Asset-based lending structures (ABL) can be an excellent source of capital for many companies, especially for non-investment grade businesses and companies in transition who may not otherwise qualify for a cash flow loan. Cash flow loans use EBITDA and some level of multiplier to determine a company’s level of available credit. During negative economic cycles, […]
On September 13, 2021, the U.S. House and Ways Committee released the initial draft of the tax reform provisions that are intended to help fund programs under President Joe Biden’s Build Back Better plan. While changes to the proposed tax reform are expected during the budget reconciliation process, the following blog post explores key provisions […]
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Homeowners and businesses across the country have experienced weather-related disasters in recent months. From hurricanes, tornadoes and other severe storms to the wildfires again raging in the West, natural disasters have led to significant losses for a wide swath of taxpayers. If you’re among them, you may qualify for a federal income tax deduction, as […]
The COVID-19 pandemic has significantly impacted restaurants due to mandatory restaurant closures, capacity limitations, social distancing guidelines and other restrictions mandated by federal, state and local governments. While the uncertainty of the virus’ ongoing impact remains, and as restaurants begin navigating the “new normal,” another hurdle is approaching. The latest challenge is related to lease […]