Can I Sell My Business If I Have A PPP Loan?

What You Need to Know About PPP and Change of Business Ownership

Generally, the Small Business Administration (SBA) and Paycheck Protection Program (PPP) lenders must consent to certain changes in a borrower’s ownership that occur within one year of the …

Grantor Retained Annuity Trust – June Never Looked So Good

All Time Low 7520 “Hurdle” Rate For June Makes The “GRAT” A Very Attractive Estate Planning Strategy

June 2020 is shaping up to be a very attractive month for estate planning. As we maneuver through these uncertain times in light …

3 Critical Steps to Reopening Your Business Safely

Planning to Protect Workers and Avoid Lawsuits

One of the biggest questions facing businesses of all sizes, across all industries, as we attempt to reopen the economy is: how can I keep my employees safe and reduce the chance of …

Businesses Violating COVID-19 Orders May Face Criminal and Licensing Sanctions: Part 2

Fines, Loss of Insurance Coverage Are Possible Penalties for Noncompliant Entities

In Part I of discussing this issue (PA Businesses Violating COVID-19 Orders May Face Sanctions), information was provided concerning the criminal and licensing consequences that are possible …

PA Businesses Violating COVID-19 Orders May Face Sanctions

Criminal and Licensing Sanctions Are Among the Potential Legal Challenges Of Reopening Improperly

As Pennsylvania’s regions and counties move from the mandatory stay-at-home orders or “phase red” into aggressive mitigation of “phase yellow,” businesses have raised a multitude of …

Allegheny County Judicial Emergency Extended Until June

Several General and Practice-Specific Considerations Apply

On May 6, 2020, the Court of Common Pleas of Allegheny County extended its judicial emergency through June 1, 2020, consistent with the authority provided in the Supreme Court of Pennsylvania’s Order of April …

Employees Can’t Choose Unemployment Compensation Over Suitable Work

Furloughed Workers May Face Fraud Charges For Collecting Unemployment After Receiving Offer to Work

As businesses will soon begin to gradually reopen, the Pennsylvania Department of Labor and Industry, Office of Unemployment Compensation’s website  (www.pa.us.gov) tells Employers to …

Planning, Protection and Finance During A Pandemic

Webinar Topic: Planning Protection and Finance During a Pandemic

DESCRIPTION:

Your attorney, insurance agent, and financial advisor always recommend that you plan, plan, plan. But it’s hard to know what to do and when to do it. The COVID-19 global …

IRS Weighs-in on PPP Loans

PPP Borrowers Cannot Deduct Expenses Paid With Forgiven PPP Loan Proceeds

On May 1, the IRS released guidance addressing the deductibility of the expenses paid by businesses receiving a Paycheck Protection Program (PPP) loan. While the CARES Act provides that …

Governor Wolf’s Three Phase Plan To Reopen Pennsylvania

What Everyone Needs To Know Right Now

Pennsylvania Governor Tom Wolf has laid out a Three-Phase Plan for Pennsylvania (“the Plan”) to gradually reopen businesses and public spaces in the wake of his COVID-19 “stay at home” order. All of …