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20 Apr 2020, 10:38 am by Eric A. Posner
The court held that the order as applied in this instance violated the U.S. and Kentucky constitutions, and Kentucky law. [read post]
Out of administrative convenience, the IRS imposes a de minimis exemption on these transactions in 26 U.S. [read post]
17 Apr 2020, 8:03 am by Neumann Law Group
Small Business Administration to distribute to small businesses, defined as having less than 500 employees—calculated by the average number of employees over the preceding twelve months. [read post]
17 Apr 2020, 3:00 am by Jim Sedor
The American Association of Political Consultants says it is unconstitutional for its members to be excluded from the small business loans provided by the CARE Act, which Congress passed in response to the coronavirus pandemic. [read post]
16 Apr 2020, 4:24 pm by Bijal Vira and Nirav Bhatt
Small Business Administration (SBA) issued its Third Interim Finale Rule[1]   with respect to the Paycheck Protection Program (PPP), as enacted under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. [read post]
16 Apr 2020, 10:05 am by Guest User
Below is a summary of some of the key provisions for owners and managers of businesses to be aware of while navigating the coming weeks.Small BusinessesAll businesses under 500 employees are eligible for loans from the Small Business Administration. [read post]
16 Apr 2020, 7:56 am by Kristian Soltes
Legal and Regulatory Developments SPOTLIGHT: Small Business Lending: Paypal, Intuit, Square to Facilitate SBA Paycheck Protection LoansInternational Business Times – April 14, 2020 A number of fintech firms, including PayPal Holdings Inc., Square Inc. and Intuit Inc., have retooled their lending programs and begun facilitating Small Business Administration Paycheck Protection Program loans through major U.S. banks. [read post]
15 Apr 2020, 11:20 am by Colleen McDonald
Underlying credit exposures are one of the following: Auto loans and leases; Student loans; Credit card receivables (both consumer and corporate); Equipment loans and leases; Floorplan loans; Insurance premium finance loans; Certain small business loans that are guaranteed by the Small Business Administration; Leveraged loans; or Commercial mortgages. [read post]
15 Apr 2020, 10:58 am by Jeremy Grant, Paul Rosenzweig
” The Treasury Department, the Small Business Administration (SBA) and other agencies are scrambling to figure out how to validate the identities of citizens and small business owners who are eligible for new benefits under the CARES Act, as are firms that participate as lending partners with the SBA. [read post]
15 Apr 2020, 2:00 am by Steven K. Ludwig, Esquire
Small Business Loans The CARES Act creates the Paycheck Protection Program (PPP) within the Small Business Administration, which provides emergency loans (PPP loans) through June 30, 2020, to most employers with fewer than 500 employees. [read post]
13 Apr 2020, 11:56 am by Adam Klein, Benjamin Wittes
Nearly 10 years ago, we published in the Harvard National Security Journal a long article about preventive detention—that is, detention justified in law by the need to prevent future harm, rather than as punishment for a past crime. [read post]
13 Apr 2020, 6:30 am by Cassandra Rice
By Cassandra Rice Since the passage of the Coronavirus Aid, Relief and Economic Security CARES Act, the Small Business Administration (SBA) and the U.S. [read post]
12 Apr 2020, 5:00 pm
Even amid a shutdown, there is mail to read, bills to pay – the flotsam and jetsam of any small business. [read post]
12 Apr 2020, 5:00 pm
Even amid a shutdown, there is mail to read, bills to pay – the flotsam and jetsam of any small business. [read post]
           “We want workers to work, not to become dependent on the unemployment system,” Scalia wrote with Small Business Administration chief Jovita Carranza. [read post]
10 Apr 2020, 10:59 am by Shannon O'Hare
Throughout April, the Small Business Administration and the Treasury Department have issued evolving guidance on numerous issues related to the SBA Loans. [read post]