New Proposed Regulations for UBTI Will Impact Private Clubs

How could a change in the tax law passed in 2017 have a substantial impact on clubs today? Given the recent business disruptions caused by the coronavirus, unrelated business income might not seem like a big deal.

2020-04-30T12:57:59-04:00April 30, 2020|Categories: Hospitality, Private Clubs|Tags: , , , |

Still Hoping for PPP or EIDL Funds? There May Be More on the Way!

On Tuesday, April 21, the Paycheck Protection Program and Health Care Enhancement Act was announced. This legislation is aimed at providing a new round of funding to small-business measures, which had appropriations lapse last week.

What Taxable Clubs Should Know About the CARES Act

Springtime normally signals the start of the busy season for country clubs. Golfers eager to take advantage of nicer weather and club members who enjoy other facility amenities will have to wait longer.

Manage Third Party Risk with a SOC 2 Audit

Business owners and executives are familiar with the concept of risk management. From managing inventory levels to reviewing insurance coverage to maintain a proper level of protection, it’s a routine business practice

2020-04-22T09:38:32-04:00April 21, 2020|Categories: Audit & Assurance, Consulting, Cybersecurity|Tags: , |

Navigating the Crisis: Essential Next Steps

Please join us for the last webinar in our COVD-19 Series, Navigating the Crisis: Essential Next Steps. In this webinar, our team will provide the mission-critical next steps you must take to gain your footing in this uncertain environment.

2020-04-23T14:05:57-04:00April 18, 2020|Categories: COVID Federal & State Updates, PBMares COVID-19 Insights|

Lapsed Appropriations for Paycheck Protection Program Loans

On Thursday, April 16, the Small Business Association stopped accepting new applications for the Paycheck Protection Program due to a lapse in appropriated funds. 

IRS Extends Timeline to Invest in Qualified Opportunity Funds

Source: RSM US LLP.  PBMares is a member of RSM US Alliance.  Notice 2020-23 automatically extends the timeline for investing in a Qualified Opportunity Fund (QOF) in light of the COVID-19 public health emergency.

Main Street Lending Act Provides Financial Relief to Mid-Size Companies

There are around 40,000 mid-size businesses employing 35 million Americans, but as of yet, financial relief measures have been targeted to small businesses and self-employed individuals.

2020-04-17T16:08:04-04:00April 16, 2020|Categories: Business Advisory, PBMares COVID-19 Insights|Tags: , |

Webinar – Business Continuity During Challenging Times

Please join us on Wednesday, April 15th from 12:00 pm – 1:15 pm ET for the third in our webinar series, Business Continuity During Challenging Times.

2020-04-16T13:04:34-04:00April 13, 2020|Categories: COVID-19 Business Resources, PBMares COVID-19 Insights|