JMBM Articles

Trusts & Estates Update on COVID-19 Tax Provisions for Individuals

For more information on how we can help you and your business, visit our COVID-19 Resource Center. Many clients have contacted us inquiring about their estate plan. We want to assure you that we are fully functional during this time and available to assist you with your personal and business legal needs. We hope that […]

Taxation 13 Tax Provisions in Recent COVID-19 Legislation: Implications for Businesses and Individuals

For more information on how we can help your business, visit our COVID-19 Resource Center. This JMBM Client Alert summarizes 13 of the most relevant business and individual tax provisions in recent legislation from the Families First Coronavirus Response Act (the “FFCRA”) and the Coronavirus Aid, Relief and Economic Security Act (the “CARES Act”). Many of […]

Corporate SBA Guidance Confirms Affiliation Rules Apply Under the Paycheck Protection Program

For more information on how we can help your business, visit our COVID-19 Resource Center. Last Friday, the SBA issued an Interim Final Rule and additional guidance on the SBA’s affiliation rules. The additional guidance clarifies that a majority of the affiliation rules typically applicable to business borrowers are also applicable in the context of […]

Intellectual Property Patent and Trademark Deadlines during the COVID-19 Outbreak

We are closely tracking the actions of the United States Patent and Trademark Office (USPTO) in response to the COVID-19 outbreak. The USPTO remains open for the filing of trademark and patent applications and other documents and JMBM remains available to assist you with your intellectual property needs. On March 31, 2020, following passage of […]

Corporate Client Alert: Further Paycheck Protection Program Update

For more information on how we can help your business, visit our COVID-19 Resource Center. On April 2, 2020, the Treasury Department published several updates to the Paycheck Protection Program (PPP) on its website. Among those listed are the revised guidance for borrowers, an updated Borrower Application Form, and an Interim Final Rule from the […]

Health Care and Labor & Employment COVID-19 Emergency Relief Bill: Implications for the Healthcare Industry

For more information on how we can help your business, visit our COVID-19 Resource Center. On Friday, the President signed the $2 trillion emergency aid bill passed by Senate earlier last week in response to the economic blow of the coronavirus outbreak. The legislation, called the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), is […]

Corporate Paycheck Protection Program Update

Since our last client alert on economic relief programs, the Treasury Department has issued additional guidance relating to the Paycheck Protection Program (including a sample PPP application, found here) and the new federal/Treasury loan program. To view the documents and guidance provided on the Treasury’s site, please click here. Of note from the guidance is […]

Labor & Employment Frequently Asked Questions: What Employers Need to Know About the FFCRA

Effective April 1, 2020 and continuing through December 31, 2020, covered employers need to begin complying with the mandates of the Families First Coronavirus Response Act (“FFCRA” or “Act”). You can find our original article explaining the FFCRA here. Since the law’s enactment on March 18, 2020, the Department of Labor has clarified and expanded […]

Corporate COVID-19 Economic Relief Programs Update

The Paycheck Protection Loan Program The program streamlines the Small Business Administration (SBA) loan process for businesses affected by the COVID-19 outbreak. The loan is non-recourse except to the extent that the borrower uses the proceeds for a purpose not authorized under the act and no personal guaranty is required. The typical SBA requirement that […]

Corporate COVID-19 Relief Programs

Congress and the White House are currently debating the specifics of a new stimulus bill and they are expected to agree on the form of the bill this week. California businesses and their employees have been particularly affected by recent mandatory closures and safety measures imposed to help slow the spread of COVID-19, and any […]