Office Closure: Beginning July 2, the Delap office will close for an interior remodel. The remodel project has been in the works for months and will include an updated reception area as well as new and improved conference rooms. The project is scheduled to last a few months, with the office anticipated to reopen sometime around the holidays. We will continue to assist our clients with their accounting and advisory needs during the  remodel, and we appreciate your patience and understanding during this renovation process.

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VIDEO: PPP Flexibility Act Webinar Recording

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The Paycheck Protection Program Flexibility Act of 2020 was signed into law on June 5, 2020.

On June 10, 2020, Delap hosted a webinar to review the PPP Flexibility Act and the borrower-friendly changes it contains. Delap partner Harriet Strothers, CPA, and Delap senior manager Kyle Renalds, CPA, CFE, led the presentation.

The What You Need to Know About the PPP Flexibility Act webinar covers the most up-to-date information about PPP loan forgiveness and includes changes from the PPP Flexibility Act, including:

  • Extending the covered period end date to December 31, 2020
  • Increasing the covered period from eight weeks to 24 weeks
  • Reducing the amount of loan proceeds that must be used for payroll costs to 60%
  • And much more

Watch the recording of the webinar below:

And here are a few additional resources for you:

If Delap professionals can be helpful to you as you evaluate your options during this time, please don’t hesitate to reach out.

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