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On April 9, 2020, the Internal Revenue Service (IRS) issued Notice 2020-23, extending certain time-sensitive deadlines under the Internal Revenue Code. Like the IRS deadline extensions announced in late March, this new Notice follows President Trump’s March 13thdeclaration instructing Treasury Secretary Mnuchin to provide relief from tax deadlines for Americans adversely […]
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Monthly Archives: April 2020
Flexibility is the key word in today’s real estate environment as buyers and sellers try to incorporate new strategies into the structure and negotiation of their purchase and sale agreements. Since the impacts of the coronavirus pandemic are likely to be felt for the foreseeable future, it’s not too soon […]
The impact of the COVID-19 pandemic on construction projects is being felt by developers, contractors, subcontractors and suppliers up and down the labor and material supply chains. In this age of stay-at-home orders, closure of nonessential businesses and social distancing requirements, players in the construction sector are attempting to navigate through […]
If your construction project has been deemed essential even in the midst of a pandemic, then new health regulations are not the only things you should be aware of. Most of the current industry standard construction contracts cover terminations and force majeure clauses, as well as other legal defenses that […]
The passing of the unprecedented CARES Act is a testament to the immense threat small businesses are facing amid the COVID-19 pandemic. The $2.2-trillion emergency aid relief package is the largest in U.S. history, intended to help those requiring financial assistance with certain operational costs. Some businesses will be eligible […]
