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Publications

Thursday, May 21, 2020

Global Fraud Epidemic: How to Keep Your Organization Safe

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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. Small Organizations, Big Risks The Report […]

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Friday, May 15, 2020

SBA and Treasury Release Paycheck Protection Program Loan Forgiveness Application

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WASHINGTON—Today, the Small Business Administration (SBA), in consultation with the Department of the Treasury, released the Paycheck Protection Program (PPP) Loan Forgiveness Application and detailed instructions for the application. The form and instructions inform borrowers how to apply for forgiveness of their PPP loans, consistent with the Coronavirus Aid, Relief, and Economic Security Act (CARES […]

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Thursday, May 14, 2020

Boosting the Productivity of Remote Workers

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Even while conditions in some states have improved enough to allow some workers in exile to begin returning to their workplaces, life isn’t likely to return to normal for a long while, thanks to the novel coronavirus (COVID-19) crisis. First, some employees worried about the chances they could become infected might balk at the idea of […]

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Thursday, May 14, 2020

Can Your Business Survive and Even Thrive in These Trying Times?

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The novel coronavirus (COVID-19) pandemic has caused difficulties for millions of businesses — from family-owned restaurants and niche manufacturers to multinational airlines and oil companies. As the economy slowly reopens across the country, old ways of doing things clearly won’t work for most business operations. Successful COVID-19 Pivots“Pivot” strategies can be short-term or long-term. They might, […]

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Thursday, May 14, 2020

USMCA: New Trade Agreement Will Modernize NAFTA

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The United States-Mexico-Canada Agreement (USMCA) will take effect on July 1, 2020. President Trump has hailed the new North American trade treaty as a “colossal victory” for Americans. Whether the impact is worthy of superlatives will vary by industry sector and geography. Here’s what U.S. business owners should know. Overview When the Canadian parliament ratified the […]

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Thursday, May 14, 2020

Prepare for a Post-COVID-19 Business Sea Change

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Few businesses have been left unscathed by the novel coronavirus (COVID-19) pandemic. Unfortunately, many have been mortally wounded. Some may be living on life support thanks to financial help from the government, but their long-term survival is in doubt. That may not be inevitable, however, particularly for businesses that are proactive. Business advisors are instructing companies […]

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Thursday, May 7, 2020

Service Disallows Tax Deductions for Eligible PPP Expenditures

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Summary: Paycheck Protection Program (PPP) Expenditures Under the CARES Act On April 30th, 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) […]

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Tuesday, April 28, 2020

COVID-19 Payroll Tax Relief – Credits and Deferral

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Two COVID-19 aid packages recently became law that deliver federal assistance to employers by providing them credits against their payroll taxes. The Families First Coronavirus Response Act (FFCRA) provides 100% of the funds needed by employers with fewer than 500 employees to pay federally mandated emergency leave to employees caring for themselves or others for […]

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Tuesday, April 28, 2020

All Employers Can Defer Employment Tax Deposits Until PPP Loan is Forgiven

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The IRS has issued frequently asked questions (FAQs) on the payroll tax deferral opportunity provided by the Coronavirus, Aid, Relief, and Economic Security (CARES) Act (Public Law 116-136). Under that provision, employers of all sizes (including tax exempt/non-profit employers) can defer the deposit and payment of the employer’s share of Social Security taxes. Self-employed individuals […]

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Saturday, April 18, 2020

COVID-19 Resources for the Healthcare Industry

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Below are the latest publications regarding COVID-19 in the healthcare industry: April 8, 2020: How Post-Acute Care Can Navigate COVID-19 Challenges April 2, 2020: Telehealth’s New Relevancy Amid COVID-19 April 2, 2020: A Checklist for Managing Patient Surge During COVID-19 April 2, 2020: Healthcare Impacts of COVID-19 National Emergency Declaration April 2, 2020: Healthcare Takeaways […]

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