Covid-19 Guest Submissions

By Kristen Nelson Director of Marketing – Seamless – CliftonLarsonAllen T. 608.662.7657 Webinar Here : How to Navigate the After Effects of the US Stimulus Packages Amy Moore will be speaking at the European American Chamber of Commerce event on the U.S. stimulus packages. Topics include an update on the Paycheck Protection Program (PPP) and other funding…

By Susan Sabo, Financial Institutions Principal, CliftonLarsonAllen North Carolina – Email T. 704.816.8452 This blog is being posted on behalf of my colleague, Todd Sprang, principal in CLA’s financial institutions practice. On May 22, 2020, SBA and Treasury posted an interim final rule (“IFR”) to inform borrowers and lenders of SBA’s process for reviewing Paycheck Protection…

By Brian D’Orazio, Principal CliftonLarsonAllen Wealth Advisors, LLC – Email T. 303.265.7890 Key insights The COVID-19 pandemic has brought financial uncertainty Gaining clarity on your current financial situation can help you make informed decisions and help you gain peace of mind. Managing your financial well-being can be just as important as maintaining your physical health.…

By Patrick Neale & Associates –Email T. 239.642.1485 SBA Payroll Protection Program Forgiveness Application Greater Naples Chamber Back to Business Guide New CDC Guidelines There have been several significant updates on the COVID-19 recovery front in the last few days. SBA Payroll Protection Program Forgiveness Application One of the most important updates for businesses that…

By Markham Norton Mosteller Wright & Co., P.A. – Email 239.433.5554 On March 13, 2020, President Trump declared the Coronavirus (COVID-19), a national disaster under the Robert T. Stafford Disaster Relief and Emergency Assistance Act. By doing this, it unlocked the option for employers to utilize Section 139 of the Internal Revenue Code (IRC). Section…

By Jack Wert, Executive Director Naples, Marco Island, Everglades CVB It is gratifying to see that our community is slowly getting back to business. Our restaurants are now able to operate at 50% capacity in seating and our hotels are able to welcome guests back again. We have a long way to get back to…

By Rick Krueger, Principal CliftonLarsonAllen, Email T. 214.721.7577 Key insights On May 15, the SBA issued the long-awaited PPP loan forgiveness application and instructions. Most organizations should be able to include a full eight weeks’ worth of payroll and nonpayroll costs. We believe there is much to like about the new guidance — but we have…

By Paul Neiffer, Principal CliftonLarsonAllen – Walla Walla, Washington Email T. 509.823.2920 The USDA finally announced the details on the Coronavirus Food Assistance Program (CFAP) today.  Many farmers will appreciate the assistance whereas other farmers will be locked out of any assistance since they grow the wrong crop.   First, let’s review the payment and Adjusted…

By Lisa Horn, Manager CliftonLarsonAllen Appleton – Email T. 920.996.1468 Key insights Many business owners are juggling the need to keep their business running with the need to protect their team members. These leaders may need to make decisions that challenge their integrity and values. During times of uncertainty and confusion, be transparent with your…

By Paul Neiffer, Principal CliftonLarsonAllen – Walla Walla Washington –  Email – T. 509.823.2920 The application for PPP loan forgiveness requires each applicant to determine if their loan forgiveness is reduced by either: A reduction in average salary or wage of greater than 25%, or A reduction in Full-Time Equivalent employees (FTEs). This post will…