PPP Loans and Financial Statements: What You Need to Know
As the year draws to a close, your thoughts might turn to preparing your financial statements. If you’ve received a Paycheck Protection Program (PPP) loan, however, you might wonder how [...]
Florida Lawmakers Reduce Retainage for State and Publicly Funded Projects
There’s good news for contractors working on state and public projects. Florida lawmakers recently passed a law limiting the amount of retainage that can be withheld on most construction projects. [...]
Calculating the Individual Recovery Rebate from the CARES Act
As part of the recently-passed massive Coronavirus Aid, Relief, and Economic Security (CARES) Act, taxpayers will receive a direct stimulus payment within the coming weeks. This one-time remittance is based [...]
Understanding the CARES Act: The Paycheck Protection Program
In what’s being called ‘Phase III’ of a stimulus plan that’s continually evolving in the fight against COVID-19, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was ratified on [...]
Florida Sales Tax Filing Extension
In response to the COVID-19 outbreak, the State of Florida Department of Revenue (DOR) recently issued Order of Emergency Waiver/Deviation #20-52-DOR-002 (Sales and Use Tax and Related Taxes) which extends [...]
Small Business Loans Available in the Wake of COVID-19
On March 16, 2020, Florida Governor Ron DeSantis activated the Florida Small Business Emergency Bridge Loan Program. This action will provide short-term, interest-free loans to small businesses that have been [...]