Small business owners across the country are confused by the details of the PPP. What the funds can be used for, how and when it will be forgiven and more. Our podcast guest for this episode is a CPA in Houston, Texas, Jon Czerwinski. Jon talks to us about some forgiveness details you need to know. We also discuss tax implications of the PPP funds, provide some clarification on rehiring employees and much more.
Today's podcast focuses on the PPP - what's happened so far, could there be a next round, how to handle the funds if you've received them and more. We revisit a past guest, Bart Caraway, the CEO of Third Coast Bank. Bart talks about the program to date and what could be coming next. We also visit with Ray Dobrosky, Employer Flexible's Controller. Ray focuses on what to do if you've received funds or have them coming. He touches on how the money can be used, how you should track it and more.
In this episode we talk with two extremely informative business owners in San Antonio, TX. Tom Cuthbert is a well-respected Vistage Master Chair. Tom is currently advising dozens of small business owners and CEO's on a wide range of topics from operations to sales & marketing to finance. Michael Girdley is a true entrepreneur who owns several different businesses and is an active investor in several more. Together we discuss some ways that small businesses can handle the current economic crisis as well as begin to navigate through it so they can not only survive, but thrive in the current environment and beyond.
In this episode we talk to a local, extremely knowledgeable banker (Bart Caraway, Third Coast Bank) about the very recently passed financial assistance programs: EIDL, PPP & CARES Act. Additionally, we open the mail bag to answer your questions around employee furloughs and more
The current COVID-19 crisis is forcing most businesses to a remote work environment. Employer Flexible has shifted to this model and we share some insight from our own experience as well as best practices from our clients.