Jun 2, 2020 | Business Planning, Closely Held Business, Coronavirus Updates, Coronavirus Updates, Employee Benefit Plans, Government Contracting, MCB Happenings, Not-for-Profit, Private Equity-SBICs and Venture Capital, Real Estate
On June 2, MCB principals Jude Covas, Matt Dwyer, Phil Busenitz and Cindi Park presented a webinar for clients seeking information about how to maximize Paycheck Protection Program loan forgiveness. The principals reviewed the forgiveness application in detail, and...
May 26, 2020 | Business Planning, Closely Held Business, Coronavirus Updates, Coronavirus Updates, Employee Benefit Plans, Government Contracting, Not-for-Profit, Private Equity-SBICs and Venture Capital, Tax News
June 3 Update: Senate Approved Paycheck Protection Program Flexibility Act of 2020; President Trump Expected to Sign. As a follow-up to the May 15 release of the PPP loan forgiveness application, the SBA and Treasury released two more interim final rules (IFRs) on May...
May 26, 2020 | Business Planning, Closely Held Business, Coronavirus Updates, Coronavirus Updates, Employee Benefit Plans, Government Contracting, Medical Practices, Not-for-Profit, Private Equity-SBICs and Venture Capital, Tax News
What exactly is the medical loss ratio? It’s a calculation the Affordable Care Act imposed on insurance companies. In brief, the MLR requires individual and small-group carriers to spend at least 80% of premiums on medical expenses; large-group plans must spend...
May 21, 2020 | Business Planning, Closely Held Business, Coronavirus Updates, Coronavirus Updates, Employee Benefit Plans, Government Contracting, Not-for-Profit, Private Equity-SBICs and Venture Capital
In early May, the Equal Employment Opportunity Commission published extensive guidance for employers and employees on how various laws and regulations apply to the pandemic. Below are some highlights, but it’s a good idea to review the entire page. Can an...
May 20, 2020 | Business Planning, Closely Held Business, Coronavirus Updates, Coronavirus Updates, Employee Benefit Plans, Government Contracting, Not-for-Profit, Private Equity-SBICs and Venture Capital, Tax News
You may have been one of the businesses that pounced on the hastily assembled Paycheck Protection Program in hopes of getting a loan. Many businesses succeeded, but some did not, and it’s not always clear why. If you didn’t, here are some clues why. Your...
May 19, 2020 | Business Planning, Closely Held Business, Coronavirus Updates, Coronavirus Updates, Employee Benefit Plans, Government Contracting, Not-for-Profit, Uncategorized
No, there is no universal lifting of restrictions, but the CDC is looking forward to a time when businesses can slowly start reopening. As the CDC explains: “It’s important to continue to follow federal, state, tribal, territorial, and local guidance for...