Manage Your Federal Grant Costs During COVID-19

By Rebecca Field Principal CliftonLarsonAllen Email T. 612.397.3053 Key insights In response to the pandemic, the OMB has issued a series of memorandums that could affect your grant compliance program. OMB memos give fund recipients the flexibility to charge salaries, benefits, and other eligible costs to the federal award. CLA can help you navigate the…

Read More

Can You Defer CFAP Income?

By Paul Neiffer CliftonLarsonAllen Walla Walla, Washington Email T. 509.823.2920 Farmers may be allowed to defer crop insurance income for one year when the farmer suffer damages, . However, certain steps must be met as follows: The farmer is on the cash method of accounting (about 99+% of farmers use the cash method); The farmer typically…

Read More

Naples’ Shelly Church of Raymond James Honored for Charitable Work with American Heart Association

Naples, FL – July 29, 2020 – Shelly Church, CFP®, Senior Vice President, Investments at Raymond James & Associates in Naples, received Honorable Mention in the 14th Annual Invest in Others Awards for her philanthropic contributions to American Heart Association. The Invest in Others Charitable Foundation established its awards program to recognize the charitable work…

Read More

Small Businesses Support Enhanced Unemployment Benefits to Drive Consumer Demand

Statement by Anne Zimmerman, Co-chair of Small Business for America’s Future and a small business CPA, about Senate Republicans’ $1 trillion relief package released today Washington, D.C., July 27, 2020—It’s dismaying that Senate Republicans are opening their negotiations for the next Covid-19 relief package, the HEALS Act, with a proposal that dramatically slashes unemployment benefits for laid-off…

Read More

A Comprehensive Small Business Agenda for the Lengthening Pandemic

By The Main Street Alliance Email T. 303.868.9600 With COVID-19 on the rise in most states, and federal support for both small businesses and workers coming to an end, we are headed into a dramatically expanding fiscal crisis that has the potential to cause massive bankruptcies, permanent closures and decimation of Main Street small businesses.…

Read More

Is an Economic Injury Disaster Loan Right For You?

By Richard Tower and Janna Rust and Karen Blacik and Karen Gries – CliftonLarsonAllen Email Key insights When PPP funds run out, EIDL loans serve as another viable option for small businesses and other organizations. The EIDL program provides an opportunity for other types of 501(c) organizations to obtain critical funding resources. If you’re interested…

Read More

Priority Marketing named to PRNEWS’ inaugural Agency Elite Top 100

Southwest Florida marketing firm listed among top agencies in the U.S. FORT MYERS, Fla. (Aug. 20, 2020) – Priority Marketing, a full-service marketing, advertising, public relations and digital marketing agency, has been named to PRNEWS’ Agency Elite Top 100. The inaugural list spotlights the nation’s most innovative and strategic public relations firms of the year.…

Read More

10-Point Thrival Plan for Small Business Resilience & Recovery

You’re in the midst of uncertainly, and the current market conditions present a genuine challenge for some small businesses. Sign up for this email series and get ten (10) crises-thriving techniques that can make a critical difference in sustaining your resiliency and recovering on the upside of a crisis. Sign up for the Email Series

Read More

Enhance Oversight to Increase the Impact of COVID-19 Relief Funds

By Jason Venner Director CliftonLarsonAllen Email T. 571.227.9518 Key insights OIG and internal audit offices can play a pivotal role in protecting COVID-19 relief funds and increasing their impact. Cybersecurity and fraud risks are increasing, and funds are being wasted as key programs are disrupted. CLA can help you immediately address these issues through a…

Read More

New Loan Forgiveness Applications for Paycheck Protection Program

By Rick Krueger Principal CliftonLarsonAllen Email T. 414.721.7577 Key insights The SBA updated the loan forgiveness application and issued a new Interim Final Rule (IFR) to incorporate more of the Paycheck Protection Program Flexibility Act of 2020. New Form 3508EZ is available for borrowers who meet certain criteria. The application and IFR provide some key information for borrowers about how the PPP…

Read More