Take Advantage of SBA Loans and Payroll Tax Incentives

Background In light of the novel coronavirus (COVID-19) global pandemic, many small-to-medium sized businesses are struggling to manage revenue losses amid prolonged economic uncertainty.   To offset the pandemic’s financial impacts, Congress has passed several stimulus bills, including the Families First Coronavirus Response Act and the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which includes […]

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Considerations On Accounting and Financial Reporting for Bank CFOs as They Navigate Business Impact

Individuals that serve in an executive and leadership capacity at banks are making important operational and business decisions to keep their employees’ wellbeing a priority while mitigating organizational risk during the novel coronavirus (COVID-19) pandemic.   Within the coming months, data will begin to demonstrate the human and operational impact, but without a doubt, the […]

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Consider Operating Cost Reduction Strategies During Crisis Management and Recover

In the midst of the COVID-19 crisis, operational challenges are among the top sources of pressure for businesses. Unforeseen costs, disruptions in services and, for most organizations, significant material hits to revenue are top of mind as you navigate new issues related to maintaining facilities and business functions. For these reasons, identifying and utilizing operating […]

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