March 20, 2020 – the day taxpayers were granted an automatic filing extension to July 15, 2020; the day the 2020 tax filing season changed dramatically. It was also a wonderful day that gave me a minute to pause, take a deep breath, and be thankful for the many steady blessings I have in myContinue Reading
As businesses fight through the tough times created by the pandemic and government restrictions that impact their operations, it is imperative to be mindful of the situation your customers face, especially if you extend credit. This extension of credit can be as simple as shipping goods or providing services that are invoiced for payment afterContinue Reading
As has become a theme, late Friday night, the Small Business Administration (SBA) and the Treasury Department issued two sets of guidance relative to forgiveness of the Paycheck Protection Program (PPP) loan proceeds. In the first interim final rule, the agencies provide detailed answers on some of the forgiveness questions that have been plaguing borrowers,Continue Reading
Late on May 21, 2020, the U.S. Department of Health and Human Services (HHS) issued further updates to its Frequently Asked Questions (FAQs) regarding distributions from the Provider Relief Fund, as well as Rural Health Clinic (RHC) Terms and Conditions. HHS also issued Skilled Nursing Facility Relief Fund Payment Terms and Conditions earlier today. TheContinue Reading
On May 20, 2020, HHS issued a press release “reminding” eligible providers that they have until June 3, 2020, to accept the Terms and Conditions and submit their revenue information to support receiving additional payments from the Provider Relief Fund’s $50 billion General Distribution. Providers who automatically received a distribution from the second $20 billionContinue Reading
The Hamilton County Herald published “Learning from Best Serves Cunningham in Crisis,” an article discussing our new managing shareholder’s transition during the COVID-19 pandemic. Our president and managing shareholder, Mark Cunningham, shared how he did not expect to be faced with such complex decisions in the beginning of his new role. Mark described how workingContinue Reading
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