by Heimlantz | Jul 6, 2020 | Covid-19, Uncategorized
On Wednesday, July 1, the House agreed unanimously to an extension of the Paycheck Protection Program (PPP). The five-week extension originated in the Senate on Tuesday, where it was approved late in the evening. President Trump signed the bill into law on Saturday,...
by Heimlantz | Jun 26, 2020 | Covid-19
On June 22, the U.S. Small Business Administration (SBA) released additional guidance regarding Paycheck Protection Program (PPP) loan forgiveness. A recent article from the Journal of Accountancy summarizes the information contained in the release. The new interim...
by Heimlantz | Jun 24, 2020 | Construction
This article dives into how the coronavirus has impacted the construction industry nationwide. Specifically, the graphs within this article show which states were negatively impacted the most and what construction activities are on the decline. Additionally, this...
by Heimlantz | Jun 24, 2020 | Professional Firms
As businesses attempt to get back on their feet post Covid-19, understanding programs that you may qualify for, such as the R&D tax credit, can help reestablish robust cash flow. This article outlines the ins and outs of the tax credit program, what the many...
by Heimlantz | Jun 17, 2020 | Professional Firms
This article discusses how the coronavirus has impacted the business world on a number of levels including raising questions around Goodwill and long-lived assets. Whether it is trying to sort through Goodwill testing or estimated values for publicly traded companies,...