COVID Debt Relief – Bankruptcy and Weighing Your Options

At a glance The main takeaway: In a panel discussion with Graham Stieglitz, Partner at Burr & Forman, we dispelled bankruptcy’s negative connotation and explored how it can be an outlet for businesses to relieve debt, reorganize or start anew. Next steps: Evaluate your current situation and determine if bankruptcy is the best option for you —…

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The Pulse on the Economy and Capital Markets: Jan 17 – Jan 21, 2022

At a glance: The markets had another rough week as stocks declined 4% globally, and investors favor lower-risk assets. Investors continue to worry about inflation and how quickly the Fed will respond. The video game industry takes a giant leap towards the Metaverse as Take Two Interactive and Microsoft announce huge merger and acquisition deals.…

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North Carolina Businesses Set to Receive a New Wave of COVID-19 Financial Relief

At a glance:  The main takeaway: Through January 31, 2022, eligible businesses across North Carolina can apply for grant money to help navigate financial hardships due to COVID-19. Impact on your business: Depending on the type of grant you’re eligible for, your business could receive up to $500,000 worth of relief. Next steps: Contact your Aprio advisor for help…

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4 Steps to Navigate COVID-19 Debt

At a glance Pandemic debt poses problems: Debt resolution remains a challenge for many restaurants, due to COVID-19-induced lockdowns and the current rise of the Omicron strain. Impact on your business: Businesses should prioritize open, honest communication with their vendors, landlords and lenders to help renegotiate terms and ease financial burdens while repaying debt. Next steps: Contact your…

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The Pulse on the Economy and Capital Markets: Dec 27 – Dec 31, 2021

At a glance: Overall, the U.S. performed well as stock markets closed out 2021 strong and leading economic indicators are pointing to global growth. While stocks outperformed in 2021, bonds had a rough year due to inflation trending higher than expected. Despite continued supply chain challenges and the rise in Omicron cases, U.S. manufacturers and…

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Infrastructure Investment Jobs Act and Build Back Better Act: What’s in these Bills and the Impact on You and Your Business

At a glance: The Infrastructure Investment Jobs Act passed by Congress on November 5, 2021 has been sent to President Biden to sign. Learn about the incentives included and how they may benefit you and who will pay for the benefits. Learn about the new crypto filing requirements that will impact everyone involved in investing…

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The Pulse on the Economy and Capital Markets: Nov 1 – Nov 5, 2021

At a glance: Overall markets continued their impressive streak higher with smaller companies leading the way. The infrastructure bill is already benefitting smaller companies as US-focused small company stocks excelled last week. The strong jobs report highlights workers are coming back at about 20 percent higher than expected likely due to Covid-related support ending in…

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The Next Hurdle in your ERC Claim: Financial Reporting

At a glance: The main takeaway: Industry experts have recommended using the loss recovery model in response to widespread confusion about reporting the ERC in financial statements. Impact on your business: The loss recovery model means you can report ERC claims sooner and avoids any need to amend previous financial statements, but you must be certain in…

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