In 2020, amidst the pandemic, New York‘s Department of Taxation and Finance issued three advisory opinions that addressed sales tax…
Client Advisory: We Continued to Protect our Clients’ Rights During COVID – January 6, 2021
After initial widespread court closures in March, the courts and counsel adjusted to a “new normal” by allowing litigation to…
Client Alert: IRS Guidance Confirms Non-Deductibility of Expenses Paid With PPP Loans Yet to Be Forgiven – November 20, 2020
On November 18, 2020, the IRS issued guidance to confirm its position that no deductions can be taken for expenses…
Client Alert: SEC Proposes Limited Broker Registration Exemption for Two Classes of “Finders”
On October 7, 2020, the Securities and Exchange Commission voted to propose a new limited, conditional exemption from the broker…
Webinar: Private Equity – Dry Powder and Portfolio Optimization During a Global Pandemic
In a year that began with robust middle-market M&A activity that was effectively halted by an unprecedented global pandemic, potential…
Client Alert: SEC Expands Definition of Accredited Investor
On August 26, 2020, the Securities and Exchange Commission (“SEC”) updated the definitions of “accredited investor” and of “qualified institutional…
Client Alert: SBA Releases Additional Interim Final Rule Regarding Forgiveness Qualifications Under the PPP – August 28, 2020
On August 24, the Small Business Administration released an additional interim final rule regarding forgiveness qualifications under the Payment Protection…
Client Alert: SBA releases updated guidance for the loan forgiveness process under the PPP – August 14, 2020
Late on August 11, the Small Business Administration (“SBA”) released updated guidance for the loan forgiveness process under the Payment…
Client Alert: Proposed Regulations On Carried Interests Would Impact Many Fund Managers – August 6, 2020
The IRS issued proposed regulations on July 31, 2020 to provide guidance that would impact many investment fund and hedge…
Client Alert: Essential State Planning Documents July 15, 2020
Lately we have been getting calls from existing clients and new clients asking if their estate planning documents need to…