On Friday, April 10, the IRS released Notice 2020-23 (the Extension Notice), which extended certain deadlines for federal tax-related obligations that fall on and between April 1 and July 14 of this year.
The offers are popping up everywhere: “Buy a protective face mask on our website and we will donate a mask to a hospital or a community in need” or “Retweet this message and we will donate $1 to a COVID-19 relief fund.”
With many banks and credit unions electing to limit Paycheck Protection Program (PPP) loans to existing customers, many nonbank lenders are scrambling to fill the gap and take part in the $349 billion program prior to the end of the application period on June 30, 2020.
In general, under current law, one who donates cash or property to charity may claim a tax deduction if the donor itemizes deductions in determining his or her tax liability.
On April 10, the District of Columbia enacted the COVID-19 Response Supplemental Emergency Amendment Act of 2020 (the Act).
On April 9, the Federal Reserve took the following actions to provide up to an additional $2.3 trillion in economic aid to support the economy during the coronavirus pandemic.
Just a few short months after the Seventh and Eleventh Circuits narrowly interpreted the definition of an automatic telephone dialing system (ATDS), the Second Circuit declined to fall in line, instead adopting the Ninth Circuit’s broad interpretation of an ATDS as set forth in Marks.
On April 3, 2020, New York Governor Andrew Cuomo signed into law legislation creating completely new, non-COVID-related sick leave entitlements for employees throughout New York state.
On April 7, 2020, Los Angeles Mayor Eric Garcetti issued an emergency order requiring nonmedical essential workers to wear nonmedical-grade face coverings while working.
California employers faced with difficult layoff decisions were provided additional guidance by the Department of Industrial Relations (DIR) regarding the state’s new notice requirements for mass layoffs.