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COVID-19 UPDATE

Dear Clients and Friends,

July 29th, 2020 - As we all continue to monitor the situation with COVID-19, we will keep this page updated with valuable, current information.  We are updating this page daily and invite you to share it as a resource with anyone you think might benefit.  With the President's signing of the Coronavirus Relief Bill, funds are available to aid in this crisis. We have updated our white papers (links below) with current information on the aid that this bill makes available.

BUSINESS OWNERS AND NON-PROFITS

We have developed a white paper <click here> that outlines the key developments from our State and Federal government. Our analytics team has developed this white paper as people and businesses are really confused with regard to messaging and how to manage through this. We are updating this document as we get more information from Washington D.C. and as we analyze how it may affect you. We welcome you to share the document and use it as a community resource so you can spend less time researching the latest and more time on navigating your personal finances and businesses through this crisis. 

If your business/organization needs deeper research or guidance, or would find ongoing support helpful during this crisis, our CFO/Advisory team is ready and able to help navigate these turbulent waters with you. In response to this crisis, our CFO/Advisory team is staying up-to-date on COVID-19 legislation and concentrating their efforts on helping clients create and implement successful strategies through the financial challenges.   Our experienced professionals have long-standing track records of partnering with business leaders to manage through uncertainty with management planning tools such as:

  • Cash flow forecasts (short-, mid-, long-term horizons),
  • Working-capital management plans,
  • Scenario modeling (financial statement stress test analysis),
  • Debt/capital structuring, concentration and capacity considerations,
  • Staffing analyses and employee communication tactics, and
  • Other operational, business network, and infrastructure responses.

Please call us at (541) 773-6633 to for more information or to schedule your appointment with our team.

INDIVIDUAL RELIEF & EMPLOYEE RESOURCES

The federal government and states are beginning to pencil initiatives to protect and assist those impacted by COVID-19. These initiatives are in their early stages, but are likely to spread with the economic impact of the virus. We will provide regular updates with respect to proposed stimulus measures as they change in this white paper <click here>.

KDP OPERATIONS AS OF JULY 29th, 2020

In compliance with Governor Kate Brown's June 29th Announcement, KDP has updated our operations.

We have made accommodations to meet or exceed the Oregon Health Authority guidelines in order to keep our employees and clients safe, and to do our part to help slow the spread of the coronavirus. We continue to encourage our clients to meet with us via phone or video conference. However, we are also meeting with clients in our offices. As per Governor Brown's directive, all visitors to KDP must wear masks. Any indoor face to face meetings with clients will be conducted with masks.

Through the challenges of this pandemic, we have never wavered in our commitment to providing you with exceptional service. We will continue to be available to you either virtually or in person. Please don’t hesitate to reach out to discuss how we can best serve you as we work our way through this next phase.

We are closely monitoring reporting on cases in our area and will keep you informed of any changes to our current operating protocol.  

As always, please feel free to contact us if you have any questions or concerns.

Mark E. Damon, CPA, Macc
Managing Partner
KDP Certified Public Accountants, LLP
Medford, Oregon

DOWNLOAD WHITEPAPER