COVID-19

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The Internal Revenue Service has published two Frequently Asked Questions about how taxpayers can seek release of tax levies and federal tax liens due to hardship circumstances caused by the COVID-19 pandemic.  The FAQs can be found at the bottom of the IRS web page entitled “IRS Operations During COVID-19: Mission-critical functions continue,” which is…

Fox Rothschild attorneys Marissa Koblitz Kingman and Joseph A. DeMaria have published a client alert addressing the risks that state price gouging laws pose to retailers during states of emergency.  You can read their alert here.

Please check out Fox Rothschild’s coronavirus resource page, which is available here.

For more up-to-date coverage from …

On Tuesday, April 21, 2020, at 9:30 a.m. ET, Fox Rothschild partner Matthew D. Lee will present a webinar entitled “Federal Tax Enforcement in the Age of COVID-19.” The COVID-19 pandemic and the President’s declaration of a national emergency has upended the Internal Revenue Service’s enforcement agenda in a dramatic way, both in the short…

In response to the unprecedented public health crisis unfolding across the country, Fox Rothschild’s White-Collar Criminal Defense & Regulatory Compliance Group has assembled a COVID-19 Compassionate Release Task Force to assist with compassionate release cases of non-violent offenders in jails and prisons throughout the United States.

Close quarters, lack of access to appropriate health care

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The declaration of a national emergency can trigger insider trading inquiries focused on the owners of a stock portfolio, 401(k) plan or brokerage account if they sold before or after the emergency was declared.

Fox Rothschild’s Securities Industry Practice presents an informative session on how to respond when confronted with questions from investigators and an…

Providing additional relief to taxpayers affected by the COVID-19 pandemic, the Internal Revenue Service has extended a wide array of key tax deadlines for individuals and businesses to July 15, 2020. Last month, the IRS announced that taxpayers generally have until July 15, 2020, to file and pay federal income taxes originally due on April…

Our colleague Marissa Koblitz Kingman has authored a client alert addressing efforts by New Jersey Attorney General Gurbir Grewal to vigorously enforce the state’s price gouging law during the COVID-19 pandemic. Price gouging violations are punishable by up to a $10,000 fine for the first violation and $20,000 for the second and subsequent violations. Businesses…

The Internal Revenue Service today announced that distribution of economic impact payments will begin in the next three weeks and will be distributed automatically, with no action required for most individuals. However, some seniors and others who typically do not file returns will need to submit a simple tax return to receive the stimulus payment.…

Our colleagues Susan Foreman Jordan and Adam Grenker have published a client alert addressing various provisions in the recently-passed CARES Act which may afford financial relief to individuals with respect to their IRAs and retirement plan accumulations. You can read their alert here.

Please check out Fox Rothschild’s coronavirus resource page, which is available …