06.17.20

SECURE Act: New Tax Incentives for Employers to Offer Retirement Benefits

The Setting Every Community Up for Retirement Enhancement (SECURE) Act authorizes a new, cost-effective type of retirement plan: The pooled employer plan (PEP) beginning in 2021. This is a new type of multiple employer plan (MEP). MEPs have been available for many years, but they suffer from some serious drawbacks and inherent complexities that make […]

06.09.20

Is Adaptive Reuse Right for You?

Adaptive reuse is more than refreshing a dated mall or finding new tenants for an office building. It involves adapting an existing building for an entirely different purpose than for which it was originally intended. For example, think of converting an industrial building to mixed use, an office building to a hotel, a meatpacking facility […]

06.08.20

The Most Important Questions to Ask Your Controller Right Now
Chris Arndt

While the economy begins to cautiously reopen after COVID-19-related restrictions, there are plenty of questions and uncertainty for business owners and entrepreneurs. Here are three important questions to ask your controller right now. What is the Break-Even Sales Point for the Business? With a number of companies losing money or facing financial hardship, it is […]

06.03.20

COVID-19 and the Impact on Telehealth Services

With the onset of the coronavirus (COVID-19) pandemic, the health care community has understandably been focused on diagnosing and treating patients with COVID-19. However, other patients, including higher-risk Medicare beneficiaries who still require various essential medical services, are encouraged to stay at home during this time when many health care facilities are overcrowded. In order […]

06.01.20

CARES Act Creates Tax Refund Opportunity for Many Restaurants
Brian R. Israel

The Coronavirus Aid, Relief, and Economic Security (CARES) Act established the Paycheck Protection Program, authorized stimulus checks for many Americans, and provided other economic relief for individuals and businesses. One provision that should not be overlooked corrects a technical glitch that has deprived many restaurants and other businesses of accelerated depreciation deductions for certain building […]

05.28.20

Keys to Effective Bring-Your-Own Device Policies
Seamus M. Donoghue

Manufacturers may implement bring-your-own-device (BYOD) policies for salespeople who travel, customer service representatives who work from home and managers who use mobile devices to perform business tasks. But allowing access to the company’s systems on an unsecured device presents risks. How can you protect your company’s data without violating employees’ privacy rights? Evaluating the pros […]

05.26.20

Webinar: The Cash Forecast is Dead, Long Live the Cash Forecast
Chris Arndt

“The cash forecast is dead. Planning cycles have shifted from long-term to short-term and the financial operations we’ve run our companies on have dramatically changed.” This was my recent conversation with Raman Chadha of the Junto Institute, which led us to this webinar topic. Watch the webinar here or read the summarized notes below to […]

05.22.20

The CARES Act Provides Some Relief to Not-For-Profit Organizations
James Quaid

Much of the economy is reeling from the novel coronavirus (COVID-19) pandemic, and the not-for-profit sector is not immune from the effects. Fortunately, Congress recognized this need when drafting the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). The law, enacted in late March 2020, contains several provisions that might help distressed not-for-profit organizations […]

05.19.20

State of the Legal Industry Market: A New Legal Model is Emerging
Joy A. Long

After several decades of operating on an essentially law firm-centric model, a new model appears to be emerging in the legal services industry. While noting incremental improvements in 2019 financial performance, the 2020 Report on the State of the Legal Market from the Legal Executive Institute (LEI) serves as a warning that law firms will […]

05.14.20

Relief for Health Care Businesses Under the CARES Act
Kelly H. Buchheit

No one is immune from the financial impact of COVID-19, and those in the health care industry have felt its effects more than most. As the pandemic continues, Congress has passed several bills offering financial relief to individuals and businesses, including health care providers. One of the most significant pieces of legislation is the Coronavirus […]