U.S. Postal Service Status on International Mail Shipments (8/15/2020)
With the coronavirus COVID-19 emergency continuing to spread around the globe, mail and small parcel operations are impacted worldwide. Between a shortage of commercial passenger airlines to carry the mail and local authorities and transit/destination postal services shutting down or restricting services, sending international packages with the U.S. Postal Service is resulting in longer transit […]
Will Black Friday Be The Next Coronavirus Victim?
Thanksgiving and Black Friday may still seem like a long way away, but in eCommerce terms, many of the larger businesses will be planning and preparing for the holiday season over the next few weeks if they haven’t already. But in the current global situation it begs the question, what will happen around the holiday […]
U.S. Postal Service Status on Domestic Services And Shipments (7/14/2020)
The coronavirus (COVID-19) health emergency is impacting domestic U.S. Postal Service operations in select areas. The USPS is considered an essential service, but some local conditions make it more challenging to provide all services. The domestic USPS update also includes information about post offices and operations that may have other reasons for disruption and closures. […]
ShipStation Research – What Online Merchants Should Expect Beyond COVID-19
As states are continuing to loosen up lockdown orders and more physical retailers are opening up again, online retailers may wonder how much of the COVID-19 shift to online will stick with consumers and what their expectations will be. The Coronavirus pandemic is significantly changing again the physical retail landscape with stores closing and some […]
AICPA Survey Shows 56 Percent of Executives Sought PPP Loans
Some 56 percent of business executives said their companies had sought relief funds through the Paycheck Protection Program (PPP), a $660 billion initiative under the CARES Act designed to protect small businesses and their employees, a survey by the American Institute of CPAs found. The PPP was by the most popular form of pandemic-related aid […]
AICPA Encourages Small Businesses Apply For PPP Loans Thanks to Bipartisan PPP Flexibility Act
In reaction to today’s signing of the Paycheck Protection Program Flexibility Act, the American Institute of CPAs (AICPA) encouraged small businesses to apply for Paycheck Protection Program (PPP) funds ahead of the fast-approaching June 30th deadline. The institute added that the PPP Flexibility Act significantly increases the chance a small business can continue its operations and […]
U.S. Postal Service Shifting International Air Mail to Sea Transport During COVID-19 – Update 6/5/2020
The U.S. Postal Service advised that it is shifting some international shipments from air transport to sea transport due to limited air cargo capacity resulting from the coronavirus (COVID-19) public health emergency. In its advisory, the postal service provided details about the first sea transport shipment to Rotterdam (Netherlands) that includes mail and parcels to […]
U.S. Postal Service Colorado Distribution Facility Faces Closure Order Due to Coronavirus Cases – Update
The Denver Department of Public Health and Environment (DDPHE) has ordered the closure of a U.S. Postal Service Processing and Distribution Center at 7550 E. 53rd Place in Denver, Colorado. The closure order follows an investigation after the state of Colorado confirmed five employees tested positive for COVID-19 at the facility. Apparently, the DDPHE suspects […]
SBA Releases PPP Forgiveness Instructions – AICPA Says Questions Still Remain
The Treasury Department and Small Business Administration last night released a loan forgiveness application form for the CARES Act’s Paycheck Protection Program (PPP), which had been urgently sought by CPA firms and their small business clients in recent weeks. The document and related instructions partially address some outstanding issues but leave others unaddressed and, more […]
AICPA Offers Loan Forgiveness Calculator for SBA Paycheck Protection Program
The American Institute of CPAs (AICPA) has created a loan forgiveness calculator for the Paycheck Protection Program (PPP), the main small business relief vehicle under the CARES Act, and today shared it with the Treasury Department and Small Business Administration. Questions surrounding loan forgiveness have been a major stumbling block to successful PPP implementation, and […]