In what is likely the first step in the audit process for borrowers that received Paycheck Protection Program (PPP) loans more than $2,000,000 (including affiliates), the SBA has developed a questionnaire for both for-profit and non-profit borrowers which was released...
ZOOM Best Practices
Zoom has been around for some time but with the need to work virtually, using this application has provided an effective way to communicate both in the corporate and education sector. Unfortunately, some lax security practices allowed intruders to intercept the video meetings, often inserting offensive and obscene content, creating a new phrase “zoombombers.”
HHS Announced Phase 3 of General Distribution Funding
Partial Plan Terminations: What Employers and Plan Sponsors Should Know
HHS Provider Relief Fund Reporting Update
Accounting for Unemployment for Self-Insured Nonprofit Organizations
Automating your Business Functions
From the Field
Payroll Tax Deferral Guidance
Long-Term Property Solutions Amid COVID Pandemic
We’ve spent the last 5 months answering questions for New York City tenants on how to: navigate rent payment solutions and lease restructuring for existing leases, leverage the COVID-19 NYC real estate market for new or renewed leases, and redesign existing spaces amid social distancing and flexible work strategies to optimize reopening.
5 Ways to Reinvigorate Your Business
The whole world has been put on pause because of the COVID pandemic, and for many business owners, the same holds true for their business. We are so bogged down in understanding changing regulations, worrying about CDC guidelines, and getting caught up in the minutia of getting through another COVID quarantine day, that our businesses and our psyche have suffered. Instead of looking at this as another day in the COVID pandemic doldrums, why not use this as a time to try to reinvigorate your business by infusing new energy and strategies.
Major Expansion of the use of HHS Phase 3 Stimulus Funds With a Fast Approaching Deadline!
Oct 28, 2020
As we reported several weeks ago, the US Department of Health and Human Services (“HHS”) made available an additional $20 billion in stimulus funds to healthcare providers on the frontlines of the coronavirus pandemic. While it is still not clear how these funds will...
New York Forward Child Care Incentive
Oct 21, 2020
In case you missed it, the Office of Child and Family Services (“OCFS”) has made available $48.6 million in the third installment of the federal CARES funding to support child care programs and the families who need child care services.
ZOOM Best Practices
Oct 21, 2020
Zoom has been around for some time but with the need to work virtually, using this application has provided an effective way to communicate both in the corporate and education sector. Unfortunately, some lax security practices allowed intruders to intercept the video meetings, often inserting offensive and obscene content, creating a new phrase “zoombombers.”
HHS Announced Phase 3 of General Distribution Funding
Oct 5, 2020
As part of the ongoing efforts to assist healthcare providers, the Department of Health and Human Services (HHS) announced on October 1st, 2020 the “Phase 3” of the Provider Relief Fund. Phase 3 releases another $20 Billion of HHS Stimulus funding for providers to...
Partial Plan Terminations: What Employers and Plan Sponsors Should Know
Sep 24, 2020
The COVID-19 pandemic has brought so many different concerns to the forefront for employers, whether it be business owners or executive directors, such as PPP Loans, SBA EIDL loans, CARES Act tax credits, unemployment insurance reimbursements and frankly, just keeping...
HHS Provider Relief Fund Reporting Update
Sep 22, 2020
Pursuant to the CARES Act passed in March 2020 and augmented by the Health Care Enhancement Act, the department of Health and Human Services (HHS) made certain relief funding available to healthcare providers to assist in response to the COVID-19 Pandemic and the to...
Accounting for Unemployment for Self-Insured Nonprofit Organizations
Sep 15, 2020
The Coronavirus Aid, Relief and Economic Security (“CARES”) Act was signed into law on March 27, 2020, to mitigate the effects of the coronavirus pandemic on businesses, including nonprofit organizations. For nonprofit organizations that have opted out of the State...
Automating your Business Functions
Sep 15, 2020
2020 has been a relentless year of change so far for businesses across all industries. The abrupt “pause” in March experienced by New York businesses was rather disruptive, as no one expected a once in a century pandemic to shutdown day-to-day life not just locally...