By Matthew S. Adams, Matthew D. Lee and Christopher J. Pippett
The Small Business Administration (SBA) has opened the portal for applications for forgiveness of Paycheck Protection Program (PPP) loans…
Continue Reading Will You Be Ready for a Paycheck Protection Program Audit?
By Matthew D. Lee and Marissa Koblitz Kingman
Shortly after the Small Business Administration began accepting applications for Paycheck Protection Program (PPP) loans, two Rhode Island businessmen quickly applied for
On March 25, 2020, following the onset of the COVID-19 pandemic, the IRS unveiled its People First Initiative to provide wide-ranging compliance relief to taxpayers experiencing hardships relating to the…
Continue Reading Resources Regarding “People First Initiative” Available on IRS Website
Following up our post earlier today that the Tax Court will resume receiving mail on July 10, 2020, the Tax Court has issued another announcement regarding its operations. Also beginning…
Continue Reading U.S. Tax Court to Begin Accepting Hand Deliveries on July 10
Due to the COVID-19 pandemic, operations of the United States Tax Court have been severely impacted. The Tax Court’s building in Washington, D.C. has been closed since March 19, 2020,…
Continue Reading Tax Court Announces Resumption of Mail Delivery
Our colleague Jana Volante Walshak has published an article addressing the steps that businesses can take now to protect themselves against qui tam actions related to the CARES Act Paycheck…
Continue Reading Protecting Your Organization Against Paycheck Protection Program Qui Tam Actions
Our colleagues Oksana Wright and Charles DeMonaco have published an article in Corporate Compliance Insights discussing management and corporate compliance measures for companies to prioritize during the uncertainty posed by…
Continue Reading Fox Rothschild’s Securities Industry Group Members Oksana Wright and Charles DeMonaco Publish Article on Corporate Compliance Measures During the COVID-19 Crisis
In response to the COVID-19 pandemic, the IRS has granted foreign financial institutions a number of extensions on Foreign Account Tax Compliance Act reporting obligations due in 2020.
First, the…
Continue Reading IRS Grants Financial Institutions Temporary Reprieve from FATCA Obligations Due to COVID-19
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…
Continue Reading IRS Provides Critical Guidance on How to Obtain Tax Levy and Lien Releases Due to COVID-19 Hardships
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. …
Continue Reading Price Gouging Laws Triggered by States of Emergency Pose Risks for National and Local Retailers
