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CARES Act Enacted: What’s Next?
In the midst of the COVID-19 crisis, many Americans are already experiencing economic hardship on account of the pandemic. Some are out of work or
Families First Act DOL Posters
The DOL has issued a couple of useful links on its website. The first is regarding posters required that must be hung in the workplace and any other
What Does the State-of-Emergency Mean for Maine’s Construction Companies?
Yesterday, Governor Mills issued an Executive Order with rules governing business operations during this state of emergency. Under the order, construction is considered an essential
Governor Mills Releases Executive Order Affecting Businesses in Maine
The rapid spread of COVID-19 is changing personal lives and day-to-day business operations across the globe. In the U.S., starting with the State of Washington
The Coronavirus Aid, Relief and Economic Security (CARES) Act Small Business Interruption (SBI) Loans
The Senate has released its proposed Phase III coronavirus economic stimulus proposal on March 19, 2020. There are a significant number of proposals that are
Taxpayer COVID-19 Filing and Tax Payment Relief
The IRS has released Notice 2020-18 which supersedes Notice 2020-17. This notice follows additional statements from Treasury Secretary Mnuchin on Friday March 20th about providing
US Treasury & IRS Issue Guidance on Reporting Wages Paid for Qualified Sick and Emergency Family Leave
On July 8th, the U.S. Treasury Department and Internal Revenue Service issued Notice 2020-54, Guidance on Reporting Qualified Sick Leave Wages and Qualified Family Leave
SBA’s HUBZone Program: 2020 Program Improvements, Updated Residency Requirements, and Contracting Changes
The SBA modified the Historically Underutilized Business Zone (HUBZone) Program at the end of 2019 to address long-standing uncertainties for small business investors and government
A Path to Success: Back to Construction Business Basics, Part II
ARB recently issued Part I of a two-part series, which focused on the basics that keep construction businesses on track for short and long-term success.
FinCEN Releases Additional Guidance on BSA/AML Customer Due Diligence for Hemp-Related Businesses
On August 3rd, the Financial Crimes Enforcement Network (FinCEN) issued additional guidance to financial institutions further clarifying the regulatory requirements surrounding customer due diligence (CDD)
Business Planning Solutions: Maintaining Adequate Cash Flow for Closely-Held Businesses
The effects of the COVID-19 crisis brought an end to the longest run of economic expansion in US history, leaving many businesses searching for creative