Posts Tagged ‘COVID-19’
The Employee Retention Credit Can Provide Up to $5k per FTE Oct. 31 2020
Businesses that either did not receive a loan through the Paycheck Protection Program (“PPP”) or that repaid their PPP in a timely fashion should explore their eligibility for the Employee Retention Credit (“ERC”), one of the tax-relief provisions of the CARES Act passed on March 27, 2020. The ERC is designed to encourage businesses experiencing…
Read MoreThe Fundamentals – Pulse on the Economy and Capital Markets: 8/31/20 – 9/4/20
Executive Summary Ahead of the holiday weekend, the employment and manufacturing numbers showed the rebound continues, though the headline employment numbers mask weakness related to Pandemic Unemployment Assistance (PUA) filings. The market, which had been strong through August, took a breather, led by the large tech companies which had surged throughout the year. The Markets…
Read MoreThe Deadline for MAAP Repayments is Approaching – Is Your Practice Prepared?
From supply shortages to revenue shortfalls, hospitals and healthcare providers have continued to face unprecedented challenges throughout the COVID-19 pandemic. Congress and the Department of Health and Human Services have offered some assistance in funding, primarily through creating the Provider Relief Fund and through expanding other existing funding programs, like the Medicare Accelerated and Advanced…
Read MoreProposed Regulations for Carried Interest – Is It Time to Analyze Business Strategies?
When the Tax Cuts and Jobs Act of 2017 introduced the new carried interest rules through IRC Section 1061, it upended compensation models that had been utilized by a wide variety of professionals and industries, most notably real estate developers, private equity and hedge fund managers. The new rules extended the holding period from 1…
Read MoreIRS 2019 tax correspondence delays – what you should do.
Did you make a tax payment via check leading up to the 7/15 extended IRS due date? Many taxpayers did. If you’re check still hasn’t been cashed, do not worry. You are not alone, and you haven’t done anything wrong. If you have paid but receive an unpaid tax notice The IRS has a backlog…
Read MorePrivate Equity Webinar Series Session 5: Gone Phishing – Cybersecurity in the Age of Teleworking
Email phishing attacks are the #1 cyber threat to businesses, and teleworking increases vulnerabilities to these attacks exponentially. Watch the Aprio Private Equity webinar, Gone Phishing: Cybersecurity in the Age of Teleworking, as our panelists discuss how private equity firms can address risk management in the era of COVID-19. Panelists discuss the current state of…
Read More3 Updates you Need to Know About Business Interest Expense Deduction Limitations
On July 28, 2020, the Treasury and IRS published several pieces of regulation and guidance that will have a significant impact on many taxpayers. If you are affected by the business interest expense deduction limitations under IRC Section 163(j), or if you own a business that manages or operates a residential living facility, read on…
Read MoreHHS Deems Provider Relief Fund Distributions Taxable
Announcement could affect healthcare practitioners’ tax liability Many medical providers have taken advantage of the Provider Relief Fund, a part of the CARES Act intended to cover certain expenses and lost revenues that healthcare practitioners have incurred as a result of COVID-19 (read our eligibility guidance here). On July 10, 2020, the Internal Revenue Service…
Read MoreWebinar: Digital healthcare: Raising capital during COVID-19
COVID-19 has caused investors to rethink valuations, payment terms and investment holding periods. Expect thorough financial and tax due diligence, an analysis of individual’s and team’s capabilities, business models (including products and growth opportunities), capital structure and the market potential. Watch the webinar now to gain an insider’s perspective on the market and how…
Read More30-60-90 Day Treatment Plan for Your Dental Practice Part 3: 90-Day Rolling Out Your Recovery
Watch Part 3 of Aprio’s Webinar Series, 90-Day Plan: Rolling Out Your Recovery, where our panelists offered Enterprise Risk Management strategies for keeping your dental practice running strong through challenging times. Expert Panelists: Brad McKeiver, Partner and National Dental Leader, Aprio Dave Recchion, Partner and Enterprise Risk Management Leader, Aprio Frank Clayton, DDS, Clayton…
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