• Leading Through a Black Swan Event

    Last week, participants from around the globe participated in a Webinar sponsored by the World Business Forum featuring Jeff Immelt, Venture Partner, New Enterprise Associates (NEA) and former Chairman & CEO of General Electric (GE). Mr. Immelt led a global team of 300,000 people at GE for more than 16 years and led the organization […]

  • Analysis of Employee Retention Credit and Payroll Tax Deferral Provisions of the CARES Act (Sections 2301 and 2302)

    Employee Retention Credit for Employers Subject to Closure Due to Covid-19 Eligible Employers are allowed a credit against Applicable Employment Taxes each calendar quarter equal to 50% of Qualified Wages paid to each employee. Taxpayers who receive covered loans under the SBA Paycheck Protection Program (See previous H&W analysis of loan programs under the CARES […]

  • SBA Loan Programs Under the CARES Act

    New or Modified SBA Loan Programs under the Recently Enacted Coronavirus Aid, Relief, and Economic Security Act (CARES) The following new or modified loan programs under the CARES Act are administered by the SBA, through qualified SBA lenders.  As this is a new Act, rules and regulations will follow, along with anticipated published guidance and […]

  • How Today’s Crisis Can Create a Future Proofed Company

    A few years ago, I read Antifragile by Nassim Nicholas Taleb. While the author’s tone and style may not strike the right chord with all readers, I’m reminded once again of this fascinating and controversial book. His contrarian view on the business world was interesting reading then, but today, in light of the COVID-19 crisis, […]

  • Senate Proposed CARES Act (S. 3548)

    The White House and Senate have announced they’ve come to an agreement in terms of the Coronavirus Aid, Relief, and Economic Security (CARES) Act being negotiated in the Senate Finance Committee. This is a first step in the process, which will still require passage by both the full Senate and the House, before reaching the […]

  • Summary of Tax Relief Programs in the Face of Covid-19

    We hope you and your family are safe and healthy. We want to bring you the most relevant and accurate information, and as the news on tax relief has been evolving daily over this last week here is a summary of what we know now. We have included a summary below of certain tax relief […]

  • Tips for those Working Remotely

    As we, and so many other companies enter the second week of working from home, and many who have had to possibly embrace this model overnight, we offer you well wishes and some tips for working at home. 1. Create a stable workplace. If you do not have an extra room, carve out a spot […]

  • Families First Coronavirus Response Act

    *The situation is continually in flux, so please check back for the most up-to-date information*   On March 18, President Trump signed into law the Families First Coronavirus Response Act. While the Act contains provisions authorizing funds for relief programs, it also includes some significant provisions impacting middle-market businesses. These provisions generally apply to employers with fewer […]

  • Profitable Growth, Take 2: Gaining Measurable Results from a Waste Audit

    An efficient route to profitable growth for many businesses lies in a waste audit. As I shared in my previous article, profitable growth is achieved by eliminating waste and minimizing overspending within an organization. We covered the helpful DOWNTIME list of eight common types of waste and discussed why it’s worth pursuing both top-line and […]

  • Conducting a Waste Audit for Profitable Growth

    Most business owners look at profitability as a one-way street, as a simple equation where more revenue equals more profitability. While there’s some truth to that, there’s much more to consider. As business advisors and CPAs, at Haskell & White we spend our time buried in profit and loss statements. We’ve found that often, the […]