Insights

In a move sure to further strain the relationship between landlords and tenants in the COVID-19 era, it has now been reported that the New York State Senate is close to finalizing a bill enacting a blanket...

Individuals suffering financially during the current COVID-19 pandemic can avoid tax penalties by accessing their retirement savings. Typically, taxpayers who withdraw funds from a standard retirement account before age 59½...

The U.S. Treasury Department and Internal Revenue Service (“IRS”) released guidance which reiterates and clarifies the tax treatment of expenses where a PPP loan has not been forgiven by the end of the year the loan was...

COVID-19’s Impact on Contractual Relationships and Obligations In follow up to a previous discussion on force majeure provisions, we reviewed how Coronavirus will affect contractual relationships and obligations....

The pandemic has underscored the necessity of having a plan in place in the event of untimely death, in an effort to minimize taxes and maximize the value of one’s estate. While the coronavirus’ impact is far-reaching and...