By: Scott Borsack On December 20, 2020, leaders in the House and Senate announced that a deal had been reached on additional COVID-19 relief to individuals and businesses. We are breaking down the major changes and what they mean for your business. IRS Policy Reversed – PPP Borrowers May Claim PPP Eligible Expenses as [...]
By: Jeffrey Hall With the advent of the worldwide COVID-19 pandemic, local government in New Jersey has had to scramble to continue to function while greatly restricting public access to government buildings and public meetings. Within weeks of Governor Murphy’s issuance of emergency orders, the Division of Local Government Services (DLGS) of the Department [...]
By: Scott Borsack Late last week the Small Business Administration released additional guidance under the Paycheck Protection Program affecting borrowers with loans of no more than $50,000. The SBA created another forgiveness application form (3508S) for eligible borrowers which exempts them from the potential reductions in the amount of spending eligible for forgiveness. Borrowers [...]
Szaferman Lakind Partner Stuart Tucker recently took part in the Mercer Vicinage Landlord Tenant Public Information Seminar addressing Landlord/Tenant issues as it relates to COVID-19. COVID-19 has placed many people, both tenants and landlords in impossible positions. As the virus still remains in New Jersey and around the country, many people remain unemployed and [...]
By: Lionel Frank On July 23rd, the U.S. Department of Justice, Antitrust Division, approved a request from Eli Lilly and Company, AbCellera Biologics, Amgen, AstraZeneca, Genentech, and GlaxoSmithKline, to share information about manufacturing facilities and other relevant information that they say could expedite the production of monoclonal antibody treatments to treat COVID-19. The approval [...]
Attorney Lindsey Moskowitz Medvin didn’t let a pandemic prevent her from presenting at a Career Day at Marlboro Elementary School in Marlboro, New Jersey. When the schools shut down, the school administration worked hard to be able to turn career day into a virtual event for the students and it was a huge success! [...]
By: Brian Heyesey Many have heard the common line used by GEICO in its commercials: “15 minutes could save you 15% or more on car insurance.” Although I have never looked into whether that is true, I can tell you with confidence that taking 15 minutes to make a small change to your auto [...]
By: Scott Borsack The SBA released a revised application for forgiveness early this morning making changes necessitated by the PPP Flexibility Act. New guidance and a new EZ form with separate instructions were introduced as well. As for the application, some notable changes include: The application is now five (5) pages long without all of [...]
By: Michael Paglione The Governor has just lifted the stay-at-home order and many of us will be returning to a life of relative normalcy. That means more people will be driving and there will be more accidents. Now is a good time to check your auto insurance policy to make sure you are properly [...]
By: Scott Borsack In the wee hours of the morning of June 11, 2020 the SBA released interim final guidance revising the first guidance that they issued following the enactment of the CARES Act. This was the first of what likely will be several revisions to guidance that resulted from the passage of the [...]
