Our number one priority is the health and safety of our people, families, clients, and communities. While these are unprecedented times, BeachFleischman is committed to helping you navigate through these difficult times. We have developed a series of COVID-19 resources and updates to keep you informed of the changes that may impact you and your business.
This page will be updated regularly with COVID-19 developments. Last updated: 08/12/2020
Have you lost your job and collecting unemployment? Or are you fortunate to be working from home because of the pandemic? Both of these situations could have tax implications.
Do you have a business that received a PPP loan and now you are considering a change in ownership, like a sale, purchase of a competitor or even adding a new partner? There are several different things that need to be considered before any transaction in order to preserve your ability to get PPP loan forgiveness. Here are the questions you should be asking before you sign on the dotted line.
The Small Business Administration (SBA) and Treasury released an updated Paycheck Protection Program (PPP) FAQ on Aug. 4 in an effort to address PPP loan forgiveness issues that have arisen as borrowers begin to complete their applications. The 23 FAQs address various aspects of PPP forgiveness including general loan forgiveness, payroll costs, non-payroll costs, and[ … ]