As your trusted advisors, Marcum is committed to sharing the best information available concerning coronavirus (COVID-19) to our clients and friends during this time. Below please find up-to-the-minute thought leadership from our Marcum partners for you and your business.
Guidance and Insights
CEOs Concerned about Recession but Remain Optimistic, finds Marcum-Hofstra Survey
The Hartford Business Journal interviewed Hartford Office Managing Partner Michael Brooder about the finding in the latest Marcum-Hofstra CEO Survey that less than half of CEOs have returned to the office full time.
Less than Half of CEOs are Back to the Office Full-Time; CEO Economic Outlook Plummets
McKnight’s Long-Term Care News reported the findings of Marcum’s annual benchmark study of nursing homes.
The Hartford Business Journal cited the Marcum-CBIA survey of Connecticut employers in an article about the withdrawal of the federal vaccine mandate.
Employee Retention and Worker Stress Key Challenges for CEOs, Marcum-Hofstra Survey Finds
NJCPA published an article by Senior Tax Associate Nicholas Scher, about expiring COVID guidance and identifying nexus.
Middle-Market Companies Struggling with Inflation and Supply Chain Disruptions, Reports Marcum-Hofstra Survey
California Main Street Small Business Tax Credit II: First-come, First-served by November 30
Paycheck Protection Program
Many small business owners have applied for Paycheck Protection Program loans, created under the CARES Act as an incentive for employers to maintain payroll during the COVID-19 pandemic.
If you meet certain requirements under the program, up to 100% of the loan proceeds may be forgiven, and in addition, there will be no income tax implications! Notably, the SBA will fully forgive all loans under the Paycheck Protection Program, provided that all borrower requirements and documentation are met.
SBA Loan Assistance and Business Interruption Claims
In light of the tremendous challenges businesses are facing during the COVID-19 pandemic, Marcum launched a national SBA advisory team to help our clients navigate available financial relief programs. As your trusted advisors we are here to help you quickly determine the best funding option for your business specific needs.
Marcum-Hofstra CEO Survey: Special Coronavirus Issue
Even before statewide lockdowns swept the nation and shuttered most of the U.S. economy, more than half of middle-market CEOs said the spread of coronavirus had disrupted their companies’ production and supply chains, according to the latest Marcum-Hofstra CEO Survey.
The Marcum LLP-Hofstra University CEO Survey found that approximately 56 percent of mid-market CEOs reported production disruptions related to COVID-19. At the same time, the global pandemic has forced many businesses to shut down operations entirely in several international markets, the survey found.
SBA Task Force
Select the region to view contacts.