Dear Clients, We’re writing to update you regarding key property tax, tax incentives and essential construction information for your properties and development projects. RPIE Deadline Extended: The NYC Department of Finance extended the Real Property Income & Expense form RPIE-2019 filing deadline to July 1. The new Storefront Registry is also due with the RPIE. […]
Earlier this month, Caplin & Drysdale warned foreign individuals present in the United States of the potential unintended U.S. tax consequence of quarantines and travel restrictions put in place due to COVID-19. Additionally, taxpayers who intended to qualify for the foreign earned income and housing exclusions, but who felt forced to leave their foreign country […]
Real Estate across the globe has taken a huge hit by the Corvid-19 crisis as businesses and retailers close indefinitely, while customers are locked in their homes. In the US […]
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April 21, 2020 Pursuant to an April 15, 2020 Order from the Pennsylvania Secretary of Health, all businesses remaining open during the COVID-19 pandemic that have employees going into work, must follow certain health and safety practices to limit further spread/exposure. Some are common sense, but some are much more stringent such as requiring temperature screenings […]
In Atlantic Richfield Co. v. Christian et al., Slip Op. No.17-1498, April 20, 2020, landowners sued Atlantic Richfield in State Court alleging nuisance, trespass and strict liability under Montana law, and among other things, sought restoration damages. Their restoration plan went beyond what EPA required to protect human health and the environment. The Court held […]
An Expert’s Guide to Explaining the SBA Paycheck Protection Program, Economic Injury Disaster Loans, and NYC Loan/Grant Programs Please join us on Thursday, April 16, 2020, at 1:00 PM – 2:00 PM (ET) for a webinar that covers everything attorneys need to know about the CARES Act, PPP, and EIDL loans. Robert Hoberman, CPA, Managing Partner of Hoberman and Lesser, will […]
On March 27 2020, Congress enacted the CARES Act, a key component of which is the Paycheck Protection Program (“PPP”). PPP authorized up to $349 billion in forgivable loans to small businesses to allow them to pay their employees during the COVID-19 crisis, as well as certain other expenses, such as rent. Rosenberg & Estis, P.C. has […]
In response to the COVID-19 pandemic, the CARES Act was signed into law on March 27, 2020, with immediate effect. The scale of the CARES Act is enormous. It contains relief measures for businesses and individuals amounting to $2 trillion. For small businesses, the most important part of the CARES Act is the $350 billion […]
Dear Clients, Pursuant to the Governor’s Executive Orders 202.8 and 202.14, the New York City Loft Board (the “Loft Board”) has further extended the filing deadline for documents until May 7, 2020. A copy of the Loft Board’s updated COVID-19 service notice is linked. In addition, in response to the public health crisis caused by COVID-19, […]
The “Coronavirus Aid, Relief, and Economic Security Act” (CARES Act) was enacted by Congress on March 25, 2020 to provide “emergency assistance and health care response for individuals, families and businesses affected by the 2020 coronavirus pandemic.” One key feature is the creation of a $349 billion loan program for small businesses, including 501(c)(3) non-profits […]
LIVE STREAMING on Thursday, April 9, 2020, at 12 PM (ET) Law Firm Life Savers: What You Need to Know to Keep Your Practice Running During COVID-19 Please join us on Thursday, April 9, 2020, at 12:00 PM – 2:30 PM (ET) as we discuss everything you need to know to keep practicing law during COVID-19. […]
Not long ago, hiring an attorney was a lot like visiting a doctor. If you needed legal help, you would drive to your local law office. The building’s windows or signage would be emblazoned with two words: “Law Office,” often lacking identifying names or law firm branding. You would check in with a receptionist, pour […]