June 16, 2020 By Kathy Davis, CPA Our COVID-19 Response Team received additional guidance when the SBA issued the application dated May 20, 2020, and then, finally, H.R. 7010 (extension of time to spend the funds and decrease in payroll costs to the other applicable costs, signed by the President on June 5, 2020). Now, …
Paycheck Protection Program – Status of Filing for Forgiveness Read More »
AKRON, Ohio – (June 12, 2020) – Apple Growth Partners (AGP), award-winning accounting and business advisory firm, has announced two recent appointments to the leadership team. Susan Burnoski, CPA, and Christine Waltjen, CPA, have joined the firm’s Executive Committee. Susan Burnoski, CPA, is a principal and director of audit and assurance. Burnoski joined AGP more …
Apple Growth Partners Adds Female Executives to Leadership Team Read More »
Marling Engle from Metisentry is here (virtually) with us today to discuss their new project – creating a SaaS factory. Chuck & Brittany learn all there is to know about SaaS (at least in 30 minutes), and Marling discusses how technology will continue to help grow and shape companies as they come back from possible …
Tuesday, June 9, 2020 By Mark Batey, CPA As the U.S. economy begins to reopen from the lockdown caused by the COVID-19 pandemic, management and business owners are currently faced with a lengthy to-do list ranging from issues such as supply chain management to new health and safety measures. The monitoring of the company’s financial …
COVID-19 and Common GAAP Financial Reporting Considerations Read More »
Monday, June 8, 2020 By Dmitriy Berkovich, CPA | COVID-19 Response Team In response to comments that the Main Street Lending Program was not responsive enough for many small businesses to be able to participate, the Federal Reserve Board has just announced meaningful expansions of the program. Per Federal Reserve Chair Jerome H. Powell, the …
Thursday, June 4, 2020 In response to the recently passed Paycheck Protection Flexibility Act (PPFA), our COVID-19 Response Team has updated our frequently requested Forgiveness Calculator. Our new June Update Loan Forgiveness Calculator includes the recent changes from the PPFA, including FTE calculations. The PPFA is pending final signature from the President (as of 5:15 …
JUNE UPDATE: Estimated Loan Forgiveness Calculator Read More »
By Chuck Mullen, Chairman I recently saw a meme of Back to the Future fare where Doc told Marty “whatever you do, don’t go to 2020.” Heck, the troubles have come so fast and furious, Doc could just have accurately said “don’t go to 2nd quarter 2020.” Two major crises have struck our country in less than …
Be the Change: AGP’s Response to the George Floyd Tragedy Read More »
June 3, 2020 On June 3, 2020, the Senate, by unanimous consent, cleared the bill the House passed on May 28th to extend the Paycheck Protection Program (PPP). The President is expected to sign the bill soon. The bill known as the Paycheck Protection Flexibility Act (H.R. 7010) includes the following provisions: Extends the PPP …
The Paycheck Protection Flexibility Act Awaits the President’s Signature Read More »
Award-winning public speaker Lisa Ryan is joining Chuck & Brittany virtually this week to discuss her brainchild – Grategy. A company’s “gratitude strategy,” or Grategy, is a method of appreciating employees to increase engagement and decrease employee turnover. But how can companies appreciate employees remotely? Lisa discusses different Grategies in a COVID-19-Work-From-Home world and how …
Tuesday, May 19, 2020 SBA’s newest Interim Final Rule, posted on May 18th, clarifies that borrowers must count all employees, both foreign and domestic, for purposes of the size limitations of the PPP, subject to certain exceptions to affiliation. The IFR follows closely after the SBA and U.S. Department of Treasury published FAQ 44 on …
