How COVID-19 highlights the importance of cross-training your accounting staff It’s a scenario occurring in workplaces around the world: the company controller enters the hospital after contracting COVID-19, but she’s the only person with access to the payroll and accounting software. She’s also the only employee besides the owner authorized to sign checks. But the […]

For mid-size/middle market businesses, applying for the Payroll Protection Program (PPP) and figuring out how to make sure a loan of that size is forgiven to the maximum amount can bring up a lot of questions.  We’ll help you make sense of how the program applies to your business and will cover: What the Payroll […]

PPP Loan borrowers were required to certify that “the uncertainty of current economic conditions makes necessary the loan request to support the ongoing operations of the eligible recipient.” However, the following  FAQs from the SBA regarding PPP loans are potential causes for concern: Question 31: Do businesses owned by large companies with adequate sources of […]

Legal cases look very different today in a country where many courthouses are closed and stays have been issued for most trials, which can leave many wondering how to achieve justice during the pandemic. In this webinar we'll cover what you need to know, including: What options are available to plaintiffs to keep their cases […]

Many Americans are concerned about their finances and taxes, especially if their economic situation changed during the COVID-19 pandemic. Here are our answers to some of their most common questions.  I’m currently working from home while my employer’s office is closed. Can I deduct any of the related expenses? Not at this time. If you […]

As a result of the coronavirus (COVID-19) crisis, your business may be using independent contractors to keep costs low. But you should be careful that these workers are properly classified for federal tax purposes. If the IRS reclassifies them as employees, it can be an expensive mistake. The question of whether a worker is an […]

The coronavirus (COVID-19) pandemic has caused the value of some retirement accounts to decrease because of the stock market downturn. But if you have a traditional IRA, this downturn may provide a valuable opportunity: It may allow you to convert your traditional IRA to a Roth IRA at a lower tax cost. The key differences […]

COVID-19 has created uncertainty for those dealing with family matters. With many courthouses closed and a whole new set of issues to deal with, we’re here to help answer questions related to your family law matters including:  Child support Contribution to college expense Closely Held Businesses in Marital Dispute

The novel coronavirus (COVID-19) pandemic has adversely affected the global economy. Companies of all sizes in all industries are faced with closures of specific locations or complete shutdowns; employee layoffs, furloughs or restrictions on work; liquidity issues; and disruptions to their supply chains and customers. These negative impacts have brought the “going concern” issue to […]