Property Tax Deadlines Extended
In response to the Covid-19 pandemic, some county governments have extended deadlines for payment of property taxes or waived interest and penalties for late payment. The relief has been ad hoc with different measures enacted by different counties.
Employee? Independent Contractor?
Health clubs face difficult decisions when determining whether to retain personal trainers, instructors, therapists, and other workers as employees or independent contractors.
Converting a Traditional IRA to a Roth IRA
Question: With the past and perhaps an impending further drop in the stock market, does it now make sense to convert my traditional IRA to a Roth IRA?
U.S. Supreme Court Holds That Title VII Prohibits Workplace Discrimination Based on Sexual Orientation or Gender Identity
On Monday, June 15, 2020, the U.S. Supreme Court issued a landmark decision holding that Title VII of the Civil Rights Act of 1964 prohibits discrimination in the workplace based on an employee’s sexual orientation or gender identity.
Federal Bankruptcy Court Rules Gov. Pritzker’s Executive Order Triggered Lease’s “Force Majeure” Provision
Last week, a Chicago-based federal bankruptcy judge ruled that Gov. Pritzker’s Executive Order addressing the COVID-19 pandemic triggered a lease’s “force majeure” provision entitling a tenant to a rent reduction.
Paycheck Protection Program Flexibility Act of 2020
Earlier today, President Trump signed the Paycheck Protection Program Flexibility Act of 2020 (“PPPFA”). The PPPFA addresses the problem many employers were facing with the ability to seek loan forgiveness based upon restrictions under the Paycheck Protection Program (“PPP”) enacted earlier this year.
Accessing Retirement Plan Funds Under the CARES Act
Question: My wife lost her job as a result of her company downsizing during the pandemic
and our family is now down to one income. Is there an effective way to tap our retirement accounts for the shortage of funds we now have without undue tax cost?
Leveraging the Current Environment to Meet Business and Estate Planning Goals
Recent events have led to weighty economic issues in the United States and around the world. While this will continue to cause anxiety and present serious challenges, the current situation has also created a significant opportunity to maximize wealth transfers and avoid transfer taxes. Two factors have converged to make this opportunity.
The Proliferation of Class Action Lawsuits Amid the COVID-19 Pandemic
The COVID-19 pandemic has drastically disrupted all businesses, employers and government entities. Indeed, virtually the entire global economy has been affected. Shutdowns, the need for social distancing and efforts to contain the spread of the virus has led to the closing of businesses and the cancellations of services and events.
What Happens in California Doesn’t Necessarily Stay in California (Part II)
This is the second of two articles on the effect that California law can have on businesses throughout the country and even abroad. Last month’s article delved into California’s recently enacted “AB5” statute which provides an “ABC” test to determine if a worker/service provider is an independent contractor or an employee.