Articles From Brisbane Consulting Group

The Paycheck Protection Plan Flexibility Act (PPP Flex Act) (H.R. 7010), enacted on June 5, further enhanced the opportunity for loan forgiveness by expanding requirements on how the loans are spent and extending the time to use the funds to 24 weeks (but not beyond December 31, 2020).

Business valuation professionals are sometimes asked to determine the fair market value of a promissory note, typically in connection with gift or estate tax matters involving intrafamily loans or sales.

The Small Business Administration released a revised version of Form 3508 Paycheck Protection Program (PPP) Loan Forgiveness Application on June 16, 2020.

As a result of COVID-19, the number of businesses filing for bankruptcy is expected to skyrocket this summer. Here's an overview of the options under the U.S. Bankruptcy Code — and how a business valuation expert can be a valuable asset during this process.

President Trump has signed the Paycheck Protection Program (PPP) Flexibility Act, which provides businesses and employers with more flexibility in the loan program. 

In general, a patent holder seeking infringement damages must apportion profits or royalties between the patented feature and any unpatented features of the infringing product, but there’s an important exception to apportionment known as the “entire market value rule” (EMVR).

The PPP Flexibility Act greatly increases the likelihood that a large percentage of a borrower’s PPP loan will be forgiven.

Congress has passed and the president has signed the Paycheck Protection Flexibility Act of 2020. The Act modifies many components of forgiveness for the Paycheck Protection Program to make it easier for PPP recipients to obtain forgiveness.

Here are some tips to position your small business or not-for-profit organization to receive the maximum allowable forgiveness under PPP, as well as how to prepare for the subsequent government audit.

Download the slides from our webinar presented to the New York Chapter of the American Academy of Matrimonial Lawyers: A Going Concern: How Legal and Financial Professionals Will be Dealing with Business Valuations Going Forward.