Listen: Predictive Financial Reporting Structures for Scale with Steve Mizrach

Group Practice Accelerator Podcast MiniEpisode featuring Steve Mizrach Predictive Financial Reporting Structures for Scale

You’ve all seen the same accounting presentation presented by a different CPA in another DSO conference 1,000 times. If you’re going to build and scale a business, you’ve got to understand how to predict outcomes that create positive ROI. In today’s MiniEpisode, Steven Mizrach joins us as we walk through some of the critical subject matter around…

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Highlights of New Federal Stimulus Package

As many of you have heard by now, last week Congress approved The Consolidated Appropriations Act, 2021  which provides emergency assistance and health care response for individuals, families and businesses as a result of the Coronavirus (COVID-19) pandemic. The Act expands the Paycheck Protection Program (PPP) established by the Coronavirus Aid, Relief, and Economic Security…

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Treasury Provides Guidance On Tax Ramifications of PPP Forgiveness

On November 19th, the US Treasury Department issued a Revenue Ruling 2020-27 reiterating  that expenses paid with PPP (Paycheck Protection Program) Loan proceeds that are forgiven will not be tax deductible. Additionally, the Ruling clarifies the tax treatment for Companies that intend to apply for loan forgiveness in either 2020 or 2021. The Ruling states…

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SBA Simplifies PPP Loan Forgiveness for Loans Under $50,000

Last week the SBA issued additional guidance for Companies that received PPP loans of $50,000 or less, whereby they would no longer be subject to the penalty provisions of the forgiveness calculation  for reductions in their FTE employee headcount as well as for salary and wage reductions for existing staff. This provides a substantial benefit…

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HHS Announces Over $4 Billion in Additional Relief Payments to Healthcare Providers Impacted by the Coronavirus Pandemic

On July 10, 2020 the U.S. Department of Health and Human Services (HHS), through the Health Resources and Services Administration (HRSA), announced approximately $3 billion in funding to hospitals serving a large percentage of vulnerable populations on thin margins and approximately $1 billion to specialty rural hospitals, urban hospitals with certain rural Medicare designations, and hospitals in…

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