After seeing its business drop 90% due to the pandemic, West Hollywood's iconic Comedy Store claims that its accountant mishandled its COVID relief funds.
The Comedy Store Sues Moss Adams Over Missed $8.5 Million in COVID Relief Funds cpapracticeadvisor.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cpapracticeadvisor.com Daily Mail and Mail on Sunday newspapers.
CMS recouped most of the $107 billion in advance reimbursements already, but some hospitals facing cash crunches could be subject to interest penalties without an extension.
Providers have unanswered questions ahead of COVID-19 grant reporting deadline modernhealthcare.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from modernhealthcare.com Daily Mail and Mail on Sunday newspapers.
New White House guidance grants audit extension for COVID relief funds
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Some healthcare providers along with states, universities and other organizations are getting an extra three months to audit their COVID-19 relief aid.
The White House s Office of Management and Budget on Tuesday released guidance with instructions on how to audit money received under its COVID-19 relief distributions, including the Coronavirus Aid, Relief, and Economic Security Act, or CARES Act. The rules extend the audit deadline, as many had anticipated. Health systems that received Provider Relief Fund grants had held off on auditing that money while they waited for specific rules.