Cash Flow Projection Resource
Many business are under extreme pressure due to COVID-19. Right now cash flow projections are a key piece of planning. Please, click here to view a worksheet to help you understand your cash flow needs for the next month.

Fill-in the amounts in blue and the worksheet will calculate your cash flow needs. This tool will help you when speaking with creditors and banks on your needs. Please, do not hesitate to reach out to us with any questions. Your AFP team is here to assist….we are up and running 100%!
SBA Disaster Loan Webinar Series
The Small Business Administration is hosting a webinar tomorrow (Wednesday, March 25) at 1:00 EST to discuss the SBA Loan Application Portal. To register for this webinar click here .

Three Step Process: Disaster Loans is a helpful resource recently released by the SBA.

As we experience ongoing interruptions of business as usual, we will need to be mindful of these kind of opportunities, as well as:

  • Temporary Moratorium on Evictions and Foreclosures in New York and other states
  • Short-term waived interest on Federal Student Loans until further notice (contact your servicer)
  • Certain Mortgage Servicers are modifying terms (‘pausing payments’) without penalty. Contact your service
Abatement of Penalties & Interest - Sales & Use Tax
Governor Cuomo has issued an executive order expanding the Tax Commissioner’s authority to abate late filing and payment penalties.
 
This will allow the Commissioner to abate interest on quarterly and annual sales and use tax filings and remittances with a due date of March 20, 2020, for those who were unable to timely file and pay as result of the COVID-19 virus.
 
To view the guidance issued, visit N-20-1 , Announcement Regarding the Abatement of Penalties and Interest for Sales and Use Tax due to the Novel Coronavirus, COVID-19. 
 
For additional information, visit  Tax Department response to novel coronavirus (COVID-19).
ON A LIGHTER NOTE...
Have you seen the virtual chorus performance of " Somewhere Over the Rainbow " presented by the students of Chino Valley USD?
Or this virtual orchestra performance of Burt Bacharach's " What the World Needs Now "?
While we have moved most of our team to working from home, we are still available to you via email, phone or in our offices. Please contact us with any questions or concerns.
BUFFALO | COOPERSTOWN | ONEONTA | PERRY | ROCHESTER | VICTOR
Allied Payroll Services is bonded.

Securities offered through Registered Representatives of Securities America, Inc., a broker-dealer, member FINRA / SIPC . Advisory services offered through Securities America Advisors, Inc., a Registered Investment Adviser. Tax services provided by Tette, Ingersoll & Co., CPAs, PC. Allied Financial Partners and Tette, Ingersoll & Co., CPAs, PC are not affiliated with Securities America.

Securities America is unaffiliated with any other named entities or services offered.

To be eligible for the Rochester Chamber Top 100, businesses must be privately held, headquartered in the nine-county Rochester region, and have earned at least $1 million in revenue in each of the three most recent fiscal years. The Rochester Chamber Top 100 is computed based on revenue growth, taking into account both dollar and percentage growth.