Webinar: Wealth Tax Outlook Under Biden Administration Webinar
Topic: The Tax Outlook for High Net Worth Individuals in 2021 Date and time: Jan 27, 2021 02:00 PM in Eastern Time (US and Canada) REGISTER HERE
Topic: The Tax Outlook for High Net Worth Individuals in 2021 Date and time: Jan 27, 2021 02:00 PM in Eastern Time (US and Canada) REGISTER HERE
You’ve probably heard about the massive new Consolidated Appropriations Act(CAA), which provides direct payments to eligible individuals and contains other provisions to help mitigate the effects of COVID-19. But it also provides several tax-relief measures related to qualified disasters. Here’s a summary of the key provisions. Deduction Rules for Personal Qualified Disaster Casualty Losses For 2018 […]
Before President Trump signed the latest economic stimulus law, several temporary COVID-19-related federal tax relief measures were set to expire on December 31, 2020. This article explains the current status of eight important temporary relief measures and whether the Consolidated Appropriations Act (CAA) extended them. Note: The tax changes explained in this article are found in the […]
The Consolidated Appropriations Act (CAA) extends, liberalizes and expands the Paycheck Protection Program (PPP). Originally established by the CARES Act, the PPP expired on August 8, 2020. Now the CAA resurrects it. Here are the most important things small businesses should know from this section of the new law. Second-Draw Loans Under the new law, eligible […]
On Wednesday, January 20, 2021 at 10:00 AM PT / 1:00 PM ET, join Andrew J. Sommer and Megan S. Shaked for a webinar regarding California Employment Law Update for 2021: New Legal Requirements and Practical Compliance Strategies Every HR Professional and Manager Should Know. 2021 brings significant changes for California employers, from legislation and Cal/OSHA rulemaking associated with COVID-19 prevention […]
In some families, the decision of who to pick as an executor is done based on tradition or culture. The oldest child or the oldest male is automatically made the executor. But this may not be the best choice — because it can cause family resentment and the individual may not be suited to the task. […]
Are you concerned that one of your best employees will leave to join a competitor? Your worries may be eased if the employee signs a “covenant not to compete” as part of an employment agreement. The covenant (also called a “non-compete clause” or “non-compete agreement”) is enforceable against a departing employee as long as certain conditions […]
On January 7, 2021, President-elect Joe Biden announced his much-awaited choice for nominee to serve as Secretary of Labor, selecting Boston Mayor Marty Walsh. Mayor Walsh made his mark as a labor leader, ultimately heading the Building and Construction Trades Council from 2011 to 2013. Mr. Walsh was also a full-time legislator, serving in the Massachusetts […]
The legal landscape facing employers seems as difficult to navigate as it has ever been. Keeping track of the ever-changing patchwork of federal, state and local laws governing the workplace may often seem like a full-time job whether you are a human resources professional, in-house attorney or business owner. Change appears to be the one […]
By: Kara M. Maciel, Eric J. Conn, and Beeta B. Lashkari On January 7, 2021, President-elect Joe Biden announced his much-awaited choice for nominee to serve as Secretary of Labor, selecting Boston Mayor Marty Walsh. Mayor Walsh made his mark as a labor leader, ultimately heading the Building and Construction Trades Council from 2011 to 2013. Mr. Walsh was […]
President Trump signed the Consolidated Appropriations Act (CAA) into law on December 27, 2020. The legislation adds a few new tax breaks for businesses and extends a bevy of other business breaks that were set to expire at the end of 2020. Note: The tax changes explained in this article are found in sections of the CAA, […]
The massive COVID-19 relief bill signed by President Trump on December 27, 2020, contains a variety of tax breaks and authorizes direct payments to eligible individuals (see right-hand box). The law is titled the Consolidated Appropriations Act of 2021 (CAA) but two sections of it are called the COVID-Related Tax Relief Act (COVIDTRA) and the Taxpayer […]