COVID-19

Empowered Planning: Your Quarterly Update Empowered Planning: Your Quarterly Update provides insight and real-time examples of organizations and individuals like yourself who are seeking to build and maintain a strong financial foundation during these changing economic times, particularly as tax laws are expected to evolve under a new administration. Our Empowered Planning series of webinars is focused on planning ideas to help you move forward confidently...

Empowered Planning: Your Personal Financial Strategy Empowered Planning: Your Personal Financial Strategy provides insight and real-time examples of individuals seeking to build and maintain a strong financial foundation during these changing economic times, particularly as tax laws are expected to evolve under a new administration. Our Empowered Planning series of webinars is focused on planning ideas to help you move forward confidently...

Empowered Planning: Your Operations You’ve stayed the course, through twists and turns and disruptions, and kept business going the best you can. You’ve made it to what feels like the other side. As the dust continues to settle and a business-not-as-usual landscape emerges, you may wonder how best to proceed – how to keep going and find ways to not just survive but thrive.   Our webinar, Empowered Planning: Your Operations provides insight and real-time examples of businesses like yours finding success in their “new normal” operations...

Empowered Planning: Your Quarterly Update More than a year into the pandemic, 2021 is shaping up to be another interesting and historic year with a slew of impactful federal and state legislative action, requirements, and guidelines. There’s no shortage of critical areas for businesses to navigate. The good news: opportunities exist to help you move forward confidently. Check out the on demand webinar below for insight and real-time examples of businesses like yours finding success...

Despite the harm COVID-19 unleashed on the economy, trillion-dollar relief efforts like the Paycheck Protection Program, direct stimulus payments and more have largely kept bankruptcies at bay. According to data provider Epiq AACER, overall U.S. bankruptcy filings hit their lowest point since 1986, with the biggest dip seen in individual filings...

The confluence of 2017’s Tax Cut and Jobs Act (TCJA), 2020’s Coronavirus Aid, Relief, and Economic Security Act (CARES Act), and the new Consolidated Appropriations Act (CAA), has taxpayers (and tax professionals) on their toes, to say the least. Along with a new guard in Washington D.C., these sweeping changes created a dynamic situation for multitenant landlords and lessors of other real estate...

On March 11, 2021, President Biden signed into law the American Rescue Plan Act of 2021 (ARPA). The $1.9 trillion Act provides pandemic-related relief for businesses and individuals through a variety of provisions, including another round of stimulus payments, funding for state and local governments, and tax relief.Below is a summary of the key provisions included in the American Rescue Plan...

When COVID-19 reached the United States in March 2020, the federal government began working quickly to roll out its first stimulus relief package—the CARES Act. From a business perspective, the most impactful element of the legislation was the enactment of the Paycheck Protection Program (PPP), which allowed businesses to apply for loans to cover the losses incurred by the pandemic. A second Paycheck Protection Program, known as PPP2, was included in the Coronavirus Response and Relief Supplemental Appropriations Act of 2021. As a result, support is still available for businesses, and by working closely with your financial advisors, you can learn more about the ways government aid programs can positively impact operations...

In the wake of the pandemic, the Coronavirus Aid, Relief, and Economic Security (CARES) Act and the Coronavirus Response and Relief Supplemental Appropriations Act of 2021 have provided immediate assistance to the American workforce. While these bills have delivered direct economic assistance to small businesses nationwide, some business owners have been left perplexed regarding the tax deductibility of their Paycheck Protection Program (PPP) or PPP2 loans. What We Know It cannot and should not be assumed that states will adhere to the federal tax treatment of forgiven PPP loans and the deductibility of expenses related to those loans. Existing state laws dictate—whether by formal legislation or informal guidance—when specific CARES Act and coronavirus-related Tax Relief Act guidance do not exist...

On Jan. 15, 2021, The U.S. Department of Health and Human Services (HHS) announced an amendment to the reporting timeline and process for the Provider Relief Fund Program and opened registration for their Provider Relief Fund Reporting Portal...