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Business and International Tax Blog

Business and International Tax Developments Blawg
Posts from March 2020.

The COVID-19 pandemic has brought many challenges to employers across the country as they deal with sudden economic hardship and restrictions on their operations. We’ve put together some information that relates to benefits issues that we hope answers some of the common questions we are seeing.

Can employees remain on our group health plan if they are furloughed?   

  • The answer will depend mostly on the terms of the plan document and how eligibility is defined. For example, eligibility under group health plans often depends on the number of weekly or monthly hours worked by an ...
Categories: Benefits, COVID-19

In response to the overwhelming economic impact of the COVID-19 pandemic on the U.S. economy, on Friday, March 27, 2020, after prior approval by the U.S. Senate and House of Representatives, the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act” or the “Act”) was signed into law by President Trump.

This document focuses on the portion of the Act pertaining to SBA loans, particularly to the extent relevant to small and mid-sized businesses. In the event any applicable regulatory or other guidance is issued as this pandemic evolves, we will provide an update.

Categories: Corporate, COVID-19

Many states and cities across the United States have issued “stay at home” or “shelter in place” orders, effectively forcing all “non-essential” businesses to close physical operations and cease doing business unless their employees can work remotely. Business owners, landlords and tenants are now reviewing commercial leases, construction contracts, loan agreements, and other commercial contracts to determine whether force majeure provisions are implicated. This alert analyzes some of the potential consequences of the COVID-19 pandemic on force ...

Categories: Corporate, COVID-19

In recent days, both Georgia Governor Brian Kemp and Atlanta Mayor Keisha Lance Bottoms have issued Executive Orders in response to COVID-19 that have constrained many businesses and industries. However, at this time, the construction industry has not been directly constrained, as public and private projects are allowed to continue to move forward throughout Atlanta and the State of Georgia.  Governor Kemp has even suspended statutory waiting periods for contractors to use private firms for code inspections and plan reviews, recognizing that county and municipality ...

Categories: Construction, COVID-19