Stambaugh Ness continues to monitor all PPP-related topics in order to provide you with the most accurate and appropriate guidance.
The Right Expertise to Meet Your PPP Forgiveness Needs
For businesses that have been approved to receive or have already received funds, the next question to ask is how will you calculate your loan forgiveness. The benefits of PPP loan forgiveness are too important to risk mistakes being made. We can help you navigate the compliance requirements of the loan forgiveness program. SN has team members available to take this burden off of you so you can spend more time running your business.
Whether you need assistance with rationale and documentation of your PPP eligibility, perform the calculation for loan forgiveness and compiling supporting documentation, guidance on the maximization of PPP funding, or develop future cash inflows and outflows, SN is ready to help.
Please reach out to us with any questions or concerns as we navigate this situation together.
We're Here to Help...
Technology Management
COVID-19 has created an unusual work environment with many technology-related challenges. If these tech stressors are distracting your team or hampering productivity or you want to improve both your current remote workforce and proactively plan for an increase in remote workers, let us help you navigate the process to ensure security and efficiency for your business and employees.SN's available COVID-19 technology services include assessment of needs due to an increase in a remote workforce; evaluation of a heightened security risk due to a remote workforce; need for employee training; update or establish remote workforce policies and procedures
Contact: Phil Keeney
Workforce Management
Over the past few weeks, the workforce has changed dramatically and businesses are facing a number of new challenges. SN's Workforce Advisory team is fully versed in COVID-19 employee compliance, as well as guidance on how to handle employee-related issues. Let us know how we can help mitigate the stress of this unprecedented time for our workforce.SN's available COVID-19 workforce services include unemployment advisory; Employee Communication - handling difficult conversations; Payroll Advisory - Employee Retention Tax Credit, Emergency Paid Leave, Emergency Family Medical Leave; Social Security tax payment deferrals; revised Form 941 filings commencing with Q2 of 2020.
Contact: Kristi Weierbach, Ph.D., SPHR, SHRM-SCP
Tax Savings & Cash Flow Considerations
Cash flow has been elevated to a high or even critical level of concern for many organizations. SN's strategic tax advisory experts can assist you in identifying opportunities to leverage tax planning and cash flow generators to boost your organization.SN's available COVID-19 cash flow services include R&D Tax Credit Opportunities; tax planning - PPP loan forgiveness, along with non-deductibility of related expenses and state income tax considerations; Net Operating Loss (NOL) additional years for carryback; QIP and depreciation analysis.
Contact: Tom Moul, CPA
Staying Up to Date
In response to the pandemic event of 2020 and subsequent PPP regulations, SN’s team of experts is committed to providing the most up to date information and guidance for companies as they continue to navigate this complex situation.
Our PPP-related webinars are available on-demand as resources for your organization, as well as our library of informational blogs.
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