Paycheck Protection Program Flexibility Act of 2020: Correction to Some of the Restrictions to PPP Relief The House is reported to vote next week on the bipartisan “Paycheck Protection Program Flexibility Act of 2020” to correct some of the flaws in the original Paycheck Protection Program (PPP). Many small businesses
Technology is constantly evolving, and as a business, you must be ready to adapt to stay ahead of your competitors. In recent years, the Wholesale and Distribution industries have benefited greatly from the development of special technology that can increase productivity and customer experience. Many distributors see the opportunity to
With the passage of the One Big Beautiful Bill Act (OBBBA), many taxpayers—especially those in hospitality, healthcare, manufacturing, and construction—are asking: How does this impact tips and overtime pay? The short answer: OBBBA introduces two major “above-the-line” deductions, one for qualified tips and one for qualified overtime
Three months into a construction project, stakeholders inevitably want to know whether the project remains on track. Instead of scrambling through spreadsheets and making assumptions, successful contractors rely on a single graph that tells the entire story. This is the power of S-curve analysis in construction project management. Understanding S-curve
“Helping our clients develop sound financial plans that enable them to grow and prosper is an important part of the work we do at Barnes Dennig. We’re committed to offering proactive, strategic advice that contributes to our clients’ success and makes their lives easier.” Jay’s clients rely on his strategic
At Barnes Dennig, we understand that pursuing a SOC report isn’t entirely about compliance, but rather about supporting your business goals, meeting your customers’ expectations, and building trust. It shows stakeholders how your controls perform in practice and keeps the process clear for your team. Focused on your time and
The cybersecurity landscape is a complex world of acronyms, audits, and certifications. For service organizations, the SOC 2 report is a significant milestone, but achieving it can be a significant drain on time and resources. This is where Governance, Risk, and Compliance (GRC) tools come in. These solutions try to
Leading consulting and investment banking firm for contractors, FMI, has released their second quarter of 2023 edition of the North American Engineering and Construction Outlook. The thirty-page report is available in full at FMI’s website, but some key takeaways from the report include: Engineering and construction total spending is forecast
The passing of the “One Big Beautiful Bill Act” (OBBBA) will have a significant impact on individuals, with some of the most important changes affecting itemized deductions. As tax policy continues to evolve, understanding the ripple effects on individual and business planning is critical. The provisions below reflect some of
Securing a federal contract can create important opportunities for small businesses, providing steady revenue and potential for growth. Before you can pursue this work, your business must meet several key requirements established by the U.S. Small Business Administration (SBA). Understanding these basics will help you prepare and position your company
The Employee Benefits Security Administration (EBSA) issued a disaster relief notice during 2020 that gave relief to plans that had participant payments and withholdings that were not made within prescribed timeframes if those delays were solely attributable to the COVID-19 pandemic. The relief period began on March 1, 2020 and
Forbes Magazine has named Barnes Dennig a 2021 Top Recommended Tax and Accounting Firm in America – one of only 172 firms across the country to be a recommended firm in both categories. Forbes partnered with research company Statista to conduct an independent survey and online access panel of thousands