Resources

The PPP Flexibility Act (the “Act”) would change the 75/25 rule. The Act states: “To receive loan forgiveness under this section, an eligible recipient shall use at least 60 percent of the covered loan amount for payroll costs, and may use up to 40 percent of such amount for any […]

On June 3, 2020, the Senate approved the House-passed Paycheck Protection Program Flexibility Act (the “Act”) and the bill now heads to President Trump for enactment. The Act brings much needed relief to recipients of Paycheck Protection Program (“PPP”) loans. Extension of PPP • The Act extends the PPP program […]

With the COVID-19 pandemic turning life upside down, social media is abuzz with people looking to prepare their Last Will and Testament.  Inevitably, someone will respond to the post and recommend that the individual draft their own.  While the Internet provides the do-it-yourselfer with a plethora of forms of drafting […]

On March 27, 2020, the President signed the $2 trillion stimulus package as part of the third phase of the federal government’s response to the COVID-19 pandemic.  The “Coronavirus Aid, Relief, and Economic Act” or “CARES Act” includes cash relief for individuals, lending to small businesses and relief for certain […]