Join this episode as we chat with Floyd Trouten, director of our transactional services and Steve Piatak, a director in our Business Valuation services group as they discuss a variety of topics related to buying…
If you’re a partner in a business, you may have come across a situation that gave you pause. In a given year, you may be taxed on more partnership income than was distributed to you from the…
When the COVID-19 crisis exploded in March, among the many concerns was the state of the nation’s supply chains. Business owners are no strangers to such worry. It’s long been known that, if too much of a…
A widely circulated article about the COVID-19 pandemic, written by author Tomas Pueyo in March, described efforts to cope with the crisis as “the hammer and the dance.” The hammer was the abrupt shutdown of most businesses…
For business owners who have experienced a remote workforce for the first time, or who have had to operate virtually for several months with a reduced workforce, the COVID-19 crisis has changed office culture for the foreseeable…
IT Strategy Questions to Ask Yourself During this New Normal The sudden shutdown of the economy in March because of the COVID-19 pandemic forced many businesses to rely more heavily on technology and quickly develop an IT…
If you own or manage a business with employees, you may be at risk for a severe tax penalty. It’s called the “Trust Fund Recovery Penalty” because it applies to the Social Security and income taxes required…
Fast-tracked Forgiveness Proposed for Smaller PPP Loans The deadline for applying for a Paycheck Protection Program (PPP) loan is now extended to Aug. 8 after being passed in both houses of Congress and signed by the President. …
The CARES Act was enacted in an attempt to mitigate the economic effects of the COVID-19 pandemic. Among other things, it extends favorable tax treatment to qualified individuals who take so-called “coronavirus-related distributions” (CRDs) from IRAs, 401(k)…
Just last week, the Small Business Administration (SBA) announced it has reopened the Economic Injury Disaster Loan (EIDL) and EIDL Advance program to eligible applicants still struggling with the economic impact of the COVID-19 pandemic. The EIDL…
We currently live in a new reality. One industry that has drastically been affected is the wedding industry. In a year that is supposed to be their happiest, bride and grooms are now forced to alter…
This episode dives into the COVID-19 impact on the construction industry. Our construction industry expert, Michael Essenmacher discusses the impact, the future, new protocols, and provides some advice based on his expertise. Some of the topics…
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