While most of the recent media coverage has been focused on the Economic Impact Payments for individuals and the SBA loan programs newly available, the CARES Act also includes several miscellaneous tax benefits for business. A summary of the additional tax provisions affecting businesses is outlined below. If you took…
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So you’ve heard about “payroll tax credits,” but which end is really up? Below is a summary of the various credits available, and which can be combined with other available benefits. First, it is important to understand that there are three different credits available. The first two are corresponding credits…
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This Employment Law Update was originally published on 3/20/2020 and has been updated with new information. For your convenience, information that has been added since our last update is underlined. As of April 3, 2020, there were more than 200,000 confirmed U.S. cases of COVID-19. That number is likely…
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Originally published by the Business Observer on April 3, 2020. EYE: Pandemic response As landlords, their tenants and lenders alike along across the region face an uncertain future replete with barren storefronts, incomplete build outs and looming mortgage payments, experts advise patience, careful consideration of relationships and, above all, communication.…
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In a Tampa Bay Business Journal article published on April 2, 2020, John Vento was quoted on trusting developers and contractors to take the proper precautions against Coronavirus on sites as not to jeopardize the project and risk them being shut down entirely. Although a statewide safer-at-home order is currently…
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Originally published by the Business Observer on April 2, 2020. More than a decade has passed since the mass layoffs of the 2008 financial crisis. In that time, unemployment has fallen to record lows in many parts of the country, especially Florida. But with the arrival of the coronavirus pandemic,…
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In its latest attempt to assist the economy and specific industries during the COVID-19 pandemic, on Friday, March 27, 2020, Congress passed and the President signed the Coronavirus Aid, Relief and Economic Security Act (a/k/a the “CARES Act”). This bill, which is 880 pages long, is complicated and covers many…
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The Coronavirus Aid, Relief, and Economic Security (CARES) Act provides an authorization level of $350 billion for the SBA 7(a) program through December 31, 2020. Unlike previous options for small businesses, the stimulus bill provides options for small businesses to obtain SBA 7(a) financing through banks. As many of you…
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Trenam Law is pleased to announce that twenty of its attorneys have been listed as Top Lawyers 2020 by Tampa Magazine. Earlier in the year, Tampa Magazine mailed close to 11,000 surveys to Florida Bar attorneys in Hillsborough County. During the peer nomination process, attorneys were asked to vote for…
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Cyber-criminals often use current events to trick businesses and individuals into disclosing their confidential information, and the COVID-19 pandemic is no exception. The Federal Bureau of Investigation (FBI) and Centers for Disease Control and Prevention (CDC) are warning of phishing emails and malicious websites that appear to provide information about…
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