Articles
Employees Telecommuting Due to COVID-19 Create Potential NYC Unincorporated Business Tax Savings Opportunity
New York City (NYC) imposes unique taxes that often surprise NYC business owners. These include the Commercial Rent Tax and Real Property Transfer Tax.
FEMA Funding for Costs of Emergency Protective Measures for COVID-19
Under emergency declarations, FEMA’s Public Assistance program is available to reimburse certain Private Non-Profit (PNP) Organizations for eligible emergency protective measures carried out under the direction or guidance of public health officials.
Additional Loan Forgiveness FAQs: Some Re-Hashed, Some New Nuggets, More Needed
The U.S. Small Business Administration (SBA) released a series of Frequently Asked Questions (FAQs) on loan forgiveness. Issued on August 4, 2020, there are 23 FAQs in all, broken down into four sections.
RESTORE RI Small Business Grants
Rhode Island has targeted help for its small businesses that have been impacted by the COVID-19 pandemic.
Localities Set Up Recovery Loan and Grant Programs
In addition to the various federal and state loan programs that were created in response to the COVID-19 pandemic, some local jurisdictions have established their own loan and grant programs.
Are You Prepared for an IRC Section 965 Repatriation Audit?
As part of the growing IRS compliance review campaign, there is now a direct focus on high-net-worth individuals, especially those who have formed private foundations and also those with international business activities.
Intangible Assets in the Cannabis Industry – Measuring the Success of Acquisitions
In the last year, a lot of attention has been given to the amount of goodwill on cannabis companies’ balance sheets.
Bankruptcy: Recovery and Resurgence
Are the funds from your PPP loan about to run out? Have your operations been crippled by the pandemic? Are you starting to feel pressure from your creditors? Have you thought about restructuring your existing obligations but don’t know where to begin?
CARES Act – Provider Relief Fund
For health care providers laboring around the clock during the pandemic, financial relief is both welcome and well deserved.
Main Street Lending Program for Nonprofits
The Federal Reserve Bank of Boston finalized the term sheets for the Main Street Lending Program (the Program) to provide access for nonprofit organizations, on July 17, 2020.
Building an Effective Succession Plan and Exit Strategy for Construction Industry Owners and Executives
Is your privately-owned construction business ready to consider or re-consider an ESOP (Employee Stock Ownership Plan) as a financial alternative to selling it?
PKF International Worldwide Tax Guide 2020/21
The latest edition of the PKF International Worldwide Tax Guide for 2020/21 is now available for download. This annual publication covers 146 jurisdictions, providing an overview of taxation and business regulations on a country-by-country basis.