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Recovery and Growth Consulting
Recovery and Growth Consulting
COVID-19: Respond, Rebuild, and Thrive
Overview
Businesses of all sizes are adapting to a new market reality that has quickly come to redefine our global economic landscape.
To find resilience in the wake of economic upheaval, businesses must be capable of reviewing practices, altering operations and shifting strategies with unprecedented speed.
Whatever your industry sector or financial standing, our advisors will help you confront change, find hidden advantages and take assured steps toward lasting security and growth.
Beyond helping you shield your business from the financial fallout, our experts will also guide you to avenues for growth that follow a large-scale economic reorganization. We’ll guide you in:
- Finding your financial footing
- Filing for relief and tax benefits
- Protecting against risk
- Exploring restructuring
- Plotting a resilient path forward
Emerge Confidently with Friedman
Holistic approach. Our Recovery and Growth practice unites senior leaders to deliver integrated advice across a host of areas — tax, forensic accounting, valuation, cybersecurity, strategic planning and more.
Boutique service. We offer large-firm resources delivered with a personal touch. You’ll benefit from individual attention, frequent communication and timely responses to your questions.
Creative thinking. Looking at your particular challenges and strengths, we’ll develop customized, results-oriented strategies to help you reach your goals.
Insights to keep you ahead of the curve. Our COVID-19 Task Force has closely analyzed the PPP program and other initiatives since the CARES Act was brought before Congress. The firm’s COVID-19 Resource Center offers breaking coverage and guidance to inform your decision making.
Our COVID-19 Resource Center was honored at this year's Gartner Communications Awards. Friedman was named “Highly Commended” in the Achievement to Communications Response to 2020.
Service Menu
Federal Relief
- Paycheck Protection Program (PPP), Employee Retention Credit (ERC), Restaurant Revitalization Fund (RRF), and Shuttered Venue Operators Grant (SVOG) guidance
- Consulting on best use of available relief funds
- Accountability in processes and reporting
- Forgiveness maximization
Financial Management
- Cash-flow analysis and modeling
- Budgeting and forecasting
- Operational reviews
- Assistance obtaining loans and other capital
- Debt restructuring
- Business restructuring and bankruptcy advisory
- Business interruption claims advisory
Tax Savings
- CARES Act tax benefits, including the Employee Retention Credit
- State and local tax: nexus, domicile and residency
- International tax restructuring and planning, including transfer pricing consulting
- New opportunities to transition wealth
Profitable Growth and Sustainability Workshop and Consulting
- Value proposition and growth strategy optimization
- Realignment of people, processes, technology, productive assets and funding
- Action-oriented plan to emerge strongly from the crisis
Risk Reduction and Fraud Prevention
- Risk assessment
- Internal controls evaluation
- Fraud prevention and detection
- Cybersecurity
- Compliance in the new regulatory environment
Transaction Advisory
- Post-pandemic deal negotiation and structuring
- Due diligence / Quality of Earnings Reports
- Valuation of business and intangible assets
- Transfer pricing studies
- Divestiture/exit strategy evaluation
Insights & Events
- October 18, 2021 Tax Planning Guide 2021-2022
After a tumultuous 2020, “uncertainty” remains the watchword, especially when it comes to tax planning. The shift in Washington and...
Read more - August 4, 2021 The SBA Changes Its Mind: You Don’t Have to Complete a PPP Loan Necessity Questionnaire
Paycheck Protection Program (“PPP”) loans were created to forestall the economic catastrophe of mass layoffs due to the impact of...
Read more - June 17, 2021 Emerging from the Pandemic Tech Session Webinar | ...
Join the NYSSCPA's Large & Medium-Sized Firms Practice Management Committee and the Accountant's Club of America for a Special Panel...
Read more - May 25, 2021 Maximizing Your Tax Benefit in a Remote Working Environment
An individual is subject to tax on all of their income by the state in which they are domiciled. Over...
Read more
- October 18, 2021 Tax Planning Guide 2021-2022
After a tumultuous 2020, “uncertainty” remains the watchword, especially when it comes to tax planning. The shift in Washington and...
Read more - August 4, 2021 The SBA Changes Its Mind: You Don’t Have to Complete a PPP Loan Necessity Questionnaire
Paycheck Protection Program (“PPP”) loans were created to forestall the economic catastrophe of mass layoffs due to the impact of...
Read more - May 25, 2021 Maximizing Your Tax Benefit in a Remote Working Environment
An individual is subject to tax on all of their income by the state in which they are domiciled. Over...
Read more - May 4, 2021 Mergers and Acquisitions Due Diligence During a Pandemic
Background When mergers and acquisitions transactions stalled one year ago, at the beginning of the COVID-19 pandemic, no one could have...
Read more - April 22, 2021 Restaurant Revitalization Fund Begins Roll Out
The Small Business Administration (“SBA”) has begun releasing information on the launch of the Restaurant Revitalization Fund (“RRF”). Similar to the...
Read more - April 22, 2021 Employer Tax Credits for Paid Time Off for Employees to Get Vaccinated
To Virgil, “the greatest wealth is health.” Borrowing from the Roman poet, the American Rescue Plan Act of 2021 (“ARPA”)...
Read more - April 21, 2021 [Webinar Recording]: Exploring Public Companies from All Angles
Our esteemed speakers will share important trends in the public company space to help you confidently plan through 2021....
Read more - April 13, 2021 Kim Dula Interviewed by CBS on Business Tax Deductions
Should an employer pay for items that their employees need in order to perform their duties remotely, the employer can...
Read more - April 13, 2021 The Made in America Tax Plan (so far)
President Biden campaigned on a promise to “Build Back Better.” He also promised to raise corporate taxes, eliminate tax breaks...
Read more - April 11, 2021 Extended U.S. Tax Deadline Not A Reprieve For All
Friedman’s State and Local tax expert, Christian Burgos shares why it may be more beneficial for some tax payers to...
Read more - April 6, 2021 Friedman Ranked Among Top 40 in Accounting Today's Top 100 Firms
We are thrilled to be ranked as #8 in the mid-Atlantic region and among the top 40 in Accounting Today’s...
Read more - March 30, 2021 Jill Jacobs in AAM's Spring Issue of Growth Strategies for the Client Experience
When it comes to marketing, putting yourself in your audience’s shoes is critical. Friedman LLP’s Chief Marketing Offers lends a...
Read more - March 30, 2021 Bob Charron Shares Key Tip on Tax Write Offs with Forbes
1 Key Tip to Add to Your Tax Planning Toolbox The economic and social impact of the COVID-19 pandemic has left...
Read more - March 29, 2021 [Webinar Recording]: Minimizing the Tax Consequences of Loan Workouts
As the real estate industry continues to struggle with economic challenges created by the pandemic, restructuring debt and leases can...
Read more - March 26, 2021 PPP Deadline Extended - You Still Have Time to Apply
Prepare your business for significant dates surrounding Paycheck Protection loan applications, Shuttered Venues Operator Grants and Restaurant Revitalization Fund Grants...
Read more - March 24, 2021 [Webinar Recording] American Rescue Plan
Access this powerful recording where our experts unpack key provisions of the newly released IRS Employee Retention Credit guidance and...
Read more - March 19, 2021 IRS Postpones SOME Tax Due Dates
Despite continued reassurances that the IRS could handle all of the recent COVID-19 related stimulus — including another round of...
Read more - March 15, 2021 Initial Impressions of the American Rescue Plan Act of 2021
The American Rescue Plan Act of 2021 (the “Act”) is the most extensive COVID relief bill yet. Its provisions are...
Read more - March 10, 2021 What’s New with the Paycheck Protection Loan Program?
While we were all busy watching the IRS try to pivot for the changes to the Employee Retention Credit, the...
Read more - March 8, 2021 IRS Issues New Employee Retention Guidance…Sort Of
In December, Congress passed the Taxpayer Certainty and Disaster Tax Relief Act of 2020 (the “Relief Act”) which was enacted...
Read more - December 24, 2020 Additional Tax Related Provisions of the Consolidated Appropriations Act, 2021
The initial attention generated by the Consolidated Appropriations Act, 2021 (“the Act”) focused on the economic relief provisions – enhancement...
Read more - December 22, 2020 Congress Finally Passes the Emergency Coronavirus Relief Act of 2020
Like college students right before winter break, the 116th Congress closed its term with one last all-nighter. And, while the...
Read more - November 19, 2020 Latest IRS Guidance Dashes Hopes of Deducting Expenses Paid with PPP Loans
The Paycheck Protection Program (“PPP”), passed as part of the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), was...
Read more - November 17, 2020 Tax Audits Enforcement and the COVID-19 Pandemic
David Shuster was featured in an exclusive interview with Accounting Today, covering how the pandemic will affect tax revenues. “Given the magnitude...
Read more - November 5, 2020 SBA Creates New PPP Uncertainty with its Uncertainty Certification Forms
Over the course of the Paycheck Protection Program (“PPP”), the Small Business Administration (“SBA”) has released guidance in the form...
Read more - October 14, 2020 [NEW] Outlook From the Inside: Video Blog
How Will the Presidential Election Impact Your Business Taxes? Watch today's segment, featuring emcee Michael Greenwald and guest speaker Robert Charron...
Read more - October 10, 2020 The SBA Releases More PPP Loan Guidance Affecting Loan Forgiveness and Changes of Ownership
It has been six weeks since we last heard from the SBA and Treasury with regard to Paycheck Protection Loan...
Read more - September 21, 2020 Friedman LLP Ranked Top 40 in IPA TOP 400 Firms
We’re thrilled to be listed among IPA’s top 400 accounting firms for 2020. Without a doubt, this year was one of...
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- June 17, 2021 Emerging from the Pandemic Tech Session Webinar | ...
Join the NYSSCPA's Large & Medium-Sized Firms Practice Management Committee and the Accountant's Club of America for a Special Panel...
Read more - April 22, 2021 Matt Blank Presents at PICPA Event: Vital Business Development Strategies to Help You Thrive
Take a journey into the world of business development and learn philosophies, strategies, and takes to properly develop business from...
Read more - April 20, 2021 Exploring Public Companies from All Angles
Tune in to this quarterly webinar where industry experts in the accounting, legal and consulting fields discuss key items for...
Read more - March 23, 2021 [Webinar] American Rescue Plan Act
Tune in to an interactive and lively discussion on the newly released IRS Employee Retention Credit guidance and the new...
Read more - November 11, 2020 EMACC Business Networking Breakfast
Friedman is a proud sponsor of the EMACC Business Networking Breakfast event on Wednesday, November 11th. Randall Paulikens, CPA and Partner at Friedman,...
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