Word around the water cooler.
February 9, 2021
PPP Loan Forgiveness Update: Simpler Form, New RulesApplying for forgiveness for your PPP loan is now a lot easier, and there’s also other good news about your loan, tax credits, and other changes.
January 28, 2021
What is Affordable Housing? Addressing the Big MisconceptionsWe are facing an affordable housing crisis in our country, and in order to address it, we must fully understand the facts about affordable housing.
January 22, 2021
Selling Your Business? What You Need to Know in 2021.A Q&A on Wealth Transition and Succession Planning.
January 20, 2021
New PPP Funding Available: What You Need to KnowBillions of dollars are available to new and previous PPP borrowers, with a new set of conditions.
January 18, 2021
Employee Retention Credit Extended and Expanded (Yes, Even if You Received a PPP loan)The ERC lets businesses get paid back for wages they paid to employees during the pandemic. Ignoring the ERC could leave thousands (or more) on the table.
January 15, 2021
2021 Investment Outlook: A Q&A with Sagace Wealth CEO Dodd DislerNow is a good time to think about investment opportunities in 2021 as the economy recovers from the pandemic, and Sagace Wealth has advice for investors.
January 6, 2021
5 Ways to Finance Affordable Housing Developments (Other Than LIHTC)From community trusts to grants to loans, there are many ways to fund an affordable housing development that have nothing to do with tax credits (or can be combined with LIHTC).
December 21, 2020
With New PPP Funds Available, Here’s What You Need to KnowCongress struck a compromise on a new round of COVID-19 relief funding. Here’s what you need to know about what the package includes.
December 16, 2020
At our firm-wide retreat, #PeopleMatterMostSpending time getting to know one another and bonding as a team is important to us, even when we can’t be in the same room. This year, we used technology to make our annual retreat happen virtually.
December 11, 2020
What is cost certification? 7 things affordable housing developers need to know.Not planning for the cost certification process can significantly delay your affordable housing project. Here are the key things you need to know about cost certification, which is the process of determining exactly how much money was spent on development and construction.
December 7, 2020
12 Tips for Dealing with Debt and Getting Financially Organized for 2021Maybe you had no choice but to amass debt to deal with the challenges of 2020, or maybe you let your financial habits slide this year. No matter what, we have tips to get you back on track.
December 2, 2020
More than 6,000 Affordable Housing Units Created in 2019 with Historic Tax CreditsThe National Park Service’s Annual Report shows investment and progress in the creation of affordable housing units using historic tax credits.
November 30, 2020
How is Bitcoin taxed? And other key questions about cryptocurrencyCryptocurrency has gotten a lot more accessible, but the IRS still has a lot to do to catch up. Here’s our primer on cryptocurrency.
November 25, 2020
How a St. Pete Event Design Company is Designing Its Path ForwardBusiness with in-person events was booming at Foo Dog Productions before the COVID-19 pandemic hit. But with lessons learned from previous economic downturns and quick adaptations to digital services, Foo Dog is thriving even during the pandemic.
November 16, 2020
A Guide to Tax Credits for Affordable HousingHere’s a Spoor Bunch Franz primer on tax credits for affordable housing - how they work, how they stack, and how they not only boost housing affordability, but can also stimulate the economy and create jobs.
November 11, 2020
Seven Things We’re Doing to Keep Employee Engagement Up During the PandemicOur team works hard and supports one another. We don’t want to lose that engagement during the pandemic, so we’ve taken steps to encourage staff to interact socially, share ideas, and continue building our culture.
November 10, 2020
Real Estate Professionals Foresee a Huge Shift in Work FlexibilityThe demand for more flexibility and more remote work could change the landscape for commercial real estate and affordable housing, according to a new report from the Urban Land Institute
October 30, 2020
What do you do when your business has a cash flow problem?Even profitable businesses suffer from cash flow issues. Here are some common causes for cash flow problems and seven actions you can take to solve them.
October 23, 2020
How the Election Could Impact Affordable HousingThe next four years will be critical for affordable housing policy, and whoever wins in November will have big decisions to make. Julie Lawrence’s analysis on GlobeSt.com breaks down what’s at stake for housing policy in the presidential election.
October 21, 2020
Affordable Housing and COVID-19: A Round-Up of Recent NewsEvery problem caused by a lack of affordable housing, and every solution designed to address the issue, has been affected by COVID-19.
October 14, 2020
How We’re Giving Back to Our Community During COVID-19Community outreach is a key part of our culture, and we’ve missed being able to get together to volunteer. So, we’re finding ways to give back while staying safe.
September 30, 2020
SBF Partner Rich Franz: “We have a culture of change momentum”In this second feature in our series, “Getting to Know SBF,” meet SBF Partner Richard B. Franz III.
September 23, 2020
How Wealthy Taxpayers Might Prepare for Changes in Tax Policy After the November Election: A PrimerBoth President Trump and Former Vice President Biden have been clear about what the future might hold for tax policy, and taxpayers with significant wealth might be starting to prepare. We created a primer to help these individuals prepare for possible changes.
September 17, 2020
How to Receive Payments in QuickBooks OnlineReceiving payments from your business’ customers should be easy and pleasant. To make the process easier, here are three ways to receive payments via QuickBooks Online.
September 10, 2020
Taxes 101: Avoiding costly penaltiesEveryone is aware that if you don’t pay your taxes on time, you can face penalties. But lateness is not the only situation that can cause you to rack up penalties. We’ve summarized the 14 most common penalties and how to avoid them.
September 3, 2020
What is a payroll tax holiday? And more FAQs about the new executive order.President Trump is deferring payroll taxes. What does that mean for individuals and employers? We answer some of the biggest questions you may have about the new policy.
September 2, 2020
PPP Loan Forgiveness – Why It Might Be Smart to WaitThe federal government is still sorting out the rules for PPP loan forgiveness, and you may save yourself some work if you wait until more has been decided.
August 26, 2020
Hiring New Employees During the COVID-19 CrisisSpoor Bunch Franz is growing, and we’re modifying our hiring process while maintaining our culture.
August 10, 2020
Reopening during the pandemic: How local Massage Envy locations are making it workWe spoke to Steve Plattner, who owns six Massage Envy locations in the Tampa Bay area, about how they’re adapting to the pandemic and why he’s optimistic about the future.
August 7, 2020
SBF is a Tampa Bay Chamber Small Business of the Year FinalistSpoor Bunch Franz is honored to be among Tampa Bay’s top small businesses and looks forward to the announcement of the winners this fall.
August 3, 2020
How can I get my PPP loan forgiven?The SBA recently released information about the process for getting loans forgiven. The Loan Forgiveness Platform is set to open August 10. Here’s what you need to know.
July 30, 2020
What You Need to Know About Investing in an Opportunity ZoneTax incentives may make investing in an opportunity zone tempting, but is it right for you? We have answers to your questions.
July 9, 2020
Is outsourced accounting for you?To help you decide whether outsourced accounting would work for your business, we’ve compiled answers to some frequently asked questions
July 7, 2020
SBF Partner W.G. Spoor: “I love change. I’m a change agent.”In this first feature in our new series, “Getting to Know SBF,” meet SBF Partner W.G. Spoor.
July 5, 2020
Taxes are Due July 15: What You Need to KnowFor businesses or individuals who took advantage of the automatic extension granted by the IRS during the COVID-19 emergency, the July 15 deadline is fast approaching.
June 24, 2020
Are you SBF intern material?An internship at Spoor Bunch Franz will give you a taste of the industry, teach you key skills, and help you acclimate to your chosen profession, as you are treated as a valued member of the team.
June 22, 2020
There’s never been a more important time to take a holistic view of your financial futureThe COVID-19 crisis has led many of our clients to seek help with investments and estate planning in addition to working with us on their accounting needs.
June 19, 2020
More Flexibility for Paycheck Protection Program Loan Forgiveness and Payroll Tax DeferralThe PPP Flexibility Act greatly increases the likelihood that a large percentage of a borrower’s PPP loan will be forgiven. The forgiveness application was just released, and while we can begin preparation, finalization should wait until the end of the 24 week period covered by the loan.
June 4, 2020
PPP forgiveness changes coming as Senate passes House bill last nightWe’ve been waiting for more guidance on PPP forgiveness and finally some decisions were made.
June 1, 2020
Four things the 4th Street Shrimp Store in St. Petersburg, FL is doing to stay afloatBusinesses that can adapt, communicate, and stay connected stand the best chance of making it through this crisis
May 20, 2020
Creating a “New Normal” in our Tampa Bay OfficeHow our Accounting teams are transitioning back to the office in St Petersburg, FL and creating new procedures for keeping staff safe.
May 19, 2020
Three Tips for Small Business OwnersSBF partner Steve Bunch has advised countless small business owners during the COVID-19 crisis. In this quick video, he gives three key tips based on that experience.
May 13, 2020
SBF is the #1 best place to workAnother honor for SBF’s culture comes from the Tampa Bay Business Journal
May 12, 2020
PPP Loan Forgiveness Update – We’re Still WaitingAfter congress passed the second round of funding for PPP loan program, we’ve seen an increase in the number of businesses to receive funding through the program.
April 21, 2020
Small Business PPP Loan UpdateFor the past weeks, our firm has been closely monitoring the ever-evolving Paycheck Protection Program (PPP), its funding (or lack thereof), and the details surrounding the forgiveness of loan proceeds.
April 20, 2020
Our Team is Staying ConnectedHow playing “social hour” trivia on Zoom is helping us maintain team spirit
April 15, 2020
Don’t wait to file your tax returnYes, tax deadline was moved, but there are advantages to filing sooner
April 3, 2020
SBF is a Top WorkplaceOur internal communication, flexibility, mentoring, and office culture are highlighted in the Tampa Bay Times’ annual list of Tampa Bay’s top workplaces
April 2, 2020
Affordable Housing UpdatesWhat the affordable housing industry needs to know about the recent federal updates.
March 30, 2020
Paycheck Protection ProgramWhat every small business needs to know and how to start preparing
March 28, 2020
President Trump signs into law CARES ActOn March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief and Economic Security (CARES) Act, which provides relief to taxpayers affected by COVID-19. We have summarized the top provisions in the new legislation below, with more detailed alerts on individual provisions to follow.
March 25, 2020
We’re openLike so many of our clients, the majority of the SBF team is working from home following the precautions set forth by the CDC.
March 21, 2020
It is time to pick ourselves up off the mat and fight back, SBF can help…Across the world, many have felt the anxiety and fear that has spread over the uncertainly with this virus, but we cannot lay down forever. We are about to see the best of America and the rest of the world…
March 20, 2020
Families First Coronavirus Response ActThe Families First Coronavirus Response Act (FFCRA) was signed into law on Wednesday March 18, 2020. The new law includes paid sick leave for employees impacted by COVID-19 and those serving as caregivers for individuals with COVID-19. The legal obligations will be effective 15 days from the date it was signed - so plan for it to take effective on April 2.
March 19, 2020
Federal loans available to small businesses due to COVID-19The U.S. Small Business Administration (SBA) is offering low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19).
March 18, 2020
An update for our clients…The information below is up to date as of the afternoon of March 18, 2020. We anticipate future announcements and guidance from the Federal government and the IRS. We will send out future correspondence with any updates as they become available.
March 14, 2020
We continue to work hard on clients’ behalf, while taking steps to protect against COVID-19Like all of you, we are monitoring the latest news about the coronavirus and adjusting our daily activities to reduce the possibility of spreading COVID-19. With confirmed cases in the west-central Florida areas we serve, we are being especially cautious.
March 13, 2020
SBF’s membership in BDO Alliance USA helps firm’s clientsSince Spoor Bunch Franz joined the BDO Alliance USA, a nationwide association of independently owned local and regional accounting, consulting and service firms, the firm has seen immediate results with how the Alliance can help us in our client work.
February 24, 2020
Retirement and 529 PlansWhat you need to know about changes to retirement and 529 plans.
February 17, 2020
Smart Tax Tips For 2020Follow these tips to help avoid a heavy tax burden this year.
February 7, 2020
SBF Offers Some Perks to Make Things EasierThe start of a new year marks the beginning of our busiest time at Spoor Bunch Franz.