[UPDATED 5/26/2020] The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) became law on Friday, March 27, 2020. In addition to expanded unemployment benefits and tax changes, the CARES Act includes the Paycheck Protection Program (PPP), a significant opportunity for small businesses, nonprofit organizations and sole proprietors that... Read more
Many small businesses have been approved for and now may have received loans through the Paycheck Protection Program (PPP). The PPP was created as part of the Coronavirus Aid, Relief and Economic Security Act (CARES Act), passed in April, 2020. The PPP loans may not have to be repaid... Read more
In this time of widespread uncertainty, the Department of Treasury and the Internal Revenue Service have attempted to calm some nerves by announcing the extension of several deadlines for both individuals and businesses. Below is a summary of the most recent changes published in Notice 2020-23. Extension of time... Read more
The staffing sector is seeing strong mergers and acquisitions activity these days. Staffing Industry Analysts reported that M&A activity was up 28% year-over-year in 2017 and indications are that 2018 was just as busy. Now might be a good time to consider selling your staffing business. But while buyers may... Read more
By Kevin J. Hedrick, CPA The first big tax deadline of the year is quickly approaching, and now that the new Tax Cuts and Jobs Act is in effect, many staffing company owners and finance officers need to know about the unique opportunities and liabilities—some obvious and some not-so-obvious—that... Read more
ATLANTA, GA—Kevin Hedrick, CPA, a partner in Williams Benator & Libby, LLP’s (WBL) Tax Planning & Compliance practice, has been elected Treasurer of the Board of Directors of the Georgia Staffing Association (GSA). GSA, a chapter of the American Staffing Association, provides members with resources, information, training and tools... Read more
