Posts Tagged ‘Coronavirus’
Get Your Top ERC Tax Questions Answered
At a glance Schedule a consultation with our ERC team today The full story: The Employee Retention Credit (ERC) has been a much-needed cash resource for businesses struggling under the weight of the COVID-19 pandemic. But for many businesses one question lingers “Is the Employee Retention Credit taxable?” — especially since the IRS has released…
Read MoreDo Owners’ Wages Qualify for the ERC?
At a glance: Don’t let recent IRS guidance jeopardize your credits. Contact Aprio’s ERC team to maximize your credit value and minimize audit risk. With Aprio, you can put those worries about ERC owner wages to rest. The full story: The IRS finally released official guidance on the eligibility of wages paid to business owners and…
Read MoreThe First PPP Loan Payments Are Coming Due: Here’s What You Need to Know
At a glance: The main takeaway: The first Paycheck Protection Program loans (particularly those distributed in spring 2020) are coming due for repayment. Impact on your business: You need to understand your forgiveness window and the appropriate applications to request forgiveness, otherwise you’ll have to start making monthly payments of principal and interest. Next steps:…
Read More4 Financing Options to Expand Your Business Post-COVID
At a glance: Opportunities abound: There are plenty of financing opportunities on the buy-side for aspiring business owners hoping to expand or purchase a new venture. Find the right fit: The appropriate financing avenue depends on your professional relationships, financial standing and record, and industry, among other competing factors. Move forward with confidence: In order…
Read MoreA New Series: How Businesses Can Use Liquidity to Fund Post-COVID Growth
At a glance: Moving forward: Businesses may be sitting on excess cash after using funds acquired from COVID-19 relief programs for approved expenses and costs during the pandemic. Grow with confidence: In a new four-part blog series, Aprio’s Restaurant, Franchise & Hospitality team will explore three ways small businesses can use extra liquidity to fund…
Read MoreEmployee Retention Credit: Are U.S.-based Subsidiaries of International Companies Eligible?
At a glance: Contact Aprio to find out if you qualify. The full story: At the end of 2020, the Consolidated Appropriations Act introduced several changes to the Employee Retention Credit (ERC), making many new businesses eligible to reap the benefits of the program. And if your business is a U.S.-based subsidiary of an international company, you…
Read MoreWhat COVID Relief Options Are Still Available to U.S. and U.K. Businesses?
At a glance: The Main Takeaway: The U.S. and U.K. governments have started to phase out and put end dates on popular economic relief programs for businesses, due to increasing vaccination rates. Impact on Your Business: Though deadlines have been extended, funding for some programs is minimal, so it’s important to apply now and take…
Read MoreIt’s Here: The HHS Releases New Provider Relief Fund Guidance on Reporting
At a glance: The main takeaway: The U.S. Department of Health and Human Services (HHS) has released new guidance that sheds some much-needed light on Provider Relief Fund (PRF) reporting requirements. Impact on your business: The HHS’s guidance specifically provides information on PRF usage deadlines and time periods, reporting responsibilities and how to conduct the…
Read More4 Tips to Fuel Your International Business’s Post-Pandemic Growth
At a glance: The main takeaway: The business world will look vastly different after COVID-19, which means international businesses will need to re-examine their activities to remain competitive. Impact on your business: Business areas such as employee relations, hiring, customer preferences and risk management will all be affected post-pandemic. Next steps: Be proactive and better…
Read MoreRecovery Startup Business ERC: ERC Update Expands Eligibility to New Startups
At a glance: Don’t miss out on this new opportunity to claim the ERC. Contact Aprio’s ERC team to see if you qualify under the new eligibility criteria. The full story: If you started a company in 2020 and thought you were ineligible for the Employee Retention Credit (“ERC”), we have good news. The American Rescue…
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