X
20Nov

IRS Issues Guidance on PPP Loans and the Employee Retention Credit in M&A Transactions

Dealmakers loathe uncertainty. In addition to the challenges of analyzing impacts of COVID-19 on a business and on closing transactions generally, they must navigate myriad issues arising from use of government stimulus loans, grants and other programs – in many cases without clear answers. We have discussed the recently released rules from the Small Business Administration (SBA) for acquiring control of a business that received a loan under one of the most popular stimulus programs, the...
By: White and Williams LLP
Source Url: https://www.jdsupra.com/legalnews/irs-issues-guidance-on-ppp-loans-and-70373/

Related

OFCCP Issues FAQ Guidance on Selection Tools, Practical Significance, and Independent Contractors

The U.S. Office of Federal Contract Compliance Programs (OFCCP) released two new FAQs this week.  Th...

Read More >

Liquidated damages following Supreme Court decision in Honey Bees

A liquidated damages clause appears in nearly all construction contracts (for example, 10.5 of NZS 3...

Read More >

Employee Of Private Contractor A Public Employee??

The United States Court of Appeals for the Second Circuit has held that an employee of a private con...

Read More >

G2 Corporation to Pay $55,000 to Settle EEOC Sex Harassment Suit

Female Employee Physically and Verbally Harassed By Supervisors, Federal Agency Charged - DALLAS - ...

Read More >

Employment Law Checklist Project: No Discrimination for Sexual Orientation, Unless You’re a Religious Institution

One of the quirks of discrimination law in Connecticut concerns sexual orientation.  Back in 1991, t...

Read More >

Washington Supreme Court Weighs in on the Weighty Question of Weight

In Taylor v. Burlington Northern Santa Fe Railway Company, the Washington Supreme Court recently hel...

Read More >