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

FOS News

FOS Honored as a “Best Place to Work”

For the second consecutive year, FOS has been honored as a “Best Place to Work” by Milwaukee Business Journal. FOS was chosen to receive this…

FOSSeptember 21, 2020

COVID-19

The DOL Issues New Temporary Rule for FFCRA Leave

The United States Department of Labor (“DOL”) issued a temporary rule (the “Rule”) on September 11, 2020, regarding the emergency paid sick leave (“EPSL”) and…

FOSSeptember 21, 2020

Laurna A. Kinnel

Shareholder Laurna Kinnel earns Association for Women Lawyers award

FOS congratulates shareholder Laurna Kinnel on her recent Association for Women Lawyers award. Laurna was awarded the pro bono award for her work volunteering with…

Laurna A. KinnelSeptember 2, 2020

COVID-19

SBA ISSUES INTERIM FINAL RULE UPDATING PPP GUIDANCE

The Small Business Administration (“SBA”) has issued an interim final rule (“Rule”) concerning Paycheck Protection Program (“PPP”) loan forgiveness. Specifically, the Rule addresses the ownership…

FOSAugust 31, 2020

COVID-19

SBA ISSUES INTERIM RULE REGARDING PPP LOAN APPEALS PROCESS

Many businesses have obtained loans under the Small Business Administration’s (“SBA”) Paycheck Protection Program (“PPP”). Numerous of these businesses have or will soon apply to…

FOSAugust 21, 2020

COVID-19

GOVERNOR EVERS ISSUES STATEWIDE MASK MANDATE

On July 30, 2020, Governor Evers signed Emergency Order #1 (the “Order”). The Order is effective August 1, 2020 and expires September 28, 2020, unless…

FOSAugust 4, 2020

COVID-19

SBA TO BEGIN ACCEPTING PPP LOAN FORGIVENESS APPLICATIONS AUGUST 10, 2020

The Small Business Administration (SBA) has announced that it will begin accepting Paycheck Protection Program (PPP) loan forgiveness applications on August 10, 2020 through a…

FOSJuly 28, 2020

COVID-19

PPP LOAN PROGRAM DEADLINE EXPANDED

In good news for businesses, President Trump on Saturday signed legislation extending the deadline to apply for Paycheck Protection Program (PPP) loans to August 8,…

FOSJuly 6, 2020

COVID-19

IRS EXPANDS ELIGIBILITY FOR COVID-RELATED USE OF RETIREMENT PLAN FUNDS

To help individuals withstand the financial challenges of the COVID-19 pandemic, the CARES Act allows individuals impacted by the pandemic to take up to $100,000…

FOSJune 25, 2020

Business COVID-19

PPP LOAN GOVERNMENT FRAUD INVESTIGATIONS: COULD YOUR COMPANY BECOME A TARGET?

As of June 16, 2020, potentially forgivable loans of over $512 billion have been issued under the loan program known as the Paycheck Protection Program…

Jacob A. ManianJune 19, 2020

COVID-19

NEW SBA RULE CONFIRMS INCREASED PPP FORGIVENESS PAYROLL CAPS FOR EMPLOYEES AND OWNERS

Recent revisions to the CARES Act allow borrowers to elect to expand the covered period during which Paycheck Protection Program (PPP) loan proceeds must be…

FOSJune 19, 2020

COVID-19

SBA ISSUES NEW LOAN FORGIVENESS APPLICATION FORMS

The SBA and Treasury Department today announced the release of two Paycheck Protection Program (PPP) loan forgiveness applications—one revised and one new—which are intended to…

FOSJune 17, 2020