Insights

On March 18, 2020, in response to the COVID-19 pandemic, the Treasury Department (“Treasury”)  and the IRS issued Notice 2020-18 extending the due date for filing income tax returns and making income tax payments to July 15, 2020 from April 15, 2020. ACTEC Seeks Postponement…
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On April 1, 2020, the Department of Labor (DOL) issued temporary regulations to implement public health emergency leave under Title I of the Family and Medical Leave Act (FMLA), and emergency paid sick leave for COVID-19 related reasons.  Both types of leave were created by…
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In a blog post we published last week, we discussed the U.S. Small Business Administration’s (the “SBA”) issued revised criteria for states (or territories) seeking an “economic injury declaration” related to COVID-19, which were released on Tuesday, March 17, 2020. The SBA expected the revised criteria would…
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Late on Tuesday, March 31, 2020, the Small Business Administration (the “SBA”) updated their site with further information regarding 7(a) Loans under the Paycheck Protection Program. After the passage of the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) on Friday, March 27, 2020,…
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  The recently passed Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) has important provisions for small businesses under what is called the “Paycheck Protection Program,” which addresses temporary changes to 7(a) loans  [P.L. 116-136.] Under the program, the Small Business Administration (“SBA”) will…
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The Coronavirus Aid, Relief, and Economic Security (“CARES”) Act includes two very important payroll tax provisions: an Employer Payroll Tax Delay and an Employee Retention Payroll Tax Credit. Employer Payroll Tax Deferral What it is: For the remainder of the year, employers may elect to…
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Back in July of 2017, I posted a piece entitled “Trademark Tales: Covfefe® Really?” My focus was on the increasing trend in which opportunistic knuckleheads believe that they can lock down exclusive rights in a word or phrase that has suddenly gone viral—a belief contrary…
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