PPP Loan: Unemployment and Return to Work Issues – Legal and Accounting Perspectives Join your trusted regional partners, FML and UKS, for a round table discussion on the most pressing aspects of this essential program. Thursday, May 21, 2020 - 11 a.m. EDT Join FML and UKS as we bring our expertise to our round table discussion designed to illuminate concerns on what reopening means for your business practice and bottom line. The presenters will tackle the legal and accounting implications ...
News & Events
Southington Chamber | Positioning Your Business For Success When Connecticut Re-Opens Its Economy
Wednesday - May 20, 2020 | 2:00 p.m. via ZOOM Webinar This webinar will focus on practical considerations for getting back to business, including: Employment Law – Return to Work Issues/Making Your Business Safety Compliant Navigating The Intersection of SBA and CARES ACT Relief Taxes – Filing, Declaring Losses, Deferring Payment of Payroll and Property Taxes, Saving Cash and Obtaining Forgiveness Under the Paycheck Protection Program Government Relief – Relief Certificat ...
Greater New Britain Chamber | Positioning Your Business For Success When Connecticut Re-Opens
As Connecticut businesses prepare to re-open their doors, you have to ask yourself, “Are we ready to go?” The Greater New Britain Chamber of Commerce wants to make sure that you are. The Greater New Britain Chamber’s Education Committee is presenting a series of webinars at noon next Monday through Thursday with the information you need to be certain that you are ready to go. We will be presenting those in the know to you. Here’s the schedule: Monday: 05/18 Thorough Cleaning of the Offi ...
Connecticut’s Higher Education Subcommittee Releases Recommendations for Phased Reopening of Colleges and Universities
On May 6, 2020, the Higher Education Subcommittee released a report (the “Report”) detailing recommendations for the reopening of Connecticut’s colleges, universities and boarding schools (together “Schools”). The Report intends to provide recommendations to Governor Lamont that his administration can use to issue formal guidelines for the reopening of colleges and universities. A full copy of the Report can be accessed at https://portal.ct.gov/-/media/Office-of-the-Governor/News/20200506-Recomm ...
TEFRA Hearings and Ability to Purchase Own Tax-Exempt Bonds During Pandemic
TEFRA Hearings under the Tax Equity and Fiscal Responsibility Act of 1982 The IRS announced in Revenue Procedure 2020-21 that, in light of the COVID-19 pandemic, TEFRA hearings for private activity bonds may be accessed by telephonic means instead of in-person hearings required under Section 147(f) of the Internal Revenue Code of 1986, as amended (the “Code”) and Treasury Regulation Section 1.147(f)-1. Revenue Procedure 2020-21 offers the following requirements and guidance to utilize this temp ...
REOPENING CONNECTICUT: THE STATE’S GUIDELINES FOR PHASE 1
On May 9, 2020, Governor Lamont released detailed protocols that certain businesses will be required to follow, in order to open under the first phase of Connecticut’s reopening plans amid the COVID-19 pandemic. Currently, Phase 1 is set to take effect on May 20th. Under Phase 1, the following businesses are eligible to reopen in accordance with the guidelines and subject to certain limitations: restaurants (outdoor seating only); offices; hair salons and barbershops; retail stores; and outd ...
Treasury and Small Business Administration Expand Paycheck Protection Program Safe Harbor
May 13, 2020 As originally discussed in our May 6, 2020 Client Alert, the Department of Treasury and SBA issued additional guidance concerning the safe harbor for Paycheck Protection Program Loan recipients relating to the need-based certification contained in the loan application. To briefly recap, the safe harbor generally provides that recipients of Paycheck Protection Program Loans have until May 14, 2020 to return their Paycheck Protection Program Loan if they feel they are unable to provi ...
Tolland County Chamber | Positioning Your Business For Success When Connecticut Re-Opens Its Economy
Thursday - May 14, 2020 | 2:00pm via ZOOM Webinar This webinar will focus on practical considerations for getting back to business, including: Employment Law – Return to Work Issues/Making Your Business Safety Compliant Navigating The Intersection of SBA and CARES ACT Relief Taxes – Filing, Declaring Losses, Deferring Payment of Payroll and Property Taxes, Saving Cash and Obtaining Forgiveness Under the Paycheck Protection Program Government Relief – Relief Certification, Frau ...
Supreme Court Clarifies Requirements for Obtaining Trademark Infringer’s Profits
In a rare trademark infringement case considered by the United States Supreme Court, the Court held, in a unanimous decision, that willfulness was not a prerequisite to obtaining an infringer’s profits pursuant to 15 U.S.C. § 1125(a). The opinion resolved a split of the Circuit Courts of Appeal and made clear that although an infringer’s state of mind is relevant to the determination of whether a court should award an infringer’s profits, such an award is permissible even in the absence of a fin ...
UKS COVID-19 | Notice Requirements under the WARN Act
With the ongoing COVID-19 crisis in full swing, state governments are imposing serious restrictions on people and businesses in an effort to slow the spread of the virus. There is great uncertainty regarding when restrictions will be lifted and whether the modification of restrictions will permit businesses to re-open. Employers are facing increasingly difficult decisions about the viability of their businesses, what to do with their existing workforce, and how to proceed if restrictions conti ...