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

COVID-19

SBA EXTENDS SAFE HARBOR PPP LOAN PAYBACK UNTIL MAY 14, 2020

Section 2 of FOS’s FURTHER GUIDANCE ON PAYCHECK PROTECTION PROGRAM describes the recent guidance provided by the Small Business Administration (“SBA”) regarding, among other things, the certifications…

FOSMay 6, 2020

COVID-19

FURTHER GUIDANCE ON PAYCHECK PROTECTION PROGRAM

The Small Business Administration, the Department of Treasury and the Internal Revenue Service continue to offer additional guidance to borrowers regarding loans received under the…

FOSMay 1, 2020

COVID-19

WISCONSIN EXTENDS “SAFER AT HOME” ORDER

Yesterday, Wisconsin’s Department of Health Services issued another 16-page Emergency Order (Emergency Order #28), extending the Safer at Home Order issued by the Department on…

FOSApril 17, 2020

COVID-19

COVID-19 AND BUSINESS INTERRUPTION INSURANCE

The 2019 novel coronavirus (COVID-19) is causing significant illness and mounting personal anxiety. It is also causing severe economic damages, with company after company, including…

FOSApril 16, 2020

COVID-19

SBA ISSUES INTERIM FINAL RULE RE: PAYCHECK PROTECTION LOAN PROGRAM

Yesterday, the Small Business Administration issued an Interim Final Rule (the “Rule") regarding the CARES Act’s Paycheck Protection Loan program. The SBA also released the…

FOSApril 3, 2020

COVID-19

DOL ISSUES ADDITIONAL GUIDANCE ON FFCRA

The Families First Coronavirus Response Act (the “FFCRA”) provisions regarding required Emergency Paid Sick Leave and Emergency Family Medical Leave go into effect tomorrow, April…

FOSMarch 31, 2020

COVID-19

CORONAVIRUS RELIEF PROVISIONS – INDIVIDUAL TAX PROVISIONS

Due Date for Filing Income Tax Returns and Making Income Tax Payments The IRS and the Wisconsin Department of Revenue have extended the due date…

FOSMarch 31, 2020

COVID-19

PRESIDENT SIGNS CORONAVIRUS STIMULUS LEGISLATION

On March 27, 2020, the President signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act (the “Stimulus Act”) into law, providing over two trillion…

FOSMarch 28, 2020

COVID-19

IRS RELEASES GUIDANCE REGARDING TAX CREDIT AND RELATED ISSUES UNDER THE FAMILIES FIRST CORONAVIRUS RESPONSE ACT

On March 18, 2020, the President signed the Families First Coronavirus Response Act (FFCRA) into law, to provide relief to employees adversely affected by the…

FOSMarch 26, 2020

COVID-19

WISCONSIN ISSUES “SAFER AT HOME” ORDER

Yesterday, Wisconsin’s Department of Health Services issued its 16-page Emergency Order #12 (the “Order”), known as the “Safer at Home” Order, in response to the…

FOSMarch 25, 2020

COVID-19

COVID-19 AND CONTRACTUAL PERFORMANCE ISSUES

The novel 2019 coronavirus (COVID-19) pandemic is causing major disruptions to many commercial supply chains resulting in anticipated delays, reduced fulfillments, and even cancellations of…

FOSMarch 24, 2020

COVID-19 FOS News

THE FAMILIES FIRST CORONAVIRUS RESPONSE ACT (H.R. 6201)

On March 18, 2020, the President signed the Families First Coronavirus Response Act (FFCRA) into law, to provide relief to employees adversely affected by the…

FOSMarch 19, 2020