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Focus::Facts & Stories

Fact & Stories

Coronavirus Disruption: Will Losses be Covered by Insurance Policies?

The spread of coronavirus (COVID-19) worldwide to the pandemic level has changed all aspects of normal life. Businesses are experiencing major operational challenges.

Understanding Business Loan Options under the Coronavirus Stimulus Package

Here are some of the most commonly asked questions our advisors are hearing and answering.

Your PPP Loan Was Approved - Now What?

The recently enacted CARES Act, inclusive of the wildly popular Paycheck Protection Program (PPP), is the largest stimulus package since FDR's New Deal.

Tax Savings for Retaining Employees During COVID-19 Crisis

The Coronanavirus Aid, Relief, and Economic Security (CARES) Act incentivizes employers to keep employees on the payroll. It does this by providing a refundable Employee Retention Credit (ERC) equal to 50% of qualified wages paid by eligible employers during the COVID-19 crisis.

Guide to PPP Loan Forgiveness

Now that our questions have been answered on eligibility and application requirements for the Paycheck Protection Program (PPP), the focus will be on how to achieve maximum loan forgiveness. While we are expecting additional guidance to be released from the U.S. Small Business Administration this month, the following analysis of key issues reflects our current understanding of the considerations associated with PPP loan forgiveness, as of April 15, 2020.

Coronavirus Highlights Need for Businesses to Plan for Health Risks

Just like the medical field must rely on old-fashioned disease containment until they have the medical know-how to fight each new illness, businesses need to rely on basic emergency preparedness practices to protect themselves.

Mardi Gras or Martedì Grasso?

In the United States when we think of Mardi Gras we think New Orleans with floats, fried food, and colorful plastic beaded necklaces. In Italy, Martedì Grasso means Venice's Carnivale, complete with ornate masks, theatric performances, and a parade through Piazza San Marco.

Olive Oil Rejuvenates Brain Cells, Study Reveals

A study led by Felice Tirone in collaboration with Laura Micheli, Giorgio D'Andrea e Manuela Ceccarelli of the National Research Council’s Biochemistry and Cellular Biology Institute (Cnr- Ibbc) reveals that olive oil counters the aging of brain cells, particularly in older subjects, confirming once again the benefits of the Mediterranean diet.

The Italian Brands Basketball League Lands at Barclays Center

They step into the court for charity, with basketball legend Kobe Bryant and his deep ties to Italy on their minds. They face each other with honesty and passion in the sacred temple of basketball, Barclays Center, with two goals in mind: to win but also to promote the best strategies to communicate the Italian brand in the US. Who are they? New York’s Italian entrepreneurs, the members of the Italian Brands Basketball League, the first basketball association of Italian managers.

New Jersey’s Sicilians Welcome their President

The visit of Nello Musumeci, President of the region of Sicily, is a cause of celebration for New Jersey’s Sicilian community. It’s the occasion to reactivate the measures that have in the past kept alive the ties between Sicilian communities and their region of origin.

I.E.F. "Italy: Exporting Beauty"

The Italian Export Forum (IEF) met in New York to discuss the challenges and opportunities of promoting Italian companies and the Made in Italy brand abroad with a panel titled "Italy: Exporting Beauty," featuring various leading authorities from the private and public sector in Italy and the US.

Scientists Create First Organic Artificial Retina

The Italian Institute of Technology created the first completely organic artificial retina, which will help millions of patients regain their vision.

Nello Musumeci "USA first market for Sicilian agri-food"

Interview with the President of the Sicily Region, highly anticipated speaker at the first edition of the Italian Export Forum in New York, which opens January 27, 2020 with a panel entitled "Italy: Exporting Beauty".

The Duty of Fully Fulfilling One's Duty

The agenda of the Italian Antimafia Commission during its mission in the United States - from Washington DC to New York - is a busy one. Meetings with the DEA, the FBI, UNDOC, Congress, and the UN. We interviewed Pietro Grasso - former judge and former President of the Senate, member and 'historical memory' of the commission regarding US-Italy relations in the field of the fight against organized crime. We discuss the mission in the US, the Palermo Convention, Falcone, Pizza Connection, but also young generations and the importance of participation, of the 'Sardine' phenomenon - "Legality, freedom, truth, sense of duty and of state are at the core of my actions, even in politics."

Italian Export Forum: ‘A Home for Made in Italy in the World’

We met with Lorenzo Zurino, the Founder and President of Italian Export Forum (IEF) and CEO of “The ONE Company.” Zurino will be one of the panelists of IEF’s first New York edition, which will open with a panel titled “Italy: Exporting Beauty" on January 27, 2020.

American Consumers Expect High Quality Products from Italy

In the run-up to the Italian Export Forum due to open on January 27 at the SVA Theatre in New York, we interviewed Giovanni Colavita, CEO of Colavita USA, who will participate in the Forum’s panel entitled “Italy: Exporting Beauty”.

Being Successful in the U.S. Market: A Few Crucial Issues and 10 Quick Tips

In the run-up to the Italian Export Forum due to open on January 27 at the SVA Theatre in New York, we sat down with Rocco Totino, one of the participants to the Forum’s panel entitled “Italy: Exporting Beauty”. Rocco Totino is a Partner and leader of the Italian Practice at Grassi & Co., a New York-based, premier professional service organizations specializing in accounting, auditing, tax, technology, and business consulting services.

“We Need to Educate the Trade and the General Public”

In the run-up to the Italian Export Forum in New York (January 27, the SVA Theatre) we sat down with Gianfranco Sorrentino, who will participate in the Forum’s panel entitled “Italy: Exporting Beauty”. Mr. Sorrentino is Chairman President of "Gruppo Italiano" and owner of "Il Gattopardo Group".

“Stronger together”: The Secret of Promoting the Made in Italy Brand.

Meet Andrea Benetton, CEO of Cirio Agricola and Agricola Maccarese and one of the panelists at the Italian Export Forum’s highly anticipated New York edition on January 27, 2020.

“Il Giorno della Memoria” in New York

This January 27th, like every year, the Italian Cultural Institute, Centro Primo Levi, Casa Italiana Zerilli-Marimò at NYU, the Calandra Institute at CUNY and La Scuola d’Italia join the Consulate General of Italy in New York in commemorating the victims of the holocaust on the “Giorno della Memoria.”