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The Basics of Planning for Disability

April 10, 2020

Most estate planning attorneys would recommend that clients always maintain up-to-date health care proxy and power of attorney documents, regardless of whether there is an ongoing public health crisis. This kind of disability planning can avoid significant unnecessary costs and loss of assets during any incapacity, and can also reduce the cost of managing and…

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CARES Act Paycheck Protection Program: Update and Frequently-Asked Questions

April 3, 2020

On April 2nd, the Small Business Administration (“SBA”) released its Interim Final Rule implementing certain aspects of the Paycheck Protection Program (the “Program” or “PPP”), part of the $2 trillion CARES Act passed in response to the Covid-19 crisis. We provided an overview of the CARES Act in a previous Client Alert. The Interim Final…

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What Recent Federal Coronavirus Legislation Means for Employers and Workers

March 31, 2020

Over the last three weeks of the Coronavirus pandemic, Congress has passed an astonishing amount of legislation to help businesses and workers weather the economic fallout of this public health crisis. In this alert, we provide a guide to this new legislation from an employment law perspective. Prince Lobel will continue to publish more in-depth…

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Prince Lobel Offers Access Hotline for New England Media

March 30, 2020

  PRINCE LOBEL’S ACCESS HOTLINE FOR NEW ENGLAND MEDIA: CONTACT US AT ACCESS@PrinceLobel.com or 1-888-428-7490   During the COVID-19 crisis, Prince Lobel is offering its services pro bono to all New England news media –print, broadcast, audio, video, and online – seeking emergency legal counsel to help obtain access to public records, government meetings, and…

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How to Secure Your Organization’s Network and Data in a Work-from-Home World

March 27, 2020

As the world copes with the COVID-19 pandemic, working from home has suddenly become the “new normal” in many industries. The expanded use of remote working technology offers a lifeline to organizations that would otherwise have to close up shop, but it also threatens to expose organizational and personal home networks to attack, leading to…

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The “Coronavirus Aid, Relief, and Economic Security Act,” or “Cares Act,” Is Law

March 27, 2020

Friday afternoon, President Trump signed the ‘‘Coronavirus Aid, Relief, and Economic Security Act,’’ or ‘‘CARES Act.’’ The legislation creates several new programs aimed at providing financial assistance to individuals and businesses suffering from the COVID-19 crisis. One of these, the Paycheck Protection Program (the “Program”), offers business loans that, in many cases, can be forgiven…

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Federal Disaster Relief Loans of Up to $2 Million Now Available for Small Businesses and Nonprofits

March 26, 2020

The Coronavirus outbreak has forced millions of small businesses across the country — including bars, restaurants, theaters and convenience stores — to shut down, causing staggering economic losses. Virtually no industry has been left untouched by the new norm of social distancing. Businesses have been forced to lay off millions of workers, and many employers…

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The IRS and Commonwealth of Mass. Tax Relief Measures to Aid Employers and Individuals During the Coronavirus Emergency

March 23, 2020

In an effort to respond to the multiple challenges posed by the Coronavirus pandemic, the Internal Revenue Service and the Commonwealth of Massachusetts have announced measures to ease the financial burden on taxpayers. IRS Notice 2020-17 On March 18th, the IRS issued Notice 2020-17, providing for a 90-day extension of payment of income taxes due…

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Client Alert: Do I Have Coverage for Coronavirus-Related Income Losses to My Business?

March 23, 2020

Businesses are in crisis over the Coronavirus.  Many have been shut down, whether by lack of employees and customers or by governmental order.  Some of our business clients have asked whether they have coverage for income losses (a/k/a “Business Interruption Insurance”) resulting from business closures and/or supply chain disruptions during the pandemic. The short, not…

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Update on Federal and Mass. Tax Payment and Filing Extensions: IRS Provides Further Guidance on Federal Tax Extensions

March 20, 2020

On March 20, 2020, the IRS issued Notice 2020-18, which provides further guidance on federal tax return filing and tax payment extensions. Under Notice 2020-18 (which replaces previously issued Notice 2020-17), individuals, trusts and estates, and C Corporations with tax returns due on April 15th are provided an automatic extension until July 15, 2020 both…