LIBOR Sunsets December 31, 2021; What Now?
Dec 20, 2021With the London Interbank Offered Rate (LIBOR) ending December 31, 2021, and existing loans by mid-2023, now is the time to review options for new loan terms if you haven’t already done so. The Federal Reserve Board of Governors, FDIC, and Office of the Comptroller of the Currency issued a Read More
Rising prices of just about everything from milk and gas to professional services and clothes impact more than just individual consumers. They’re having negative effects on businesses as well. Companies are being forced to make some tough decisions regarding product pricing, advertising a Read More
Infrastructure Act Ends ERC Program Early
Nov 15, 2021Now that President Biden has signed the Infrastructure Investment and Jobs Act (IIJA) into law, the employee retention credit (ERC) will end early, making wages paid after September 30, 2021, ineligible for the credit, except for wages paid by an eligible recovery startup business. The progra Read More
Unfamiliar with the Employee Retention Credit? So Were These 4 Organizations That Claimed Nearly $7M in Relief
Oct 14, 2021Many businesses and organizations have either not applied for, think they don’t qualify for, or have never heard of the Employee Retention Credit (ERC). The ERC is a COVID-19 related relief program designed to encourage employers to keep employees on payroll throughout and after the pandemi Read More
By: Christopher Gagliardi Two of the most significant changes to U.S. Generally Accepted Accounting Principles (GAAP) have recently unfolded, including Accounting Standards Codification (ASC) 606 – Revenue Recognition, which many businesses are still adjusting to, and ASC 842 – Leases. Al Read More
The COVID-19 pandemic has impacted nearly all businesses in one way or another. One Janover client, a staffing company, took a particularly stiff hit. “They were decimated,” said Janover Partner Anthony Napolitano CPA. “They’re still working through losses, but thankfully they qualifi Read More
SUPREME COURT UPHOLDS SALES TAX ON INTERNET SALES
Jun 26, 2018On Thursday, June 21st in a 5-4 split decision with Chief Justice Roberts writing the dissent, the U.S. Supreme Court ruled that states can impose sales tax on internet purchases even where the retailer has no physical presence in the state. In doing so, the Court overturned over 50 years o Read More
New York State Passes Legislation Requiring Employers to Provide Greater Protections Against Sexual Harassment
May 30, 2018Effective immediately, the legislation expands protections against sexual harassment under the NYS Human Rights law to non-employees including independent contractors and subcontractors. Effective July 11, 2018, prohibitions on the use of nondisclosure clauses in settlements or agreements rel Read More
Janover Specialization: Retail and Franchising
Jul 11, 2013Today, the retail environment is a tough, competitive business. According to the 2007 Economic Census, there were 1,122,703 retail establishments in the United States and a total of 14.2 billion square feet of retail space. Retail is at the core of America’s economy. An estimated two-thir Read More
Retail & Franchising
Nov 14, 2011‘In business for yourself, but not by yourself,’ is one of the many advantages and mantras of franchising. In addition to the comprehensive training programs, proven business systems and support services that franchisors provide franchisees with, encouraging and fostering franchisee-to-fr Read More