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Small Business Business Losses

Robins Kaplan LLP

Crack the Code: Evaluating Cyber Claim Exposure

Robins Kaplan LLP on

Small businesses account for 99.9 percent “of all American businesses,” with more than 33.1 million small businesses employing a staggering 61.7 million Americans. There is nothing “small” about their import to the economy or...more

White and Williams LLP

Inflation Reduction Act

White and Williams LLP on

On August 16, 2022, President Biden signed the Inflation Reduction Act of 2022 (“IRA”) into law. While much of the legislation is geared towards climate change mitigation, clean energy, and provisions to promote health care...more

Moore & Van Allen PLLC

As States Begin to Ease COVID-19 Restrictions, How Are Businesses Faring in Business Interruption Coverage Disputes?

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When state and local governments began issuing shutdown and stay-at-home orders a little over a year ago, it was difficult to fathom how long businesses would be struggling to operate within the boundaries of the...more

K&L Gates LLP

COVID-19: Massachusetts Proposed Bills Addressing Coverage for Small Businesses – A Different Approach

K&L Gates LLP on

COVID-19 has left its indelible mark on the nation’s economy. As the pandemic continues, lawmakers in many jurisdictions are proposing legislation that would assist businesses in securing insurance coverage for...more

Pillsbury Winthrop Shaw Pittman LLP

“Job One” for Congress: What to Expect in the Next COVID-19 Relief Bill

Senator Mitch McConnell expresses new interest in passing a COVID-19 relief package in the lame-duck session. Despite agreeing on the need for a COVID-19 relief package, Republicans in the Senate and Democrats in the House...more

Troutman Pepper

Navigating Adapted Operations Advisory Series: Part Two - Insurance Coverages Concerns and PPP Loan Requirements

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Who Needs to Know - Employers who are reopening (or have already reopened) by bringing employees back to their workplaces. Why It Matters - Bringing a workforce back to the workplace, whether from teleworking,...more

K&L Gates LLP

COVID-19: Growing Number of U.S. States Propose Legislation Requiring Insurers to Pay for COVID-19-Related Losses Incurred by...

K&L Gates LLP on

Businesses around the world are currently reeling from the economic impact of the coronavirus (“COVID-19”) pandemic. In an effort to mitigate the financial effects of the virus, a growing number of U.S. states have proposed...more

Burr & Forman

Congress Retroactively Removes Limits on Excess Business Losses in CARES Act Affected Taxpayers Should Apply for 2018 and 2019...

Burr & Forman on

While the Coronavirus has delayed tax season by a few months, Congress’s response may have created the first ever refund season in the recently passed and much discussed relief package known as the Coronavirus Aid, Relief,...more

Burr & Forman

Congress Retroactively Removes Limits on Excess Business Losses in CARES Act, Affected Taxpayers Should Apply for 2018 and 2019...

Burr & Forman on

While the coronavirus has delayed tax season by a few months, Congress’s response may have created the first ever refund season in the recently passed and much discussed relief package known as the Coronavirus Aid, Relief,...more

Goodwin

Business And Individual Income Tax Provisions Of The Cares Act

Goodwin on

On Friday, March 27, Congress passed, and the President signed, the bipartisan “Coronavirus Aid, Relief, and Economic Security Act” (the “Act”), a $2 trillion economic stimulus plan to provide funding and tax relief to...more

Jackson Walker

The CARES Act: Tax Relief and Incentives

Jackson Walker on

Friday, March 27th, the President signed into law the Coronavirus Aid, Relief and Economic Security (CARES) Act. The CARES Act contains significant tax relief for individuals and businesses. Below are the tax highlights....more

Carlton Fields

States Introduce Emergency Laws Seeking to Retroactively Expand Business Interruption Insurance for Small Businesses to Include...

Carlton Fields on

New Jersey, Ohio, and Massachusetts have proposed legislation to provide a means for businesses to recover losses related to the coronavirus if the business is of a certain size and had business interruption insurance at the...more

Vedder Price

Business Considerations: CARES Act Corporate Governance, Compensation and Employee-Related Obligations

Vedder Price on

On March 27, 2020, the President signed into law the Coronavirus Aid, Relief, and Economic Security Act or CARES Act (the “Act”). Subtitle A of Title IV of the Act, the “Coronavirus Economic Stabilization Act of 2020, creates...more

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