COVID-19: Pennsylvania Department of Revenue Tax Updates (April 14)
(Updated April 14, 2020) On March 20, 2020, the Pennsylvania Department of Revenue (DOR) released a series of tax alerts in response to the ongoing COVID-19 pandemic. Our team of attorneys briefly describes several of the material updates below. However, due to the rapidly changing nature of this pandemic, additional guidance will evolve and be […]
CARES Act: Tax Implications
(Updated April 10, 2020) On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act) was signed into law by President Trump. Although the CARES Act was drafted to predominantly assist small businesses, specific industries, and health care professionals; several of the CARES Act provisions were tax related. Our team of […]
U.S. Restricts Export of Personal Protective Equipment (PPE)
The U.S. Department of Homeland Security has announced a Temporary Final Rule (to be published and effective April 10, 2020), dealing with “Prioritization and Allocation of Certain Scarce or Threatened Health and Medical Resources for Domestic Use.” This Rule prohibits the export of enumerated personal protective equipment (PPE), including certain respirators, surgical masks and gloves. […]
COVID-19 and Unemployment Compensation: An Overview for Employers
The disruption to the economy caused by the COVID-19 (Coronavirus) pandemic has left many employers with difficult choices. Many businesses have been ordered to close, while others have seen a substantial decline in business. The results have included layoffs, furloughs and employee terminations. Congress has answered in several ways to help businesses and their employees. […]
COVID-19: Guidance for Personal Care Facilities
FLB’s Healthcare Group attorneys are here to support personal care facilities as they face challenges presented by the current COVID-19 (Coronavirus) outbreak. On March 9 and 13, 00, Centers for Medicare & Medicaid Services (CMS), in coordination with the Centers for Disease Control (CDC), issued guidance for infection control and prevention of COVID-19. Because of […]
COVID-19: PA Department of Health Order Directing Building Safety Measures
Since the Governor of Pennsylvania signed an Order Mandating Closure of All Businesses That Are Not Life Sustaining, many life-sustaining business and businesses operating under a waiver granted by the Department of Community and Economic Development have been struggling to implement appropriate new workplace/building safety rules and guidelines to keep employees and customers safe during […]
COVID-19 & Collections of Dues/Assessments: Guidance for HOAs
In 2022, over five million businesses were created, marking a 44% rise since 2019. Whether you’re one of these newer business owners or a seasoned proprietor, if you’re considering an exit strategy, M&A preparation is needed to help you be successful in conversations with prospective buyers and to achieve your goals.
CARES Act: Paycheck Protection Program Documentation Checklist
With the recent passage of the CARES Act, the expansion of SBA 7(a) (Paycheck Protection Program) loans has left many businesses wondering what they can do to take advantage this advantageous program. While we are awaiting regulations and guidance on the implementation of the Program, we anticipate the following documents may be required when applying […]
Help for Businesses Seeking Waiver/Exemption of Governors’ Orders (Deadline – April 3)
(Updated April 1, 2020) Due to the spread of COVID-19 (Coronavirus), on March 19, 2020, Tom Wolf, the Governor of the Commonwealth of Pennsylvania, in conjunction with the Pennsylvania Department of Health, issued an emergency Order mandating the closure of all “non-life-sustaining” businesses. Enforcement of the Order went into effect on March 23, 2020 at […]
COVID-19: Emergency Financing Options for Businesses (April 1)
(Updated April 1, 2020) The COVID-19 (Coronavirus) outbreak has left a lot of businesses struggling financially due to closures, reduced workload and supply chain issues. To assist businesses during these extraordinary times, local and federal resources are being allocated to provide various emergency funding options. This chart helps simplify the government financing options currently available, […]