The original CARES Act included the Earned Retention Tax Credit (ERTC) for businesses that were not eligible for the Paycheck Protection Program (PPP). The new stimulus package now allows businesses to utilize both the PPP and the ERTC and this is retroactive to March...
There have been some changes made to the PPP loan information we shared on June 3, 2020. Below is what we now know as of January 13, 2021. Timing Community financial institutions that service minority and women-owned businesses will be able to make loans to first-time...
When you find yourself exploring the difference between a controller and a CFO, that’s a good thing! Your business is evolving, tackling complex challenges, and ready for financial leadership. But controller vs CFO, which one is right for you? Let’s take a good look...
The decision to hire a chief financial officer (CFO) isn’t always an easy one. Especially, if you run a small to medium-sized business with a limited budget. Yet, a good CFO can play a pivotal role on your management team and provide the financial guidance you need to...
As a service to our clients, we have been keeping a close watch on the Paycheck Protection Program (PPP) and the recent amendments put in place with the signing of the Flexibility Act. Below is a summary of the most recent updates that have taken place, and what they...
In April, we shared information with you about how to maximize PPP loan forgiveness. As anticipated, since that time there have been some changes. On June 3rd, the Senate passed by unanimous consent the Paycheck Protection Program Flexibility Act of 2020, which the...