by CGS3 | Apr 15, 2021 | Coronavirus, COVID-19, New Laws
Music venues, movie theaters, and museums may be eligible for a new federal grant program, which is available in addition to the Paycheck Protection Program created by Congress last year. The new $1.25-billion grant is part of the American Rescue Plan Act of 2021,...
by CGS3 | Apr 1, 2021 | Coronavirus, COVID-19, New Laws
Additional federal assistance is now available to the beleaguered restaurant industry struggling during the COVID-19 pandemic. The American Rescue Plan Act of 2021, signed by President Joe Biden on March 11, 2021, has set aside $28.6 billion for businesses operating...
by CGS3 | Jan 18, 2021 | Coronavirus, COVID-19, Tax
Latest Tax Changes Included in the Consolidated Appropriations Act 2021 Eligible businesses can now apply for a second PPP loan following the passage of the Consolidated Appropriations Act 2021, which was signed into law on December 27, 2020. The latest spending bill...
by CGS3 | Dec 16, 2020 | Commercial Leasing, Coronavirus, COVID-19
The commercial real estate sector has gone through industry-wide changes during 2020, and many expect the modifications to last. As many businesses struggle to stay afloat, commercial landlords are more willing to accommodate tenants that have been severely impacted...
by CGS3 | Sep 23, 2020 | Commercial Leasing, Coronavirus, COVID-19, Distressed Assets
While residential eviction restrictions remain in place throughout California due to the passage of Assembly Bill 3088, those protections do not apply to commercial landlords. Commercial eviction restrictions are easing, and landlords interested in pursuing an...
by CGS3 | Jul 24, 2020 | Coronavirus, COVID-19, Tax
As part of continuing efforts to address ambiguities encountered in the CARES Act, on June 5, President Donald Trump signed the Paycheck Protection Program Flexibility Act into law, amending the original Paycheck Protection Program and offering further clarity on its...
