What happens when an entity derives income from doing business in multiple states?
Do businesses owned by large companies with adequate sources of liquidity to support the business’s ongoing operations qualify for a PPP loan?
Members join clubs for a variety of reasons, including golf, entertainment and networking, and in doing so, they become part of a close-knit community.
The historic $2.2 Trillion CARES Act was signed into law late-afternoon on Friday, March 27. Just one week later, on Friday, April 3, banks began accepting Paycheck Protection Program (“PPP”) applications for businesses with employees.
On Thursday evening, April 30, 2020, the IRS released guidance advising taxpayers that expenses paid using Paycheck Protection Loan proceeds will not be tax-deductible.
Many government contractors start with firm-fixed-price contracts and do well, but at some point they are lured by the possibility of being awarded a cost-type fixed-fee contract that is too tempting to pass up.
PBMares and Associated General Contractors (AGC) of Virginia teamed up on April 28, 2020, to provide insights and practical next steps as you navigate the COVID-19 crisis.