Businesses and Non-Profits May Need to Complete New SBA Loan Necessity Questionnaire If your business or nonprofit borrowed $2 million or more under the Paycheck Protection Program (PPP), be aware that the Small Business Administration (SBA) has released a Loan Necessity Questionnaire that borrowers may be required to complete as…

On October 1, 2020, the Alabama Department of Revenue (ADOR) officially alerted Alabama taxpayers of a new annual renewal requirement for certain ADOR-issued sales and use tax licensing. For the first time, Alabama taxpayers holding any of the following ADOR-issued licenses must renew that license between November 1, 2020 and December…

As our firm looks to assist individuals and business owners with 2020 year-end tax planning strategies, it would be shortsighted to ignore the potential tax impact from the upcoming presidential election.  The candidates have expressed starkly different positions on such issues as the COVID-19 pandemic, health care, the environment and…

The President has approved the request by Florida Governor Ron DeSantis in the wake of hurricane Sally for a FEMA Disaster Declaration for Individual Assistance.  The declaration allows anyone in Pensacola and greater Escambia County impacted by Hurricane Sally access to critical FEMA programs, including housing assistance, crisis counseling, disaster…