Blogs

A number of our clients have asked us to analyze whether Housing co-ops are eligible for the Paycheck Protection Program (“PPP”).1 On April 2, the Small Business Administration (“SBA”) issued its Interim Final Rule (“IFR”), meant to give guidance as...

We know that this is a scary time and that a lot of you have businesses that are being affected by the Covid-19 shutdowns. While this is a rapidly developing situation, we want to provide you with the most up...

Below is a brief overview of the Paycheck Protection Program to answer some of your most immediate concerns. Who is eligible? A small business with fewer than 500 employees (the 500-employee threshold includes full-time, part-time, and independent contractors); A 501(c)(3)...

What's the deal with Delaware? For years companies have flocked to the state in order to incorporate, despite the fact that very few of those corporations are actually headquartered there. You may have heard that Delaware's tax laws are particularly...

Legal fiction has become passé. At least in the eyes of the Treasury Department. The US Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has targeted legal entities with ties to money laundering schemes by requiring legal entities opening new accounts...