A hypothetical situation illustrates why having an estate plan in place now can save many headaches later.
Many aspects of the CARES Act have been covered in prior GKH emails and website posts. This article addresses the key tax provisions of the CARES Act as they relate to businesses. Certain topics, such as the Paycheck Protection Program, are not covered here because they are limited primarily to business loan programs and do … Continued
The CARES Act, which stands for Coronavirus Aid, Relief, and Economic Stability Act, was signed into law on Friday, March 27, 2020. Among other things, the law includes funding for public health, small business loans, and relief for certain large businesses in struggling industries. Some of these provisions have already been covered in a recent … Continued
Welcome to the fourth installment of GKH’s COVID-19 Business Update. Our previous updates focused on the Families First Coronavirus Response Act, Governor Wolf’s order mandating the closure of non-life sustaining businesses, and further details and changes regarding those new laws. Today’s update will focus on the types of loans and other financial resources provided by … Continued
As we mentioned in our previous updates and articles about the Families First Coronavirus Response Act, most of the helpful exclusions, exceptions, and definitions for employers would be expanded upon in later guidance provided by the Department of Labor. Some of that guidance concerning the definition of “health care provider” under the Paid Leave and … Continued