Blog

...don't navigate this season alone.The more we learn about the nuances of PPP forgiveness, EIDL regulations, the Employee Retention credit (an alternative, payroll-tax-specific way to save cash for your Dearborn and Detroit business) ... well, the more that we...

Are you tired of talking and thinking about the PPP? Because I'm tired of talking and thinking about the PPP.That said -- this program has been a lifesaver for a variety of my Dearborn and Detroit clients, and it has provided a great shot in the arm for others.And,...

There has been a lot of recent chatter about the PPP money, who got it, who didn't, and even if some Dearborn and Detroit companies should pay it back.Well, I have some thoughts on this for you today, but ultimately, you will have to be the one who makes this...

Well, if you were wise, you probably saw this coming.Turns out ... if you received a PPP loan, that the expenses you pay from the proceeds of this (forgivable) loan ... are not deductible for Dearborn and Detroit businesses.Ouch.The IRS just released new guidance to...

The second round of PPP funding began this Monday at 9:30AM Eastern.This funding was $322B (as opposed to the first at around $349B). The first round of $349B funded 1.6MM business.As for those who were waiting on that first round, the SBA hasn't shared recent...

I promise that one day I'll write to you and my Dearborn and Detroit area readers about matters other than government aid, the CARES Act, PPP/EIDL, and whatnot.But as we all keep saying: these are extraordinary times. Pick your cliche -- it all fits right now.But here...

I'd like to simplify things for you today.There is so. much. noise. right now about how to survive (even thrive) in the midst of this very difficult season."Pivot" they say.And yes, if you are running a business, these times call for a bit of a shift. Only a very...

Before I get into some of what we have learned over the weekend about the SBA payroll program, I want to speak to you -- business owner to business owner.To survive in this hour, you will NEED two major qualities: Clarity and Patience.The SBA payroll program offers a...

These days are moving VERY quickly, and we are working VERY hard to get communication out to our Dearborn and Detroit clients and friends.You probably already heard that the CARES Act (the mammoth 880+ page disaster relief bill) was signed over the weekend, and help...

Some huge news is happening for Dearborn and Detroit business owners, that I'm sure you've heard rumors about, so I wanted to reach out to you quickly with some first-blush details.I also wanted to offer this:If you have business associates or friends who need help...

How are you holding up? If you haven't yet done so, please do shoot me a quick note to let me know how your Dearborn and Detroit business is managing.Depending on the situation, I have lots of ways to help ... some of which I'll give you details about today.I will...

Until further notice.This is a busy, fearful and unprecedented time of the year for all of us. We are in your corner, even still.Due to the Coronavirus Pandemic, our office has stopped seeing clients face to face, until further notice. We will continue to accept...