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Brooks Pierce

Key Deadlines for Businesses Recovering from Hurricane Helene

Brooks Pierce on

With year-end nearing, this client alert summarizes the extension of important deadlines and rebuild considerations for businesses recovering from Hurricane Helene....more

Groom Law Group, Chartered

Small Business Administration Guidance Streamlines Process for Loans to ESOPs

In August of 2018, the Main Street Employee Ownership Act (“MSEOA”) became law as part of the John S. McCain National Defense Authorization Act. The intent behind the MSEOA was to promote the establishment of employee stock...more

Ballard Spahr LLP

IRS Guidance Provides COVID-19 Relief for Participants Taking Retirement Plan Distributions and Loans

Ballard Spahr LLP on

The IRS has released Notice 2020-50, which provides guidance to employers that have amended their retirement plans to take advantage of provisions under the CARES Act that provide access to special plan distributions, known...more

Stinson - Benefits Notes Blog

IRS Issues Additional Guidance on Coronavirus-Related Distributions and Plan Loans under CARES Act

On Friday, June 19, 2020, the IRS released Notice 2020-50 which provides additional guidance regarding the coronavirus-related distributions (“CRDs”) and coronavirus-related loans and loan repayment delays (“CR Loan Relief”)...more

Groom Law Group, Chartered

IRS Issues Anticipated CARES Act Guidance On Plan Loans and Distributions

On June 19, 2020, the Internal Revenue Service (“IRS”) issued Notice 2020-50, which provides clarity to plan administrators and participants on coronavirus-related loans and distributions following the passage of the...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

Beltway Buzz - May 2020

May the Fourth Be With You? Not so Much. As the Buzz discussed previously, Congress was scheduled to return to Washington, D.C., next week. This week, however, House Majority Leader Steny Hoyer (D-MD) announced that the U.S....more

Foley & Lardner LLP

Furloughs, Workforce Reductions, and Facility Closures Due to Coronavirus: Important Defined Benefit Plan Reporting Obligations

Foley & Lardner LLP on

Employers face unique legal and financial challenges in connection with the COVID-19 pandemic. One such challenge includes the impact of a potential furlough, workforce reduction, or facility closures on benefit plan...more

Morgan Lewis

CARES Act: Key Takeaways for the Technology Industry

Morgan Lewis on

President Donald Trump signed the $2.2 trillion Coronavirus Aid, Relief, and Economic Security Act (CARES Act or the Act) into law on March 27. The CARES Act aims to offer economic relief to companies and their employees due...more

Holland & Hart - Employers' Lawyers

Disclosing Employee's COVID-19 Status to Employer

Healthcare providers struggle to know if and when they may disclose a patient's COVID-19 status to an employer. The analysis differs somewhat depending on whether the healthcare provider is acting solely in its capacity as a...more

Foley & Lardner LLP

IRS Issues Guidance on Employee Retention Credits Under CARES Act

Foley & Lardner LLP on

On March 31, 2020, the IRS issued guidance on the Employee Retention Credits under the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”). The Employee Retention Credits are fully refundable tax credits...more

Morgan Lewis

CARES Act Analysis: US Senate Passes Coronavirus Aid, Relief, and Economic Security Act

Morgan Lewis on

Widely expected to pass both houses of the US Congress by March 27, and to be signed into law by the president, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) lays out a $2 trillion economic stimulus,...more

Morrison & Foerster LLP

Helping Handbook for Those Affected by Northern California Wildfires 2017-2018

This handbook provides an overview of some issues that individuals, families, and small businesses may face as a result of the wildfires, mudslides, and related disasters that hit Southern California in December 2017 and...more

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