Operations Management

State Tax Advisory: Renew ADOR-issued Sales and Use Tax Licensing Annually (From Now On)

By | News, Operations Management, Small Business Consulting Services, Tax Planning | No Comments

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…

Read More

Pensacola, FL Disaster Relief Resources and Small Business Consulting Services

By | News, Operations Management, Tax Planning | No Comments

As our Pensacola business community begins to assess the flooding-related damage from Hurricane Sally, the demand for available resources capable of providing capital, advice and disaster relief services has become a hot topic of discussion—and a source of some confusion and frustration. On the federal level, Florida Governor Ron DeSantis…

Read More

R&D Tax Credits Improve Liquidity for More Businesses

By | Accounting and Advisory, News, Operations Management | No Comments

Could you use some additional cash flow in your business? We thought so. Recent global events have certainly incentivized many tax decision-makers to prioritize tax planning that can increase cash and enhance overall business liquidity. This could mean a renewed focus on research and development credits (R&D credits). Specifically, more…

Read More

SBA Releases PPP Loan Forgiveness Application & Instructions

By | Accounting and Advisory, News, Operations Management | No Comments

The U.S. Small Business Administration (SBA) has released the “Paycheck Protection Program Loan Forgiveness Application,” which contains information on PPP Loan forgiveness along with instructions for completing the application form. The SBA said its form and instructions are designed to reduce compliance burdens and simplify the process for borrowers. The…

Read More

PPP Loan Repayment Deadline Extended – FAQs About Forgiveness

By | Accounting and Advisory, News, Operations Management | No Comments

We have provided an update to the “economic uncertainty” language and the good-faith certification.  Read More. The U.S. Treasury Department and the SBA are issuing new guidance on eligibility and use of Paycheck Protection Program loan funds under the CARES Act. However, their determination of ‘economic uncertainty’ and the ‘good…

Read More