|
|
A Message From Our Managing Partner
|
|
|
Like all of you, we at HTB are monitoring the developments surrounding COVID-19 and evaluating how we can continue to best serve and protect our employees, communities and clients. Everyone at HTB is committed to providing our clients with uninterrupted, high-quality client service in the safest environment possible as we gradually begin to transition back to the office. My wish is for you all to remain safe and healthy as we personally and professionally try to adapt our lives and businesses during these challenging times.
As it stands today, we are open with our staff gradually phasing back into the office. HTB continues to offer the exact same services; however, to respect social distancing, meetings will continue to be conducted via video/audio conferencing so that we may continue to serve you. In the past few weeks our Partners and staff have responded to these significant adjustments in exactly the way we expected – with hard work and empathy for one another, and with fortitude and resilience. This has made our conversion to a remote work environment something we accomplished quickly and seamlessly.
The COVID-19 emergency is creating unprecedented challenges for many businesses, and navigating the impact of legislative changes and regulatory relief measures often requires a different level of support.
You may have questions or concerns about the markets and how recent volatility is affecting progress toward your business goals. Our Partners and staff are here to listen and provide perspective to help you and your business through this time of uncertainty. For most companies, as well as individuals, properly managing cashflow is a significant challenge, and we remain available to advise you.
Additionally, we have created a special section on our website, COVID 19 Resources For Businesses, to stay abreast of the latest updates/changes to legislation in reaction to the COVID-19 pandemic. These articles provide guidance on this ever-changing situation. We will continue to closely monitor the situation, and keep you updated on any changes impacting you and your business. You can also follow these updates via our Linkedin or Facebook pages. As always, we are eager to work with you throughout this process and stand ready to help.
We are mindful of the growing number of people who are impacted directly by the Coronavirus. Our sincerest hope is that you remain safe and healthy. As always, we thank you for your trust as we work through this most challenging period.
Monica L. Zumo, CPA, CGMA
Managing Partner
|
|
|
|
|
|
|
Payroll Protection Program – Loan Forgiveness
|
|
|
As part of the Nation’s response to the economic impacts of COVID-19, the Payroll Protection Program (PPP) was enacted as part of the CARES Act, which provided $350 billion in loans to assist businesses with payroll, rent, interest, and utilities payments. If used for eligible payroll costs and other expenses, the loans can be completely forgiven. Read more about loan forgiveness here.
|
By: Bradley J. Tate, JD, LLM, Senior Manager
|
|
Advisory Minute – Survive, Pivot – Adapt , Thrive
|
|
|
|
|
|
|
|