by CGS3 | Apr 7, 2020 | Coronavirus, COVID-19, IRS, Tax
In an unprecedented move, the IRS and the California Franchise Tax Board extended the tax filing and payment deadlines for most Americans. While it is a relief to taxpayers, the new rules and various extensions are making an already complicated tax structure even more...
by CGS3 | Apr 3, 2020 | Commercial Leasing, Coronavirus, COVID-19, Disputes
The number of tenants seeking rent relief will undoubtedly continue rise in the coming months, especially as retail traffic continues to skydive nationwide amid the COVID-19 pandemic. Real estate experts say landlords are confronting a surge of potential tenant...
by CGS3 | Apr 2, 2020 | Coronavirus, COVID-19, Insight Alert, IRS, Tax
Americans coping with the impact of the coronavirus (COVID-19) outbreak received some relief as both the Internal Revenue Service (IRS) and the California Franchise Tax Board (FTB) recently took unprecedented steps to delay tax filing and payment deadlines. However,...
by CGS3 | Apr 2, 2020 | Commercial Leasing, Coronavirus, COVID-19, Disputes, Litigation
Landlords are left juggling rent and mortgages as state and local officials shut down businesses and residents are ordered to stay in their homes as part of the nationwide response to the current coronavirus pandemic. As more states and cities impose temporary...
by CGS3 | Apr 1, 2020 | Coronavirus, COVID-19, Disputes, Insight Alert, Litigation
As part of California’s response to the coronavirus (COVID-19) pandemic, on March 19, 2020, California Governor Gavin Newsom issued an executive order requiring everyone in California to stay in their homes. This follows his March 16thdirective calling for the...
by CGS3 | Mar 30, 2020 | Commercial Leasing, Coronavirus, COVID-19, Distressed Assets, Insight Alert
As the COVID-19 pandemic continues to unfold, commercial landlords should act promptly to ameliorate the impact of the economic disruption on tenants. If they have not already received them, landlords will certainly receive tenant requests for rent relief and lease...
