COVID 19 Seasonal Business Impact

The consequences for business due to the COVID-19 outbreak have been widespread.  Every industry sector has felt the impact of the virus but, what about seasonal businesses?  What are they doing to navigate the pandemic?  We spoke with small businesses to get their feedback on how this has affected their specific business and their plans going forward:

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Mary Margaret Epps
The Future of the Office

The Future of the Office – and its physical layout is just one of the changes businesses will face in a post-pandemic environment.  In the last 20 years plus, office structures have been gearing toward an open format with a focus on co-working space.  However, the idea of an open environment – a sea of cubicles and human sardines – could be a thing of the past. 

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Mary Margaret Epps
Special Payment Relief in Response to the COVID-19 Outbreak

Notice 2020-17; Payment relief on account of Coronavirus Disease 2019 (COVID-19) emergency. The Treasury Department and IRS are extending the due date for Federal income tax payments due April 15, 2020, to July 15, 2020, for payments due of up to $10 million for corporations and up to $1 million for individuals - regardless of filing status – and other unincorporated entities. Associated interest, additions to tax, and penalties for late payment will also be suspended until July 15, 2020.

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Mary Margaret Epps
SBi Update: A Successful 2019

As 2019 comes to a close, it has been a successful year at the Shoals Business Incubator. With our goal for our business clients continue to expand and grow, we have had several businesses graduate from the Shoals Business Incubator this year.

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Mary Margaret Epps