Strategic Planning for Wholesalers & Distributors in the COVID-19 Era
It’s safe to say that the challenges your business faced at the end of 2019 were very different than the challenges your business faces today. COVID-19 is unlike anything most of us have ever experienced, and it has brought new challenges to your business as we’re all forced to change
Tax Implications of the CARES Act for Manufacturers
Estimated at over $2.2 trillion, the Coronavirus Aid, Relief, and Economic Security (CARES) Act of 2020 is the single most expensive legislation in U.S. history. The CARES Act was implemented rather quickly when it was signed into law by President Trump in March of 2020. It was intended to provide
Executive Orders Target Economic Relief as HEALS Act Delays Continue
President Trump announced four pandemic relief executive orders on August 8, 2020 in response to the lack of progress by Congress in passing the Health, Economic Assistance, Liability Protection, and Schools (HEALS) Act. While whether the President has the authority to change federal taxes and extend federal spending without Congressional
How COVID-19 Has Impacted Distributors: Pandemic Revenue Index
Weekly Pandemic Revenue Index (PRI) COVID-19 has impacted every distribution company across all sectors of business. In this blog post, we will look at how distributor’s revenue has changed year-over-year and the impact COVID-19 has had on 2020 sales. Indian River Consulting Group (IRCG) has been tracking distributor revenue throughout
SBA Opens PPP Loan Forgiveness Application Portal August 10
The Small Business Association (SBA) will accepting PPP loan forgiveness applications submitted by lenders on its portal beginning August 10, 2020. The portal’s opening date is subject to extension if Congress makes changes to the loan forgiveness process, and current legislation is being considered for automatic forgiveness of PPP loans
When Should I Apply for PPP Loan Forgiveness?
Get Ready, But Be Patient “When should I apply for PPP loan forgiveness?” That’s a question many anxious borrowers are asking themselves, and wondering if now is the right time, or if they’d be better off waiting. In this particular instance, the age-old saying of “hurry up and wait” may