Insights

If there is one word that can describe tax planning for a broad cross-section of America this year, it would be “hesitant.” Let me assure you it’s completely understandable – tax planning can mean spending money now to take advantage of a deduction, credit, or…
Continue Reading

Late in the evening of Monday, December 21, 2020, Congress passed the Consolidated Appropriations Act—a holiday gift to the tune of $900 billion—which contains the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act. For businesses and independent contractors that considered or participated in…
Continue Reading

On December 21, 2020, Congress passed the much anticipated COVID-19 relief legislation (Consolidated Appropriations Act, 2021 (“CAA, 2021”), sending the bill to President Donald Trump to sign. In CAA 2021, Congress delivered clarity to PPP loan borrowers in confirming that business expenses paid with the…
Continue Reading

On December 21, 2020, Congress passed the much anticipated COVID-19 relief legislation (Consolidated Appropriations Act, 2021 (“CAA, 2021”), sending the bill to President Donald Trump to sign. This relief bill provides for stimulus checks to be mailed to many Americans, a second round of Paycheck…
Continue Reading

Ok, I admit it.  This blog post began purely out of selfishness. I read about the Government’s seizure early this month of $1 billion worth of bitcoin, which the Government justified on the grounds that the bitcoin bore a relationship to a now-shut-down website called…
Continue Reading

When higher-ups in the Department of Justice intervened in the sentencing phase of the criminal case against Trump campaign worker Roger Stone, the reactions of most Americans depended, at least in part, upon their personal political views. As a white-collar criminal defense lawyer, I viewed…
Continue Reading

In one of our prior blogs, we predicted the first round of COVID-19 business interruption coverage litigation would battle over the issue of whether closure orders result in “physical loss or damage” sufficient to trigger coverage. Indeed, one of the first courts to have considered…
Continue Reading