Feb. 21, 2021

Tax Treatment of PPP Loans – Where Do We Stand?

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 […]

Stephanie A. Kobal
Feb. 10, 2021

Office Romance – Navigating the Risks this Valentine’s Day Season

As we begin year two of a global pandemic, most in-person activities remain severely restricted, and many employees continue to work remotely. Given these restrictions, employers may be lulled into a false sense of security that risks posed by office romance are no more. This, however, is not the case. Rather, it is predicted that […]

Feb. 9, 2021

Pennsylvania Entities – Time to Get Your Decennial Filings Ready

It’s 2021, so that means it’s time for Pennsylvania businesses and organizations to get their decennial filings ready. Every ten years, Pennsylvanian entities must submit a decennial filing or decennial report during the years ending with the numeral “1”, (i.e., 2011, 2021, 2031). The objective of these filings is for the state to reissue names […]

Feb. 5, 2021

Maraleen Shields Secures Another Win for City of Allentown On Appeal

Shareholder Maraleen D. Shields secured another appellate victory for the City of Allentown. The case stemmed from a 2015 slip and fall on a pedestrian bridge in Joseph Daddona Park. In 2017, Plaintiff filed a complaint alleging that the City was negligent in its maintenance of the pedestrian bridge and failed in its duty to warn […]

Feb. 4, 2021

Residential Construction Contracts: Taking It Down to the Studs

As large numbers of Americans work from home during the pandemic, many homeowners are looking for ways to improve their current living situations through renovations and remodeling.  For those considering construction projects, as well as the contractors completing them, the construction agreement provides the contractual backbone for the conduct of the parties and should be […]

Feb. 2, 2021

Biden Administration Retracts the DOL’s Proposed Tip Pooling Rule

In the early days of President Joe Biden’s presidency, his administration has not wasted any time reviewing and, sometimes, revoking employment-related regulatory rules issued in the final days of the Trump administration. For example, the United States Department of Labor (DOL), at President Biden’s direction, withdrew three previously issued opinion letters on now-frozen rules related […]

Douglas J. Smillie
Feb. 1, 2021

Supreme Court Ends Debate Over Bankruptcy Question

In October of 2019, the Court of Appeals for the Third Circuit issued a decision addressing an often-asked question in bankruptcy: whether it is a violation of the automatic stay to retain a vehicle that was repossessed pre-bankruptcy? The Court of Appeals answered in the negative, as addressed in this article, posted on this site […]

Jan. 26, 2021

The Continually Evolving Business Privilege Tax

In 2018, the U.S. Supreme Court issued a decision that changed the face of business and expanded application of gross receipts taxes like the Business Privilege Tax (BPT). Prior to 2018, the Supreme Court had a simple and straightforward policy as to whether a state could tax business activity: if the taxpayer had no physical […]

Jan. 28, 2021

Fitzpatrick Lentz & Bubba Expands Family Law Group and Welcomes Three Shareholders

Fitzpatrick Lentz & Bubba, P.C. (FLB) is pleased to announce the addition of three highly regarded attorneys and shareholders. Lauren L. Sorrentino, Amy L. Kruzel and Catherine A. Curcio join the Firm as Shareholders in the Firm’s Family Law Group. Ms. Curcio will also be a member of the Real Estate & Land Use Group. Ms. […]

Jan. 13, 2021

Paycheck Protection Program Round Two – Are You Eligible to Pursue a Second Loan?

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 […]