Tax & Finance Considerations
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4% LIHTC Fix Helps Affordable Housing Industry
January 21, 2021 | Coronavirus Response Team
The affordable housing industry has used 4% Low-Income Housing Tax Credits (“4% Credits”) to fin...
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Employee Retention Tax Credit Expanded and Extended by New COVID-19 Stimulus: Does Your Business Qua...
January 15, 2021 | Blogs
The Coronavirus Aid, Relief and Economic Security (CARES Act), signed into law on March 27, establis...
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What’s in the Longest Bill Congress Has Ever Passed? Employee Benefits Provisions in the Consolid...
January 13, 2021 | Blogs
At 5,593 pages, the Consolidated Appropriations Act, 2021 (“Act”) is the longest bill ever passe...
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New and “Improved” Paycheck Protection Program (PPP) Reopens: Second Round Loans, Eligibility an...
January 11, 2021 | Coronavirus Response Team
The much anticipated and heavily politicized Economic Aid to Hard-Hit Small Businesses, Non-Profits,...
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Stimulus Package Includes Expanded Eligibility for News Organizations and Broadcasters
January 5, 2021 | Coronavirus Response Team
The $900 billion stimulus package signed into law by President Trump on December 27, 2020 as the Eco...
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New SBA FAQ Addresses Unease Surrounding PPP Loan Necessity Questionnaire
December 16, 2020 | Coronavirus Response Team
The Paycheck Protection Program (PPP) Loan Necessity Questionnaires are here to stay despite push ba...
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SBA Issues Loan Necessity Questionnaires for PPP Borrowers with PPP loans over $2 million
November 2, 2020 | Coronavirus Response Team
The Small Business Administration (SBA) circulated loan necessity questionnaires to Paycheck Protect...
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Hotels, Nursing Homes and Speculative Home Builders May Be Eligible for Main Street Lending Program
October 26, 2020 | Coronavirus Response Team
The Federal Reserve confirmed in its latest webinar that businesses who fall under exceptions to the...
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PPP Borrowers and Mergers & Acquisitions – New Requirements and Clarity from the SBA
October 6, 2020 | Coronavirus Response Team
The Small Business Administration (SBA) issued guidance on October 2, 2020 on when SBA approval is n...
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ARRC Pushes for Banks to Adopt Hardwired Approach to SOFR for LIBOR Cessation by October
September 11, 2020 | Coronavirus Response Team
On August 27, 2020, the Alternative Reference Rates Committee (ARRC) published its updated recommen...
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Using CARES Act Funding for Economic Development Purposes
September 8, 2020 | Coronavirus Response Team
Second-Order Effects that Cost Jobs and Closed Stores Can be Attacked with CARES Act Funding Guidanc...
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IRS Issues Payroll Tax Deferral Guidance to Clarify Employer Obligations
September 2, 2020 | Blogs
The Department of Treasury recently released guidance, Notice 2020-65, to clarify President Trump’...