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On December 27, 2020, the president signed the Consolidated Appropriations Act of 2021 (referred to as the “COVID-19 Relief Bill”). While there are many key provisions under this omnibus legislation that are designed to provide much-needed relief to small businesses, many of them are in fact legislative efforts to revamp the Paycheck Protection Program (“PPP”). … Continued
An SBA program for small businesses & the self-employed Self-employed individuals can start applying for this on Friday, April 10th, and there is a finite allocation of funds, so people that don’t respond in a timely fashion may find that it is too late to receive assistance at a later time. The PPP loan is … Continued
Dear Clients: Due to the far-reaching impact of COVID-19 and the resulting delay in the Federal tax filing/payment deadline, over the next several weeks our staff will be prioritizing those clients impacted by state filing deadlines that have not been extended. Additionally, many of our clients have reached out to us for guidance regarding the … Continued
PLAN AHEAD Is the business owner ready to sell? Emotionally? Financially? Is there a management succession plan? Does the owner need to sell? What will the owner do with his or her free time after the sale? BUILD A TEAM A variety of advisors, specialists and professionals are required to successfully complete a business sale … Continued