Marie K. McConnell is a shareholder and Chair of the Firm’s Corporate, Business & Banking Group. Her practice focuses on commercial transactions, including commercial real estate acquisitions and sales, entity restructures, charter schools, for-profit and nonprofit mergers and acquisitions and organizational issues. She also has significant experience in counseling clients with respect to tax exemptions and tax assessment appeals.
Ms. McConnell merges an undergraduate background in economics and an LL.M. in taxation into her legal practice, resulting in thoughtful, business-oriented solutions that fit each client’s goals. She is a trusted advisor to her clients and values the personal relationships she has built over the years. Ms. McConnell is dedicated, driven and highly responsive.
Ms. McConnell brings the same passion with which she serves her clients to the Lehigh Valley community and the Firm itself. She is currently serving as 2021 President of CREW Lehigh Valley, the local 100+ member chapter of a 12,000 member global organization dedicated to transforming the commercial real estate industry by advancing women. Additionally, she is a member of the Firm’s Executive Committee as well as its Compensation, Hiring and Retention and Marketing Committees.
In 2019, Ms. McConnell was honored by Lehigh Valley Business as a Woman of Influence. In addition, her peers have recognized her as a “Super Lawyer – Pennsylvania Rising Star” each year since 2012, a designation awarded to only 2.5% of attorneys in Pennsylvania under 40. She was also recognized by the Greater Lehigh Valley Chamber of Commerce as the inaugural “Future Business Leader of the Lehigh Valley” in 2013.
She is local to the area, having grown up in Allentown.
There are roughly 21.6 million LLCs in the United States. In comparison, there are approximately 1.7 million traditional C-Corporations, and approximately 23 million sole proprietorships. IRS statistics show a year over year increase in domestic LLCs since 2004. There are many reasons that one would choose an LLC over other entity structures, including, without limitation, […]
The American Rescue Plan Act of 2021 (the “ARP”) is the latest in Coronavirus relief legislation. On March 10, 2021, the House of Representatives passed the bill as amended by the Senate. President Biden signed the ARP into legislation on March 11. Below is a summary of the provisions that will have a direct impact […]
When the CARES Act was passed in March 2020, one area that remained uncertain was the tax treatment of the Paycheck Protection Program (PPP) loan forgiveness and whether it would be treated as taxable income to borrowers who had this debt discharged. The way this forgiveness would be handled potentially affected the millions of businesses […]
On Monday, January 11, 2021, the U.S. Small Business Administration (the SBA) along with the Treasury Department re-opened the Paycheck Protection Program (PPP) for both new and existing borrowers. This article focuses on existing PPP borrowers and outlines the steps to take to apply for a second draw PPP loan. Business principals considering a PPP […]
On December 27, 2020, the Economic Aid Act was signed into law, which is intended to, among other things, continue providing assistance to companies and entrepreneurs whose businesses were adversely affected by the global COVID-19 pandemic. A key provision of the Economic Aid Act is an expansion of the already existing Paycheck Protection Program (PPP). […]