Tax Recovery Rebates, Charitable Donations, and Coronavirus-Related IRA Distributions
In one of its most notable provisions, the CARES Act provides for direct payments to taxpayers with social security numbers. Beginning in 2020, “eligible individual” taxpayers will receive a tax credit equal to the sum of $1,200 for single filers ($2...
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Tax Relief to Employers Under the CARES Act
Among its various benefits and relief to employers, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) provides employers the ability to delay paying payroll taxes and receive tax credits for retaining employees through this difficult...
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Consumer and Tenant Protections Under the CARES Act
Title IV of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), which is entitled “Economic Stabilization and Assistance to Severely Distressed Sectors of the United States Economy” provides critical protections to consumers with rega...
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The CARES Act: Unemployment Benefits
The CARES Act creates a temporary unemployment benefits program for those who are unable to work as result of COVID-19. The Act extends the coverage to workers who are self-employed and working part-time, do not have sufficient work history for the r...
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SBA Loans and the $377 Billion Stimulus Approved for Small Businesses
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) comes with a $377 billion stimulus package specifically geared to small businesses affected by this national disaster. This package will provide relief to small businesses under a num...
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Force Majeure: Coronavirus (Covid 19) | Impact on Contracts
The Coronavirus effect is spreading across industries. Many sports activities are canceled. Annual meetings such as March Madness, Facebook’s F8, Mobile World Congress, and Auto Shows are canceled or organized online. The closure of the factories, th...
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Regulations Introduced in the Fight Against Coronavirus
To reduce the economic effects of the coronavirus, the US Congress has passed two packages so far. The negotiations for the third one continue. The following issues in these two packages are of interest to small businesses...
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F1 Visa Holders will be Employed Off-Campus
If you experience severe economic hardship due to COVID-19 circumstances as a F-1 Student, you may request off-campus employment authorization. If you meet certain regulatory requirements and therefore get approved for your employment request, you ma...
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Updates on Extension/Change of Status Applications
USCIS application, petition, or immigration requests are affected due to ongoing COVID-19 circumstances. Fortunately, USCIS made some changes in their regulations in order to make the processing run more smoothly. ...
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USCIS Adjusts Process for Managing EB-5 Visa Petition Inventory
U.S. Citizenship and Immigration Services today announced a process change for Form I-526, Immigrant Petition by Alien Investor, from a first-in, first-out basis to a visa availability approach....
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