Paycheck Protection Program

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As you may have heard, the banks are preparing to begin accepting Paycheck Protection Program (PPP) loan applications beginning on Friday April 3, 2020.  A statement by a senior SBA official indicated that the loans will be given on a first-come, first-served basis. RESOURCES: Disclaimer: As the situation rapidly changes, you will likely note conflicting… Read more »

Navigating COVID-19 Business Relief Options

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As our community navigates through this crisis, our focus is on 5 major business initiatives: Health, Safety and Wellness Conserve Cash Support your Suppliers, Service Providers and Customers Maximizing Relief Benefits Minimizing Layoffs In support of that effort, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), was signed into law on Friday March… Read more »

IRS Coronavirus-Related Filing and Payment

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Rising Above the Chaos IRS Coronavirus-Related Filing and Payment We hope this email finds you well and healthy! Today we would like to make you aware that the IRS has issued further guidance on the Federal tax deadlines. The agency has posted 24 Questions and Answers regarding the extended deadlines on their website.  You can… Read more »

Receivables from Large Corporate Customers

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Rising Above the Chaos Consider: Receivables from Large Corporate Customers   We have a fast update on what we are hearing globally for you to judge if and how it may impact your business. We corresponded with the director of finance of a multinational healthcare company today. They are bending over backward to get payments… Read more »