COVID-19 + Business Interruption — Part II: Proposed Federal Insurance Legislation

Brian Foltyn | April 27, 2020

As discussed in Part I of this article, one crucial topic on the future of your business may be whether you can file a successful insurance claim to recoup your losses. Read more from REDW Principal and Business Valuation Practice Leader Brian Foltyn here. Read More

Webinar: You Received a PPP Loan … Now What?

REDW LLC | April 23, 2020

You may have managed to secure a Payment Protection Plan (PPP) loan to keep your business and employees afloat as you navigate the Coronavirus Crisis. But do you know how to maximize the forgiveable aspects of loan, while at the same time avoiding potential pitfalls? Read more Read More

COVID-19 + Business Interruption

Brian Foltyn | April 20, 2020

Business interruption (“BI”) protection is typically included in commercial property insurance policies issued to millions of small businesses. In the wake of the COVID-19 crisis, businesses are starting to make claims under commercial property policies, however the insurance industry has made it clear that COVID-19 is not a cause of loss anticipated under the coverage... Read more. Read More

Paycheck Protection Program: Loan Applications Now Available

REDW LLC | April 6, 2020

Small businesses can now apply for loans under the Paycheck Protection Program (PPP) as part of the Federal CARES Act. Loans can be used to cover payroll costs, and most mortgage interest, rent, and utility costs. Read more. Read More

Families First Coronavirus Response Act (FFCRA) in Effect April 1

REDW LLC | April 1, 2020

Effective April 1, the Families First Coronavirus Response Act has become law, and new developments are moving quickly. The FFCRA provides employees with paid leave, for coronavirus purposes only, through two new laws... Read more. Read More

COVID-19: Secure Vulnerable Remote Work Environments Now

REDW LLC | March 26, 2020

Your health and finances are not the only thing currently at risk. With masses of employees working from home, cyber scams are on the rise and un-secure home network environments make companies vulnerable. REDW has some important security recommendations. Read more. Read More

REDW Update to COVID-19 Response

Steve Cogan | March 25, 2020

As the COVID-19 crisis accelerates and we, as a global community, continue to navigate these uncharted waters, REDW is implementing its own response plans that are currently focused on 3 key areas. Read more. Read More

Coronavirus Qualifies for SBA Economic Injury Disaster Loans

REDW LLC | March 23, 2020

If your state requests status as a “declared disaster area,” you may be eligible for an Economic Injury Disaster Loan up to $2 million, provided your small business suffers substantial economic injury as a result of COVID-19. Read more. Read More

New Relief and Grant Flexibility Under the Uniform Guidance

REDW LLC | March 23, 2020

The Office of Management and Budget (OMB) intends to provide agencies with additional grant flexibility to assist in the response to COVID-19. The new M-20-11 memo defines relief for administrative, financial management, and audit requirements under the Uniform Guidance. We have compiled some major highlights. Read more. Read More

Financial Reporting in the Age of Coronavirus

REDW LLC | March 23, 2020

CFOs should be prepared for an unpredictable year. Disruptions in the supply chain and stock market turmoil will affect the way audit preparation, writing of financial statements, audit fieldwork, and review processes are all conducted. Like other industries, those in financial reporting need to plan for the unknown. Read more. Read More