by Demetrius Robinson | May 6, 2020 | Finance, Government
By Demetrius Robinson & Kevin O’Connor [5/13/2020 UPDATE: The SBA has issued new FAQ #47 extending the repayment date for the safe harbor to May 18, 2020] The SBA, in consultation with the Treasury Department, has extended the safe harbor date – created to...
by Kevin O'Connor | Apr 27, 2020 | Finance, Government
By Kevin O’Connor In reviewing the materials we’ve sent previously, we thought it might be helpful to focus a bit on three concepts, all of which are vital to understanding the Paycheck Protection Program (PPP) process under the Coronavirus Aid, Relief and Economic...
by Kate Hickner | Apr 22, 2020 | Finance, Government
By Kate Hickner Despite unprecedented federal appropriations and stimulus activity, businesses across the country are struggling to survive the economic crisis caused by the coronavirus pandemic. As expected, the federal government took important action on Tuesday to...
by Demetrius Robinson | Apr 21, 2020 | Finance, Government
Tax Alert: IRS Issues Additional Guidance on Tentative Carryback Adjustments for Net Operating Losses (NOL) Under the CARES Act By Demetrius Robinson & Kevin O’Connor On April 9, the IRS issued additional guidance related to carrying back net operating losses...
by Rob Gilmore | Apr 19, 2020 | Employment, Government
By Rob Gilmore & Lyndsay Ross While the COVID-19 crisis is ongoing, we are beginning to receive clarity as to the current state of employment law. The Department of Labor has issued regulations (and corrections) which fill in the holes left by the Families First...