On June 5, 2020, President Trump signed into law the Paycheck Protection Program Flexibility Act of 2020, which loosens several of the Paycheck Protection Program’s (PPP’s) more onerous restrictions regarding loan forgiveness. This article reviews the details of the law, along with some recent guidance for borrowers.  

What is undercapitalization? It means you may not have enough money to keep going. Click through to learn how undercapitalization can affect your manufacturing facility, and what you can do to avoid it.

Six Sigma is one of those terms that's always a buzzword. But, what does it really mean and how can it help you? This article reviews the basics of Six Sigma and what it can mean for your company.

As 2019 drew to a close, the IRS issued the 2020 optional standard mileage rates used to calculate the deductible costs of operating an automobile for various purposes. Click through to see how the new rates may affect you.

The loan forgiveness features of the Paycheck Protection Program are complex and the continual changes to the guidance can greatly complicate planning. Nevertheless, meeting the requirements for forgiveness is key. At Dannible & McKee, we recognize that navigating through all the information and understanding the process is overwhelming. Our experts have remained up to date on the provisions of the Paycheck Protection Program and have developed key strategies around it. We can assist you by providing clarity and direction so that you maximize your loan forgiveness. Contact your Dannible & McKee professional today.  
 
About Dannible & McKee, LLP

Dannible & McKee, LLP has been providing audit, tax, accounting and financial management consulting services to clients nationwide since 1978. The hallmark of our firm is our technical expertise, depth of experience and our approach to delivering quality service to our clients. W e understand the unique needs of manufacturers, and our team of manufacturing specialists are well-versed and experienced in manufacturing concerns, and able to address your needs. We are involved in many organizations that serve manufacturers including the Manufacturers Association of Central New York (MACNY) and the Technology Development Organization. We are also Upstate New York’s first-ever affiliate of GGI, the prestigious international organization of professional firms.

To learn more about Dannible & McKee, visit us at: www.dmcpas.com