COVID-19 Business Recovery

The Paycheck Protection Program (PPP) and Economic Injury Disaster Loans (EIDL) provided much-needed relief to businesses throughout the pandemic. While we’re on the other side of obtaining funding and PPP loan forgiveness, the SBA and IRS have begun auditing recipients to ensure the funds were used correctly and identify instances of fraud.

We work with clients who have received PPP and EIDL funding on:

• Audit defense for SBA and IRS audits
• Understanding what you can and can’t do if you received EIDL funding

Keep an eye on our CARES Act Relief Radar for the latest clarifications around relief programs.

We take a personalized approach to provide the best service possible. Fees are calculated on an hourly basis, dependent on the complexity of your specific situation. Contact Anders to learn more.

The Employee Retention Tax Credit (ERTC or ERC) is gaining more and more attention as companies are discovering that they can amend their previously submitted 941s. Many businesses are being approached by consultants and told that they could receive substantial credits, even if they are not truly eligible.

If you have been approached about qualifying for the ERTC, we can help navigate your eligibility by:

• Completing a complementary ERTC eligibility assessment to see if you qualify under the rules of the IRS
• Applying for the credit if you qualify
• Understanding the impacts of potential IRS audits and consequences of applying if you don’t qualify

Keep an eye on our CARES Act Relief Radar for the latest clarifications around the ERTC and other relief programs.

We take a personalized approach to provide the best service possible. Fees are calculated on an hourly basis, dependent on the complexity of your specific situation. Contact Anders to learn more.

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

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

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.

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.

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.

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.