Portal.   Quarterly information is required for expenses, patient care revenues and staffing FTEs so if you haven’t already gathered […]

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HW&Co

Posted in: Articles, COVID-19, Federal, Tax

Claim the Employee Retention Tax Credit

The Employee Retention Tax Credit (ERTC) is a valuable tax break that was extended and modified by the American Rescue Plan Act (ARPA), enacted in March of 2021. Here’s a rundown of the rules. Background In March of 2020, Congress originally enacted the ERTC in the CARES Act to encourage employers to hire and retain […]

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