Transitioning from Survival to Recovery

As you navigate this new business environment, leaders need the right guidance and direction to move forward. Tap into our customized tax, audit, accounting and business advisory solutions to help you recover from disruption and grow stronger. Contact a PBMares advisor today.

CORONAVIRUS (COVID-19) RESOURCE CENTER

RECENT INSIGHTS:

  • paycheck protection program update

EIDL Grants No Longer Reduce PPP Forgiveness

January 11, 2021|

The Economic Aid Act, which became law on December 27, 2020, made PPP loans fully forgivable regardless of EIDL grants received. Now, the SBA has issued guidance and new forgiveness forms removing the need for an EIDL reduction.

  • paycheck protection program

PPP Round 2 – What You Need to Know

January 8, 2021|

The Economic Aid Act, included in the 2021 Appropriations Act expanded the Paycheck Protection Program (“PPP”) to include second draw loans for hard-hit small businesses. Here's what you need to know to take advantage of this program.

  • home office deduction

Home Office Deduction Primer

January 7, 2021|

With the tax filing season just around the corner, I repeatedly hear the question, “can I deduct my home office?” The answer varies as the IRS has a more restrictive definition of the home office than those heard in ordinary conversation.

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