Nov 18, 2021 | Business Planning, Coronavirus Updates, Coronavirus Updates
If you have business interruption insurance, can it help you through the pandemic? Business interruption insurance can cover lost income and continuing expenses while your business is closed or being repaired. It pays your bills during the interruption and any profit...
Nov 8, 2021 | Coronavirus Updates, Coronavirus Updates, Tax News
Late Friday, November 5, the Infrastructure Investment and Jobs Act was passed by the House of Representatives and is headed to President Joe Biden’s desk to be signed into law. Reposted from a Journal of Accountancy November 8, 2021 news article. The employee...
Sep 21, 2021 | Business Planning, Coronavirus Updates, Coronavirus Updates, Tax News
Over the past 10 years or so, companies have spent trillions of dollars on research and development (R&D). To remain competitive after the COVID-19 pandemic ends, companies must continue making these investments. But they need to rethink how they do that. Before...
Aug 16, 2021 | Business Planning, Coronavirus Updates, Coronavirus Updates
Governor Larry Hogan announced Project Restore, a new $25 million economic recovery program that will provide financial support to help encourage new or growing small businesses and commercial developers to acquire vacant retail and commercial land. The program is...
Jul 20, 2021 | Coronavirus Updates, Coronavirus Updates, Private Equity-SBICs and Venture Capital
Attaining S corporation status has certain tax advantages. S corporations are treated as pass-through entities for tax purposes and the protection of shareholder assets. However, the relief acts passed in response to the COVID-19 pandemic revealed some potential...
Jul 1, 2021 | Business Planning, Coronavirus Updates, Coronavirus Updates, Tax News
Reposted from the newsroom of Virginia Governor Ralph Northam June 11, 2021 news article. VIRGINIA BEACH—Governor Ralph Northam today announced a new $3 million investment to pilot the Return to Earn Grant Program, which will match payments from eligible small...