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Blog - April, 2020

News

On Friday March 27, 2020, the President signed into law, the Coronavirus Aid, Relief, and Economic Security Act (H.R. 748) or “CARES Act,” providing for, among other things, the Paycheck Protection Program (“PPP”). The U.S. Small Business Administration (“SBA”), in consultation with the U.S. Department of the Treasury, has issued responses to frequently... read more

On Wednesday, April 22, 2020, President Trump signed a proclamation to temporarily suspend certain employment-based, family-based, and other immigrants from entering the United States for 60 days from the proclamation’s effective date of April 23, 2020.  This suspension applies only to foreign nationals outside of the United States as of April 23 who do not possess an immigrant visa... read more

On Friday March 27, 2020, the President signed into law, the Coronavirus Aid, Relief, and Economic Security Act (H.R. 748) or “CARES Act,” providing, among other things, authority to the Board of Governors of the Federal Reserve System (Federal Reserve) to establish a Main Street Lending Program that supports lending to small and mid-sized businesses on such terms and conditions as... read more

On Friday March 27, 2020, the President signed into law, the Coronavirus Aid, Relief, and Economic Security Act (H.R. 748) or “CARES Act,” providing for, among other things, the Paycheck Protection Program (“PPP”). On Thursday April 2, 2020, the U.S. Small Business Administration (SBA) issued an interim final rule the (“Initial Rule”), announcing the... read more

On Friday March 27, 2020, the President signed into law, the Coronavirus Aid, Relief, and Economic Security Act (H.R. 748) or “CARES Act,” allowing for, among other things, a deferral by employers of the deposit and payment of the employer's share of social security taxes through December 31, 2020. On Friday April 10, 2020, the IRS posted on its website FAQs to address specific... read more

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