News & Views - Fox, O'Neill & Shannon, S.C.

WISCONSIN HAS NOT (YET?) FOLLOWED THE FEDERAL GOVERNMENT’S LEAD ON THE DEDUCTIBILITY OF PPP LOAN EXPENSES

One important provision of the Consolidated Appropriations Act enacted in December 2020 allows expenses paid with Paycheck Protection Program (“PPP”) loans to be fully deductible…

FOSJanuary 27, 2021

COVID-19

SHOULD EMPLOYERS CONTINUE PROVIDING FFCRA LEAVE TO EMPLOYEES?

From April 1, 2020 through December 31, 2020, the Families First Coronavirus Response Act (the “FFCRA”) required employers to provide eligible employees with up to…

FOSJanuary 21, 2021

Taxation

IRS DELAYS 2021 TAX FILING SEASON’S OPENING DAY

Many taxpayers’ calendars have bold stars marked on the date when their tax returns are due. Unless anticipating a large refund, few know, and fewer…

FOSJanuary 18, 2021

COVID-19

PRESIDENT SIGNS RELIEF BILL INTO LAW

After several days of uncertainty, the President last night (December 27, 2020) signed into law the Consolidated Appropriations Act. The Act provides roughly nine hundred…

FOSDecember 28, 2020

COVID-19

ADDITIONAL COVID-19 RELIEF IS ON THE WAY

Individuals and businesses have been anxiously awaiting further Congressional relief for the continuing economic problems resulting from the COVID-19 pandemic. Late yesterday (December 21, 2020),…

FOSDecember 22, 2020

COVID-19

THE EEOC ISSUES COVID-19 VACCINATION GUIDANCE

With the advent of COVID-19 vaccinations upon us, employers have questioned whether and under what circumstances they can require their employees to be vaccinated as…

FOSDecember 21, 2020

FOS News Jacob A. Manian

FOS Receives Multiple Wisconsin Law Journal Honors

FOS has been named Best Family Law Firm, and FOS shareholder Jake Manian has been named Best Criminal Defense Attorney and Best DUI Attorney in…

FOSDecember 1, 2020

Taxation

DON’T LOSE CHARITABLE INCOME TAX DEDUCTIONS AVAILABLE UNDER THE CARES ACT

As 2020 quickly moves towards the finish line, you may be making year end charitable contributions. If so, you should be aware that in response…

FOSNovember 24, 2020

FOS News

FOS Lawyers are Super!

FOS congratulates FOS shareholders Matt O’Neill and Jake Manian, and FOS of-counsel Ken Barczak, for being named to the list of 2020 Super Lawyers. …

FOSNovember 17, 2020

Business FOS News Taxation

IRS RETROACTIVELY AUTHORIZES DEDUCTION FOR S CORPORATION AND PARTNERSHIP TAX PAYMENT AT ENTITY LEVEL

In December of 2018, Wisconsin enacted a provision designed to enable S corporations, partnerships (including LLC’s taxed as partnerships) and their owners to work around…

FOSNovember 12, 2020

COVID-19

SBA PROPOSES LOAN NECESSITY QUESTIONNAIRES FOR PPP BORROWERS OF AT LEAST $2 MILLION

The SBA has issued public notice regarding its two new draft Loan Necessity Questionnaires, one for for-profit borrowers and one for non-profit borrowers (collectively the…

FOSNovember 5, 2020

FOS News

FOS Honored as Best Place to Work for Second Year in a Row

Out of 180 applicants in the ‘micro company’ category (25 employees or less), FOS, for the second consecutive year, has been named one of the…

FOSOctober 28, 2020