Business Management

  • Adjust your expectations of business interruption coverage

    • April 30, 2020
    • Posted by: Bill Jacob
    • Category: Business Management, COVID-19 Updates
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    A natural place to turn when disaster strikes is insurance. The very reason you pay premiums and deal with the paperwork is to have these risk management policies in place when necessary. But, when it comes to business interruption coverage, you may have to adjust your expectations if you intend to file a claim because

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  • The SBA launches the Paycheck Protection Program

    • April 8, 2020
    • Posted by: Peter Maddalena
    • Category: Business Management, COVID-19 Updates, Tax, Tax Legislation
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    The Coronavirus Aid, Relief and Economic Security Act (CARES Act) allocates nearly $350 billion to a new lending program through the Small Business Administration (SBA), aimed at helping employers cover their payrolls during the coronavirus (COVID-19) pandemic. The loans under the Paycheck Protection Program (PPP) are subject to 100% forgiveness if certain criteria are satisfied,

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  • Using your financial statements during an economic crisis

    • April 7, 2020
    • Posted by: Jason Schilling
    • Category: Accounting & Bookkeeping, Business Management, COVID-19 Updates
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    The economic fallout from the coronavirus (COVID-19) pandemic has forced business owners to reevaluate their operations and make difficult decisions. One place to look for the information you need to make rational, reasonable moves is your financial statements. Under U.S. Generally Accepted Accounting Principles, these typically comprise a statement of cash flows, a balance sheet,

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