Bennett Thrasher, one of the nation’s largest and fastest-growing certified public accounting and consulting firms, is pleased to announce its partnership with restaurant business intelligence leader OneDataSource.
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Choosing the right team to advise you can help you continue to grow your business while working towards your personal goals. An experienced exit planning professional can assist you in developing the right plan for your business and creating a balanced lifestyle by integrating your personal and professional goals.
On March 11, 2021, President Biden signed into law the American Rescue Plan Act of 2021 (ARPA) which contains specific provisions for the benefit of restaurant owners. Section 5003 of the ARPA establishes the Restaurant Revitalization Fund (RRF) to include $28.6 billion earmarked for nontaxable grants to eligible restaurant entities. $5 billion of this total amount will be designated for restaurants with 2019 gross receipts of $500,000 or less.
As the coronavirus (COVID-19) pandemic rapidly spreads throughout the U.S. and the world, nonprofit organizations are facing unprecedented challenges to their operations, staffing and fundraising. Many nonprofits serve vulnerable clients such as the elderly, the ill and the homeless, and these organizations will be strained to continue to provide services during the crisis. Arts and cultural organizations have closed and canceled programs in response to directives to limit public gatherings.
In response to the current economic conditions and pandemic, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was unanimously passed by the Senate on Wednesday, March 25 and by the House on Friday, March 27. It is expected to be signed into law by President Trump shortly.
The U.S. Small Business Administration (SBA) is offering long-term, low-interest federal disaster loans for working capital for small businesses and private, non-profit organizations affected by the coronavirus (COVID-19) throughout the United States and associated territories.
On March 18, 2020, President Trump signed the Families First Coronavirus Response Act to provide affected individuals with paid sick and family leave and create tax credits for employers effected by the coronavirus. Effective 15 days after enactment (March 18, 2020), the Act creates a new category of benefits available until December 31, 2020. Please find the highlights of the new law below.
Treasury Secretary Steven Mnuchin tweeted today that the April 15, 2020 tax return filing deadline will be postponed until July 15, giving all taxpayers an additional three months to file their returns and make tax payments without interest or penalties. We are waiting for clarity on how today’s statement will modify guidance previously released and will provide additional details as they are made available.
With the everchanging COVID-19 pandemic, “threat actors” are increasing their focus on Phishing emails and other creative methods of attack. To assist in securely communicating with Bennett Thrasher or any other company/individual, we wanted to provide these helpful safety tips when communicating sensitive information over the internet.
In an article published in the September / October issue of Current Accounts, the official publication of the Georgia Society of Certified Public Accountants, Bennett Thrasher’s Marketing Manager Allie Donahue lays out the firm’s summer initiative to raise awareness for mental health wellness in the workplace and to give back to the community.
