Knowledge and Insights

Offering resources and insights that help clients and communities

One of the ways Mercadien accelerates client and community success is by continually enhancing and sharing knowledge.  By offering our expertise and thought leadership on key business and industry trends and issues, we’re a better resource to you. It benefits everyone to keep minds sharp and fingers on the pulse of what’s critical in today’s dynamic environment.

We’re pleased to provide articles, news, and information to help you stay up-to-date on topics affecting your organization; learn about best practices and processes in relevant fields; and simplify the business and financial complexities you may face.

UPCOMING EVENTS

WEBINAR: OVERVIEW OF THE AMERICAN RESCUE PLAN ACT & IMPACTS ON YOUR ORGANIZATION

Wednesday, April 28, 12:30 PM - 2:00 PM
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Additional $15M in CARES Act Funding to be Distributed by the NJEDA

August 12, 2020 | By: Matthew SmierciakOn August 11, the New Jersey Economic Development Authority (NJEDA) approved $15.3 million in CARES Act funding through their Small Business Assistance Grant Program. The purpose of adding the additional funding to this program is to provide assistance to businesses located in twelve New Jersey counties that did not receive direct funding from the federal…Read More

FUNDING ALERT: NJRA SMALL BUSINESS LEASE EMERGENCY ASSISTANCE GRANT PROGRAM

August 5, 2020In response to the COVID-19 pandemic, the New Jersey Redevelopment Authority (NJRA) announced a $6 million grant program that allows businesses in 64 eligible municipalities that have been adversely affected by the virus to apply for grants of up to $10,000 to assist with lease payments. The program is targeted toward businesses with less than…Read More

Managing Director Myron Gellman Interviewed for August Issue of New Jersey Business Magazine

August 5, 2020Myron Gellman, MBA, CMC, CBA, Managing Director with Mercadien, was featured in the August issue of New Jersey Business Magazine. The article is titled, “It’s Good to be in the Middle” by Anthony Birritteri, Editor-in-Chief of New Jersey Business Magazine, and addresses the attractiveness of the middle market within the professional services realm. Within the…Read More

SBA Issues Procedural Notice for PPP Lender Forgiveness Reviews & Submissions

August 5, 2020 | By: Frank PinaOn July 23rd, the Small Business Administration (SBA) issued the following Procedural Notice regarding the process which lenders must follow in their review of your Paycheck Protection Program (PPP) forgiveness application and how they will interface with the SBA to request reimbursement for loans that they approve for forgiveness. View the Procedural Notice here –…Read More

Mercadien Webinar Replay: Are You Ready to Submit Your PPP Forgiveness Application?

August 4, 2020Frank Pina, CPA, Sherise D. Ritter, CPA, Kyle Neeld, CPA, Managing Directors & Elizabeth LaCorte, CPA, Manager, presented a webinar Are You Ready to Submit Your PPP Forgiveness Application? on Wednesday, July 29th. During the webinar, they went over: Key points of the PPPFA Modifications to provisions related to PPP loan forgiveness, including: Extended covered period…Read More

Frank Pina Featured Guest on RVN TV’s Behind the Numbers

August 3, 2020Frank Pina, CPA, CFF, CFE, CGMA, Managing Director with Mercadien’s Forensic & Litigation Support Services Group, was a featured guest on RVN TV’s Behind the Numbers with host Dave Bookbinder. The two discussed how organizations can identify fraud & what to do once fraud is detected. To view the full interview click here. For more information…Read More

Are You Eligible for Additional Relief from the COVID-19 PA Hazard Pay Grant Program?

July 23, 2020 | By: Elizabeth LaCorteThe state of Pennsylvania has $50 million set aside for a reimbursement-based grant available through Pennsylvania’s Department of Community & Economic Development (DCED).  The COVID-19 PA Hazard Pay Grant has an extremely short application window – JULY 16 – JULY 31, 2020. Unlike the Paycheck Protection Program grants, the funds from this grant are not…Read More

CARES Act Funding for Home & Community-Based Service (HCBS) Providers – What You Should Know

July 22, 2020 | By: Matthew SmierciakThe Coronavirus Aid, Relief and Economic Security (CARES) Act established the Coronavirus Relief Fund (the Fund) and appropriated $150 billion to the Fund. The purpose of the Fund is to make payments for specified uses to state and certain local governments.  State governments that receive funding have flexibility when determining how to use the funds.…Read More

Update to Our PPP Loan Forgiveness Implementation Guide

July 16, 2020 | By: Sherise D. Ritter & Kyle A. NeeldThe PPP Loan Program Evolution Continues As suspected back in May when Mercadien published its Paycheck Protection Program (PPP) Loan Forgiveness Implementation Guide, many rules have evolved and changed for both borrowers and lenders.  It has been several weeks since we published the original version of this guide.  Over these last several weeks, we have…Read More

Updated Guidance on Available Payroll Credits – New Form 941 – 2nd Quarter 2020

July 9, 2020 | By: Eric M. WhelanDue to the COVID-19 pandemic, the IRS announced a payroll tax credit as well as other relief over the past few months.  With the 2020 second quarter payroll tax return due dates approaching, below are highlights of these potential benefits and tax reporting changes that you should be aware of. Employee Retention Credit – Qualifications…Read More