Posted by Cory Van Deusen V on May 27, 2020
If you did not receive a Paycheck Protection Program loan, you may want to consider the CARES Act Employee Retention Credit.
Posted by Christopher Lukowski on May 19, 2020
Could your organization be the next victim of fraud in an increasingly tense global marketplace? No one wants to believe that their trusted employees would steal assets or manipulate financial information for criminal purposes. But fraud is more common — and costly — than you might think, especially for smaller organizations.
Posted by Mark Stack on May 14, 2020
Why should it matter for a business whether its employees work from home temporarily or if they work remotely in a state other than where the employer’s base of operations is located? In the discussion that follows, we explore three important state and local tax (SALT) effects that could result from teleworking employees.
Posted by Stephanie Wilkinson on May 14, 2020
It's not easy to think long-term about your business when we're all dealing with the daily challenges presented by COVID-19, but there will likely be better times ahead when this storm has passed. The steps you take now regarding your workforce could determine how well and how quickly your company is able to bounce back when the time comes.
Posted by Amanda Mooney on May 11, 2020
The United States-Mexico-Canada Agreement (USMCA) updates the rules for trading manufactured goods in North American, strengthens protections for intellectual property and includes efforts to support small businesses.
Posted by Cory Van Deusen V on May 11, 2020
Read the Federal Reserve press release issued on April 30, 2020 to announce The Main Street New Loan Facility (“Facility”), which has been authorized under section 13(3) of the Federal Reserve Act, is intended to facilitate lending to small and medium-sized Businesses by Eligible Lenders. Learn more about the New, Priority, and Expanded Loans.
Posted by Cory Van Deusen V on May 07, 2020
The Federal Reserve has issued further guidance and eligibility requirements surrounding its Main Street Lending Program (MSLP) announced on April 9. The MSLP aims to increase the flow of credit to small and medium-sized businesses that were in good financial standing prior to the COVID-19 crisis.
Posted by Megan Morris on May 07, 2020
On April 30, the IRS issued Notice 2020-32 providing guidance regarding the deductibility for federal income tax purposes of certain otherwise deductible expenses incurred in a taxpayer’s trade or business when the taxpayer receives a loan (covered loan) pursuant to the Paycheck Protection Program (PPP).