News & Insights
For Purposes of the Employee Retention Credit, when is a Business Considered “Fully or Partially Suspended Due to a Governmental Order”?
Article effective based on date written: May 12, 2020 For businesses struggling as a result ...
Read More Considering Returning Funds from the Paycheck Protection Program? Here’s What You Need to Know.
Article effective based on date written: May 11, 2020 For those seeking to return funds ...
Read More My Deal Was Approved By High-Ranking Government Officials How Can I Not Have a Binding Contract?
Parties entering into contracts with corporations, limited liability companies, and other legal entities often require ...
Read More IRS Notice 2020-32: Should Taxpayers Deduct Expenses Resulting in Loan Forgiveness under the Paycheck Protection Program Despite the Contrary Guidance of the Internal Revenue Service?
Article effective based on date written: May 5, 2020 Takeaway: Although the Internal Revenue Service ...
Read More Reinforcing Compliance for the Paycheck Protection Program: What Recent Public and Political Developments Mean for Loan Recipients
Article effective based on date written: May 1, 2020 Takeaway: Recently implemented rules, public statements ...
Read More How the Internal Revenue Service’s People First Initiative and Existing Collection Procedures Offer Additional Tax Resolution Opportunities
Distressed Businesses, the Unemployed, and Others Experiencing Financial Hardship May Greatly Benefit if Action is ...
Read More Paycheck Protection Program: Understanding the Rules and Potential Options May Be Required to Maximize Loan Forgiveness
The Paycheck Protection Program (“the PPP”) has, by most accounts, been a great success in ...
Read More Will Business Interruption Insurance Cover Your Business’ Losses Resulting From COVID-19?
The answer to this question will depend upon the language of your policy. Most business ...
Read More Net Operating Losses under the CARES Act
A few key provisions of the recently enacted Coronavirus Aid, Relief, and Economic Security Act ...
Read More “No Harm, No Foul:” Suit to Set Aside Foreclosure Sale for Failure to Comply With Deed of Trust Doomed By Failure to Allege That Compliance Would Have Changed Outcome
The opinion of the Virginia Supreme Court of Appeals in Young-Allen v. Bank of America ...
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