The SBA issued new guidance in the form of additional FAQ’s today, May 13, 2020. Specifically, the SBA provided additional information regarding how it will evaluate the “good-faith certificatio...
SBA Issues More Guidance on the PPP Loan
The SBA, continuing the trend, has issued more guidance regarding the PPP loan. A few of the highlights are below: (1) How to handle employees who refuse to return: The SBA provided specific steps tha...
Minnesota Governor Tim Walz Extends Stay at Home Order to May 18, 2020
Minnesota Governor Tim Walz signed an executive order extending the Stay at Home order from May 4, 2020 to May 18, 2020. Although the Stay at Home order is extended, the restrictions on non-critical b...
Paycheck Protection Program Loan Alert
When the CARES Act established the Paycheck Protection Program (PPP) loan program, many businesses were left wondering: (1) are loan amounts forgiven considered taxable income; and (2) can a business ...
Texas Temporarily Allows For Appearance Before Notary Public Via Videoconference For Real-Estate Instruments
Texas Governor Greg Abbott recently suspended certain statutes that normally require an individual to appear before a notary public in person for real-estate instruments such as mortgages and deeds. T...
Minnesota Sends Certain Non-Critical Sector Employees Back to Work
Late Thursday the Governor of Minnesota, Tim Walz issued Executive Order 20-40 allowing certain non-critical sector businesses to go back to work, with certain restrictions. Specifically, the order al...
Self-employed Individuals and the PPP Loan
Ready, set, go. The SBA and banks have started accepting applications for the Paycheck Protection Program loan (PPP) from Self-Employed individuals, including those with sole proprietorships and/or ...
Alert: Impact of COVID-19 on Company Filings
Individuals and businesses in Minnesota should take note that the Minnesota Secretary of State has reduced its operations due to COVID-19 for the foreseeable future. Specifically, the Minnesota Secr...
The CARES Act and Your Retirement
The CARES Act made significant changes to retirement planning for 2020 and beyond, including providing new emergency sources of funds for qualifying individuals. Specifically, the CARES Act made the...
Texas Temporarily Suspends Certain Statutes To Allow Videoconference Notarization
Texas Governor Greg Abbott recently suspended certain statutes that normally require an individual to appear before a notary public in person to election documents such as a self-proved will, a durabl...