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 […]
The Health Resources and Services Administration (HRSA) recently announced reporting requirements for the Coronavirus Aid, Relief, and Economic Security (CARES) Act Provider Relief Fund (PRF). These requirements provide post-payment guidance more than a year after payments were initially distributed. The PRF, which allocated $178 billion in payments to qualified healthcare providers for Coronavirus-related healthcare expenses […]
Over the past year, the COVID-19 pandemic has transformed the business landscape in America, and manufacturing companies faced many new and unique challenges. While the industry helped keep America running by producing much-needed supplies and goods, manufacturing company owners faced an onslaught of challenges with maintaining basic business operations. As the industry returns to a […]
Businesses that have received loans under the Paycheck Protection Program (PPP) should be aware of the possibility that they’ll be audited by the U.S. Small Business Administration’s (SBA) Office of Inspector General, with support from the IRS and other federal agencies. The SBA will automatically audit every loan that’s more than $2 million after the […]