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Search OptionsInsightsCARES Act Provides 100% Bonus Depreciation for Qualified Improvement Property
On March 27, 2020, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (the "CARES Act") to provide economic benefits to small businesses in response to the novel Coronavirus (COVID-19) pandemic. In addition to the widely… 
Understanding when a “Qualifying Need” for Paid Leave arises under the Families First Coronavirus Response Act
The Families First Coronavirus Response Act (FFCRA) contains two provisions entitling eligible employees to paid leave: (1) the Emergency Paid Sick Leave Act (EPSLA) and (2) the Emergency Family and Medical Leave Expansion Act (EFMLEA). Under both… IRS Extends 1031 Exchange Deadlines in Response to COVID-19 Pandemic
In response to the ongoing novel Coronavirus (COVID-19) pandemic, President Trump issued an emergency declaration under the Stafford Disaster Relief and Emergency Assistance Act (42 U.S.C. § 5121 et seq.) on March 13, 2020, which instructed the… 
Governor Holcomb Issues Additional Licensure Waivers to Increase Health Providers Available to Address COVID-19
On April 17, 2020, Governor Holcomb issued Executive Order 20-19 to expand the health care provider workforce available to battle Indiana’s COVID-19 spread. Specifically, the Executive Order expands the list of providers eligible to prescribe orders… 
IRS Provides Guidance For HSAs and Retirement Plans
The IRS provided special relief from the April 15, 2020, Federal income tax return filing and payment deadline in response to the ongoing COVID-19 emergency, in Notices 2020-18 and -17. That relief allows many individuals and businesses until July… 
Important Updates On PPP Loans - Recent SBA Guidance
This week the Small Business Administration (SBA) released guidance on two important topics of the Paycheck Protection Program: acceptable form of promissory note and required funding periods. The SBA and Treasury Department provided guidance through… 
COVID-19 Issues for Commercial Landlords
The novel Coronavirus (COVID-19) pandemic is impacting and will continue to impact commercial landlords in their leasing, management and operation of commercial real estate. This Alert outlines certain key issues commercial landlords may face in the… 
Q & A on Directors & Officers Insurance: Coverage for Liability due to COVID-19
The coronavirus of 2019 (COVID-19) has affected all businesses in one way or another. For public and privately held companies, a big question arises: what liability does the company have? If an employee, customer, shareholder, or third-party sues… 
OCR Relaxes Enforcement For Pandemic-Related Disclosures of PHI During Public Health Emergency
The Office of Civil Rights (OCR) at the U.S. Department of Health and Human Services (HHS) announced that effective April 2, 2020, it will not impose penalties against health care providers or their business associates for certain violations of the… 
IRS Provides Guidance on Process for Claiming COVID-19 Related Payroll Tax Credits
On March 30, 2020, the IRS issued a new tax form, and related instructions, for employers seeking to obtain advance payments of three new tax credits established under the Families First Coronavirus Response Act (“Families First Act”) and the… 
Indiana's Public Access Laws Further Suspended in Response to COVID-19
On March 16, 2020, Indiana Governor Eric Holcomb issued Executive Order 20-04, which contained certain exceptions to Indiana’s Open Door Law (“ODL”) and Access to Public Records Act (“APRA”). For further information concerning Executive Order 20-04,… 
You have been WARNed. Complying with the Worker Adjustment and Retraining Notification Act for COVID-19 Shutdowns
As many employers are considering temporarily shutting down their workplaces or laying off employees, it is important to ensure compliance with the Worker Adjustment and Retraining Notification (WARN) Act. The failure to comply could cost employers… |
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