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, [...]
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Many of our clients have applied and been approved for Paycheck Protection Program (“PPP”) loans under the CARES Act. One of the primary benefits of a PPP loan is that all or a [...]
The CARES Act waives the required minimum distribution rules for IRAs during 2020. The waiver is not applicable to defined benefit plans (i.e. pensions). Example: While employed, Larry [...]
Dated April 1, 2020. The information in this post is subject to change upon the SBA’s issuance of guidelines regarding the Paycheck Protection Program Application. Initial Chart Who needs [...]
The Federal Government has provided small businesses impacted by the coronavirus pandemic with access to two federal assistance programs made available through the Small Business Administration [...]
