This article discusses how the coronavirus has impacted the business world on a number of levels including raising questions around Goodwill and long-lived assets. Whether it is trying to sort through Goodwill testing or estimated values for...
More InfoAre Dividends Becoming a Luxury During the Coronavirus Pandemic?
According to the futures market, Chicago Mercantile Exchange contracts are forecasting a drop of 27 percent in dividends over 24 months for the S&P 500 index. Dividends are projected to fall to $42.05 in 2021, a drop from 2020’s dividend of...
More InfoHow IT Spending Will Change When Business Resumes
Most states are starting to relax stay-at-home restrictions. As such, businesses are developing plans for bringing employees back to work. Many businesses are already affected by the pandemic and their future looks grim. Specifically, we are...
More InfoHow to Stay Productive When Working from Home
Due to the unprecedented effects of COVID-19, the line between our professional and personal lives has blurred. Trying to take care of job responsibilities from home requires new ways of navigating. Here are a few ideas to help you become more...
More InfoHeightened Hacking as Corona Pandemic Worsens; How to Avoid Being a Victim
Since the escalation of COVID-19 cases, malicious activity from cybercriminals is also on the rise. Hackers are taking advantage of the coronavirus fear to carry out attacks. They are creating websites that claim to have cures for the virus and...
More InfoCole Gavlas Announces New Bookkeeper
Cole Gavlas, PC, is pleased to announce the addition of Sharon Reder to their professional team. Reder joins the firm as a bookkeeper. She specializes in performing payroll and accounts payable services. She brings with her more than three...
More InfoThe Future of Customer Service Agents Working from Home
As the country and even the world shift their attention to the seeming long-lasting impact of the Coronavirus, updates appear to be coming out each day. Whether the impact is on a global, national, or individual industry level, this pandemic is...
More InfoSenate Passes Paycheck Protection Flexibility Act
On Wednesday night, the Senate voted unanimously in favor of the Paycheck Protection Flexibility Act. This new legislation makes key adjustments to the timeline for spending Paycheck Protection Program (PPP) funds and revises how loan recipients...
More InfoNew Guidance Regarding PPP Loan Forgiveness
On May 22, the Small Business Administration (SBA), in conjunction with the U.S. Treasury, released additional guidance for recipients of loans through the Paycheck Protection Program (PPP). A recent article from the Journal of Accountancy...
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