By Brandon Mack
The International Business Brokers Association (IBBA) and M&A Source have recently published their fourth-quarter market research for 2020. The report is a statistical analysis of 363 respondents who answered this quarter’s 25 question survey. This is the second of a three-p ...
By Brandon Mack
The International Business Brokers Association (IBBA) and M&A Source have recently published their fourth-quarter market research for 2020. The report is a statistical analysis of 363 respondents who answered this quarter’s 25 question survey. This is the first of a three-pa ...
While this has been in limbo for a few days, it was signed into law this evening. Below is a summary of the benefits for business owners, PPP borrowers, buyers, and sellers. I won’t attempt to cover the many other facets (unemployment benefits, stimulus checks, funds for vaccinations, etc.) th ...
Great article by Monty Walker, as posted by the M&A Source on accounting for and recasting PPP Forgiveness:
THE IMPACT OF A PPP LOAN ON RECASTING
A key point regarding a PPP Loan is that it is a loan. When the Borrower receives the loan, the proceeds should be recorded on the Balance Sheet ...
By Ron Buck, Regional Director, Murphy Business & Financial - Carolinas
If you are considering selling your company in 2021, back by popular demand are five (and a half) things you should be doing (or not doing as the case may be) between now and year-end, as well as over the next few months. ...
By Brandon Mack
The International Business Brokers Association (IBBA) and M&A Source have recently published their third-quarter market research for 2020. The report is a statistical analysis of 352 respondents who answered this quarter’s 25 question survey. This is the final of a three-par ...
By Brandon Mack
The International Business Brokers Association (IBBA) and M&A Source have recently published their third-quarter market research for 2020. The report is a statistical analysis of 352 respondents who answered this quarter’s 25 question survey. This is the second of a three-pa ...
By Brandon Mack
The International Business Brokers Association (IBBA) and M&A Source have recently published their third-quarter market research for 2020. The report is a statistical analysis of 352 respondents who answered this quarter’s 25 question survey. This is the first of a three-par ...
By Brandon Mack
The International Business Brokers Association (IBBA) and M&A Source have recently published their second-quarter market research for 2020. The report is a statistical analysis of 361 respondents who answered this quarter’s 25 question survey. This is the final of a three-pa ...
By Brandon Mack
The International Business Brokers Association (IBBA) and M&A Source have recently published their second-quarter market research for 2020. The report is a statistical analysis of 361 respondents who answered this quarter’s 25 question survey. This is the second of a three-p ...
By Brandon Mack
The International Business Brokers Association (IBBA) and M&A Source have recently published their second-quarter market research for 2020. The report is a statistical analysis of 361 respondents who answered this quarter’s 25 question survey. This is the first of a three-pa ...
Yesterday, Treasury posted two new forgiveness applications: a revised version of the longer form and a new EZ form. Linked below are both the applications and the instructions (which are pretty helpful in navigating the ins and outs of the program). The new applications take into account the ...
While many have been appreciative of the PPP, some businesses are struggling with some of the forgiveness requirements. The PPP Flexibility Act (HR 7010 -- Amendment to CARES and PPP SIGNED 060520) signed into law on Friday resolves some of those issues as summarized below (summary courtesy of Zac ...
Last Friday, the SBA/Treasury issued an Interim Final Rule (gotta love the oxymoron of just the name of this document) for "Requirements – Loan Forgiveness", linked for your reference.
Some of the topics that you might find of interest:
2. Loan Forgiveness Process - What is the general proce ...
The SBA recently released (5/15) the first version of the PPP forgiveness application (linked below). There are certainly going to be tweaks to it going forward, but it does provide specific guidance and calculations for a number of open issues such as: alternative payroll periods, paid vs. incu ...
Hopefully at this point you have received your PPP funds if you applied for them (if still waiting, there are a few banks still taking applications, let me know). And now you are wondering about the forgiveness side of the equation and how the heck do we account for the funds received and hopefull ...
By Brandon Mack
The International Business Brokers Association (IBBA) and M&A Source have recently published their first quarter market research for 2020. The report is a statistical analysis of 416 respondents who answered this quarter’s 25 question survey. This is the final of a three-par ...
By Brandon Mack
The International Business Brokers Association (IBBA) and M&A Source have recently published their first quarter market research for 2020. The report is a statistical analysis of 416 respondents who answered this quarter’s 25 question survey. This is the second of a three-pa ...