Jul 6, 2020 | Advisory, Blog, Closely Held Businesses, Now You Know
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...
Jun 24, 2020 | Advisory, Blog, Closely Held Businesses, Now You Know
On June 16, the Small Business Administration (SBA) released revised applications for the forgiveness of loans under the Paycheck Protection Program (PPP). The revised applications include substantial changes due to the recently enacted Paycheck Protection Program...
Jun 11, 2020 | Advisory, Blog, Closely Held Businesses, Now You Know
Businesses across America that have been shut down due to the novel coronavirus (COVID-19) pandemic are starting to reopen. Since no two businesses are alike — even those in the same industry and location — what makes sense for one company could be a disaster for...
Jun 11, 2020 | Advisory, Blog, Closely Held Businesses, Now You Know
Chances are, employers don’t need the force of law to make them care about the health of their employees, especially during the COVID-19 pandemic. But it’s still important to know what the federal workplace safety agency — the Occupational Safety and...
Jun 10, 2020 | Advisory, Blog, Closely Held Businesses, Now You Know
Few businesses have been left unscathed by the COVID-19 pandemic. Business advisors are instructing companies to be resilient and nimble to come out on top. What does that mean for your business? Having deep pockets is one form of resilience. It gives you the ability...
Jun 5, 2020 | Blog, Now You Know, Tax
This article has been revised to reflect the SBA and Treasury Department’s joint statement on June 8. On June 5, 2020, President Donald Trump signed the Paycheck Protection Program Flexibility Act (the Act). The Act addresses several aspects of the Paycheck...