RECENT POSTS
Corporate Transparency Act Year-End Deadlines Rapidly Approaching
As we previously communicated in a client compliance alert last November, the federal Corporate Transparency Act (the CTA went into effect on January 1, 2024) requires certain organizations including corporations, limited liability companies, and other
Update Regarding the Paycheck Protection Program
(as of December 22, 2020) On December 21, 2020, the U.S. Senate and the U.S. House of Representatives passed the Consolidated Appropriations Act of 2021, which includes the COVID-Related Tax Relief Act of 2020 (“COVIDTRA”).
IRS Announces Taxpayers May Not Claim Deduction for Expenses Paid by Forgiven PPP Loans
Additional Paycheck Protection Program Guidance Announced The Internal Revenue Service recently issued guidance stating taxpayers may not deduct otherwise deductible expenses that are paid with the proceeds of a Paycheck Protection Program (“PPP”) loan, if the payment
Paycheck Protection Program: SBA Imposes New Eligibility Requirement with Retroactive Effect
As of April 29, 2020 On March 27, 2020, Congress passed and the President signed into law the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), which is an approximately $2 trillion stimulus and
Congress Forges PATH in Tax Laws for Business, Individuals
Tax Law Certified Specialist (State Bar of California Board of Legal Specialization) by Michael Hackman 818.907.3279 Congress has avoided a government shutdown by agreeing to a new budget in its Consolidated Appropriations Act, and the
Government Shutdown & How It Affects Your Business
by Tal Grinblat & Stephen T. Holzer 818.990.2120 About 800,000 non-critical federal employees are out of the office today, and will remain out until Congress overcomes the impasse regarding the Affordable Care Act. In the meantime, the
Keith and Robyn Zimmet Honored for Dedicated Community Service
Keith Todd Zimmet, Managing Shareholder by Lewitt Hackman 818.990.2120 Recognizing 15 years of continued volunteer service, Viewpoint School in Calabasas, California gave special recognition to our Firm’s Managing Shareholder, Keith T. Zimmet, and his wife Robyn, on
California LLCs Singing a New Song – The Laws They Are a-Changin’
by Robert A. Hull One of the most sweeping changes to the California law governing limited liability companies is set to go into effect January 1, 2014, when California’s Revised Uniform Limited Liability Company Act
Business Succession Planning: The Shareholder, Operating or Partnership Agreement
by Robert A. Hull For many of us, one of our most valued assets, is our business. What happens when you or one of your business partners becomes disabled, divorces, retires or passes away? Will your
Buy Sell Agreements – Protecting Your Interests From the Four Ds
Trusts & Estate Planning by Kira S. Masteller 818.907.3244 Buy sell agreements are common estate planning tools for people with business partners. They ensure the continuity of the business in the event of the death,