COVID-19 Business Recovery

One of the biggest areas of the Coronavirus Aid, Relief, and Economic Security (CARES) Act that benefits businesses is the Paycheck Protection Program (PPP). With big benefits come many questions around one detail specifically: PPP loan forgiveness. Our CARES Act Team is here to help streamline the processes through each phase:

• Planning to Maximize Loan Forgiveness
• Expense Tracking and Record Keeping
• Applying for Loan Forgiveness
• SBA Audit Support for Loans Over $2 Million

We take a personalized approach to provide the best service possible. Fees are calculated on an hourly basis, dependent on the size of the loan and amount of effort handled by Anders. To discuss your specific situation, contact Anders or reach out directly to:

Daniel K. Schindler, CPA
Senior Manager + Tax
314-655-0194
dschindler@anderscpa.com

Dave M. Finklang, CPA/CGMA, MBA
Partner + Tax
314-655-5566
dfinklang@anderscpa.com 

The Coronavirus Aid, Relief, and Economic Security (CARES) Act offers a variety of funding options for businesses recovering from the economic affects of COVID-19. Anders is knowledgeable and experienced in working with these programs and can provide assistance and insights throughout the process, from submitting the application to using the funds most effectively. We work with businesses to decide which incentive works best for them, including:

• Economic Injury Disaster Loans
• Main Street Lending Program
• Employee Retention Tax Credit Program

We take a personalized approach to provide the best service possible. Fees are calculated on an hourly basis, dependent on the size of the loan and amount of effort handled by Anders. To discuss your specific situation, contact Anders or reach out directly to:

Paul C. Rhea
Director + Strategic Growth
314-474-0730
prhea@anderscpa.com

With financial strain on businesses as a result of COVID-19, business owners and leadership teams need to not only focus on revenues and reducing costs, but they need to concentrate on the balance sheet to optimize cash and maintain liquidity. Anders works with businesses on a variety of cash flow forecasting strategies, including:

• Accounts Payable and Receivable Review
• Terms and Agreements Review
• Inventory Level Analysis
• Staffing Analysis
• Capital Investment Strategies
• Custom Cash Flow Forecasting

We take a personalized approach to provide the best service possible. To discuss your specific situation, contact Anders or reach out directly to:

Scott A. Hoffmann, CPA
Partner and Director + Outsourced Accounting
314-655-0221
shoffmann@anderscpa.com

Reviewing your debt and capital structure is a critical part of a good recovery strategy coming out of a crisis. Anders works with businesses to evaluate current working capital and investment capital requirements against current debt structures to identify opportunities to restructure debt and increase capital.

• Debt and Capital Restructuring
• Evaluation of Debt Providers
• Forgiveness Application
• Loan Review

We take a personalized approach to provide the best service possible. To discuss your specific situation, contact Anders or reach out directly to:

Paul C. Rhea
Director + Strategic Growth
314-474-0730
prhea@anderscpa.com       

Mark H. Cummings
Partner + Audit and Assurance
314-474-0718
mcummings@anderscpa.com   

Now more than ever, businesses need to adapt their technology to focus on what the future looks like for their company. Whether it’s a mixed remote/in-office workforce transition or deciding between software needs, Anders can assess your technology environment and develop a strategy to help reach your goals. Our technology services include:

• Ongoing Managed Services
• Technology Assessments
• Technology Selection Implementation

We take a personalized approach to provide the best service possible. To discuss your specific situation, contact Anders or reach out directly to: 

Jason N. Gotway
Solutions Architect + Technology
314-655-5560
jgotway@anderscpa.com

Coming out of the pandemic, many business owners are wondering if now is the right time to sell, buy, expand or transfer ownership to next generation. Our advisors work with buyers and sellers to help sellers maximize business value and buyers navigate the right merger or acquisition. We offer a variety of M&A services, including:

• Buy and Sell Side Due Diligence
• Business Valuations
• Business Transition Planning

We take a personalized approach to provide the best service possible. To discuss your specific situation, contact Anders or reach out directly to:

Julie K. Hiblovic, CPA
Partner + Audit and Assurance
314-655-0169
jhiblovic@anderscpa.com

Brent E. McClure, CPA, MBA, CEPA
Principal + Tax
314-655-0153
bmcclure@anderscpa.com 

Identifying unique tax savings and CARES Act relief opportunities is more important than ever following a pandemic. From deciding how to structure your business to taking advantage of incentives for minimizing tax burden, Anders can work with you to develop a specialized tax planning strategy using:

• State and Local Tax Planning
• Sales and Use Tax Planning
• Tax Credits and Incentives
• Corporate Tax Planning
• CARES Act Tax Planning

We take a personalized approach to provide the best service possible. To discuss your specific situation, contact Anders or reach out directly to:

Daniel W. Mudd, CPA
Partner + Tax
314-655-5507
dmudd@anderscpa.com

Douglas D. Mueller, CPA/PFS
Partner and Director + Tax
314-655-5583
dmueller@anderscpa.com

Bouncing back from a crisis takes efficient business operations and strong internal controls. Through financial statement audits, reviews and compilations, our audit and assurance advisors can help you strengthen internal controls and identify areas to improve operations through:

• Audits, Reviews and Compilations of Financial Statements
• Developing and Testing Key Internal Controls
• Internal Control Assessment

We take a personalized approach to provide the best service possible. To discuss your specific situation, contact Anders or reach out directly to:

Mark G. Hinsen, CPA/CGMA
Partner and Director + Audit and Assurance
314-655-5537
mhinsen@anderscpa.com