Tax and Wealth Advisor Alert: IRS Extends More Tax Deadlines to Cover Individuals, Trusts, Estates, Corporations and Others

5 years ago

To help taxpayers, the Department of Treasury and the Internal Revenue Service (IRS) announced April 9, 2020, that Notice 2020-23…

New Guidance from the SBA: $100,000 Cap Does Not Apply to Benefits, and Payroll Costs Should Be Calculated on a Gross Basis

5 years ago

On April 6, the SBA updated its Paycheck Protection Program Loans Frequently Asked Questions, which provides much needed guidance to…

Should a Contractor Stop Work Due to Nonpayment?

5 years ago

As owners and contractors feel the bite of shrinking revenues due to the economic slowdown, contractors are bound to see…

Businesses Should Not Overlook Economic Injury Disaster Loans

5 years ago

Although not getting as much attention as forgivable Paycheck Protection Program loans, Economic Injury Disaster loans are a viable alternative…

Tax and Wealth Advisor Alert: Individual Tax Relief and Retirement Plan Access Provisions in the CARES Act

5 years ago

On March 27, 2020, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) in response to…

Tax and Wealth Advisor Alert: Estate Planning During the COVID-19 Crisis–Ensuring Your Documents are Legally Enforceable

5 years ago

The estate planning team at O’Neil Cannon is safely helping clients create estate plans, or update existing estate plans, during…

Loan Frustration Continues for PE and VC Companies

5 years ago

Many companies controlled by private-equity firms and venture-capital firms still have not received clearance to apply for emergency loans through…

CARES Act Temporarily Increases Debt Limitation for Small Business Debtors

5 years ago

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) provides much-needed assistance to small businesses affected by the coronavirus…

Companies Owned by PE and VC Firms in Limbo over PPP Loans

5 years ago

Many companies owned by private-equity firms and venture-capital firms are in jeopardy of being ineligible to apply for Paycheck Protection…

SBA Issues Further Guidance on Paycheck Protection Program

5 years ago

On the night of April 2, 2020, the SBA issued additional guidance with respect to the Paycheck Protection Program.  The…