Getting Back to Business – “Business Owners – Start Your Engines”

Not today, not this week, likely not next week, but soon your business will be asked to participate in the greatest race to restart an economy in history. In an Indianapolis 500 car-race that’s been red-flagged due to an extraordinary large crash, a restart with a green flag occurs and all drivers accelerate at the same time to hit previous top speeds of over 200 mph in the first restarted lap – such a restart is most assuredly not going to occur with our economy, of course with several exceptions. How long will it take most businesses to reach top speed, […]

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There are potential issues that may arise when contemplating a business interruption insurance claim. Every client situation is different, and we are here to help guide you.  One possible form of relief for the financial stress caused by the outbreak of COVID-19 is business insurance, including business interruption and contingent business interruption coverages. These types of coverages are often included as part of a commercial liability policy. Recovery may include reimbursing the business owner for lost revenues and expenses incurred, among other things. As policy terms may be unique for each policyholder, coverage should be assessed on a case by […]

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In an unprecedented manner, the world economy has unilaterally greatly reduced its industrial and economic output as a result of the Coronavirus pandemic (COVID-19). To help you through some of the unknowns and difficulties this created, Gettry Marcus CPA, P.C. has launched a COVID-19 crisis advisory task force to help provide insight on how your businesses might need to react to this sudden health and economic global crisis. We have a host of thoughts to help you manage through this great unknown and will introduce them by segments. This is the first of many communications you shall receive from the […]

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Dear Clients and Friends, We wanted to share some important information with you.   On Friday, March 20th Governor Andrew M. Cuomo announced he is signing the "New York State on PAUSE" executive order, a 10-point policy to assure uniform safety for everyone. It includes a new directive that all non-essential businesses statewide must close in-office personnel functions effective at 8 PM on Sunday, March 22. Guidance on essential services under the executive order is as follows: https://www.governor.ny.gov/news/governor-cuomo-issues-guidance-essential-services-under-new-york-state-pause-executive-order Please contact your Gettry Marcus Advisor if you would like additional information. More [+]