Congress recently passed the economic stimulus package referred to as the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act1”), the Paycheck Protection Program and Health Care Enhancement Act (“PPPHCE Act”),...more
6/30/2020
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Certifications ,
Commercial Tenants ,
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Economic Injury Disaster Loans ,
Families First Coronavirus Response Act (FFCRA) ,
Federal Reserve ,
Hotels ,
Interim Final Rules (IFR) ,
Loan Forgiveness ,
Main Street Expanded Loan Facility ,
Main Street Lending Programs ,
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Marinas ,
Midsize and Large Business Loans ,
Pandemic Unemployment Assistance (PUA) ,
Pandemic Unemployment Emergency Compensation (PUEC) ,
Paycheck Protection Program (PPP) ,
Paycheck Protection Program Flexibility Act of 2020 (PPPFA) ,
Relief Measures ,
SBA ,
Small Business ,
Small Business Loans ,
Tax Credits ,
U.S. Treasury
Congress recently passed the economic stimulus package referred to as the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act1”), the Paycheck Protection Program and Health Care Enhancement Act (“PPPHCE Act”),...more
6/30/2020
/ Applications ,
CARES Act ,
Coronavirus/COVID-19 ,
EBITDA ,
Economic Injury Disaster Loans ,
Eligibility ,
Families First Coronavirus Response Act (FFCRA) ,
Federal Pandemic Unemployment Compensation (FPUC) ,
Federal Reserve ,
Interim Final Rules (IFR) ,
Main Street Expanded Loan Facility ,
Main Street Lending Programs ,
Main Street New Loan Facility ,
Main Street Priority Loan Facility ,
Midsize and Large Business Loans ,
Net Operating Losses ,
Paycheck Protection Program (PPP) ,
Paycheck Protection Program Flexibility Act of 2020 (PPPFA) ,
Relief Measures ,
SBA ,
Small Business ,
Small Business Loans ,
Tax Credits ,
U.S. Treasury ,
USDA
Congress recently passed the economic stimulus package referred to as the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act1”), the Paycheck Protection Program and Health Care Enhancement Act (“PPPHCE Act”),...more
6/30/2020
/ CARES Act ,
Coronavirus/COVID-19 ,
Distributors ,
EBITDA ,
Economic Injury Disaster Loans ,
Eligibility ,
Families First Coronavirus Response Act (FFCRA) ,
Federal Reserve ,
Interim Final Rules (IFR) ,
Main Street Expanded Loan Facility ,
Main Street Lending Programs ,
Main Street New Loan Facility ,
Main Street Priority Loan Facility ,
Manufacturers ,
Midsize and Large Business Loans ,
Net Operating Losses ,
Pandemic Unemployment Assistance (PUA) ,
Paycheck Protection Program (PPP) ,
Paycheck Protection Program Flexibility Act of 2020 (PPPFA) ,
Retailers ,
SBA ,
Small Business ,
Small Business Loans ,
Tax Credits ,
U.S. Treasury
On May 28, 2020, the Oregon Department of Revenue (“DOR”) added two new Oregon Corporate Activity Tax (“CAT”) draft rules, OAR 150-317-1050 (Sourcing of Commercial Activity for Financial Institutions) and OAR 150-317-1160...more
Congress recently passed the economic stimulus package referred to as the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act1”) and the Paycheck Protection Program and Health Care Enhancement Act (“PPPHCE...more
Congress recently passed the economic stimulus package referred to as the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act1”) and the Paycheck Protection Program and Health Care Enhancement Act (“PPPHCE...more
On May 6, 2020, the Oregon Department of Revenue (“DOR”) issued informal guidance in the form of a frequently asked question on its website providing that, in general, an Economic Injury Disaster Loan emergency advance, SBA...more
On April 30, 2020, the Internal Revenue Service (“IRS”) issued Notice 2020-32 (the “Notice”) in which it substantially changed the common understanding of the tax consequences of Payroll Protection Program (“PPP”) loan...more
In a letter dated April 24, 2020, Governor Kate Brown (“Governor Brown”) responded to an apparent request from Oregon Business and Industry (“OBI”) to postpone the implementation of the Oregon Commercial Activity Tax (“Oregon...more
On April 20, 2020, the Oregon Department of Revenue (“DOR”) issued Revenue Director’s Order 2020-02 (“Order 2020-02”). This comes nearly one month after the DOR issued Revenue Director’s Order 2020-01 on March 24, 2020...more
It can feel daunting to make sense of the recently passed economic stimulus package referred to as the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”), especially if your business and livelihood are on...more
Congress recently passed the economic stimulus package referred to as the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”). The CARES Act is important to certain manufacturers because it offers necessary...more
On March 13, 2020, the Oregon Department of Revenue (“DOR”) added an FAQ and made two announcements regarding the Oregon corporate activity tax (“Oregon CAT”).
First, the DOR’s website added a question to its FAQ section...more
Federal, state, and local taxing authorities have been making moves to address COVID-19. Here is what we know:
Federal Government -
Earlier this month, Treasury Secretary Steven Mnuchin (“Treasury Secretary”) informed...more
On Friday, March 6, 2020, the Oregon Department of Revenue (“DOR”) issued its third round of temporary administrative rules. This round of temporary rules consists of two draft rules the DOR had issued in late February 2020,...more