Below is an overview of current tax laws compared to the proposed plan put forth by Democratic Presidential Nominee Joe Biden. Overall, Biden’s proposed plan could result in substantially more [...]
Under an amendment to the Bankruptcy Code triggered by the CARES Act, Chapter 13 debtors are permitted to extend their Chapter 13 plan terms from a maximum of five (5) years to seven (7) years, [...]
With the new normal of employees working remotely, employers should consider that these workforce strategies may have significant unexpected state tax implications and could create potential tax [...]
So far 2020 has been filled with great uncertainty. However, two things are certain through the end of 2020 – (1) we know the tax rules and the planning implications for individuals, and (2) we [...]
The Irrevocable Spousal Trust: A Pain-Free Strategy for Large Gifts
In Tax and Estate Planning PostedThe Irrevocable Spousal Trust is an irrevocable trust that you and/or your spouse create during your lifetime for the ultimate benefit of your children. The trust is structured to be funded using [...]
The transition period for the United Kingdom to leave the European Union ends on December 31, 2020, the Exit Date. This has implications for European trademarks and applications for which [...]
If your company is collecting personal data about California residents and meets ONE of the following criteria, it must be compliant with this new law. Does your company: Have $25 million in [...]
Employer Alert: How School Reopening Plans Affect Paid Leave Under the Families First Coronavirus Relief Act
In Employment and Labor PostedWe’ve previously written about the changes to paid leave law brought about by the Families First Coronavirus Relief Act (FFCRA) and how the new law impacts employers as they reopen. As [...]
On August 26, 2020, the United States Court of Appeals for the Third Circuit issued its ruling in In re: Tribune Company, et al., a Chapter 11 bankruptcy case involving the operator of well-known [...]
Many people are already familiar with federal financing programs available in the wake of the COVID-19 pandemic, such as the Paycheck Protection Program (PPP) and Economic Injury Disaster Loans [...]