As businesses reopen, owners are confronted with untold challenges. Reopening and rehiring decisions are fraught with uncertainty in ordinary times but the governmental response to the pandemic adds additional considerations including: The impact on enhanced unemployment benefits.The need to accommodate employees as they cope with personal, child and elder care, and health concerns and demands.The Read More »
Bousquet Holstein PLLC is pleased to welcome Taylor M. Nunez to the firm’s 2020 Summer Associate program. Taylor is entering her final year as a Candidate for Juris Doctor at Syracuse University College Of Law and as a Candidate for Master of Public Administration at the Syracuse University Maxwell School of Citizenship and Public Affairs. She is Read More »
Across the country, businesses are reopening and adapting to the COVID-19 pandemic. In doing so, however, businesses must keep in mind new data security regulations from New York that could impact their operations. As of March 21, 2020, New York may penalize qualifying businesses that fail to implement "reasonable safeguards" over collected data or fail Read More »
The SBA released the much-anticipated SBA Form 3508, the application required for forgiveness of the Paycheck Protection Program ("PPP") loan. A borrower must submit a loan forgiveness application to its lender, not the SBA. The application includes very detailed instructions for determining the amount of the PPP loan that may be forgiven. There are four Read More »
The Small Business Administration and U.S. Treasury Department responded to recent Congressional and media attention to businesses that received Paycheck Protection Program (PPP) loans. In public statements of Secretary Mnuchin and SBA's updated Frequently Asked Questions (FAQ) effective as of April 29, 2020, the government clarified its approach when auditing PPP loans. A loan audit Read More »
A centerpiece of divorce settlement is the equitable division of the assets and debts of the marriage and the proper allocation of cash flow through child support and a period of spousal maintenance. In a time where the economy, and perhaps even one's own career outlook face instability, caution must be used to avoid self-inflicted pain Read More »
In this time of uncertainty, businesses face massive challenges, with the landscape seeming to shift daily. Many are feeling information overload. To support regional businesses, a panel of attorneys at Bousquet Holstein are pleased to join with the Tompkins County Chamber of Commerce for another webinar in the COVID-19 Business Readiness Series on Friday, May 8th at 12:00 Read More »
Coronavirus (COVID-19) has arrived in Tompkins County and many businesses are asking critical questions. Questions like: How can we keep our workplaces safe and clean? How can we accommodate changes in employee needs, like having to work remotely? And how might this impact my business and our economy? What can I do to keep my Read More »
Federal legislation authorizing additional funding for employers, hospitals and healthcare providers confronting Covid-19 pandemic is effective April 24, 2020. The Paycheck Protection Program Increase Act of 2020 ("PPPIA") is the fourth piece of major federal legislation adopted in response to Covid-19. NOTE: The Payroll Protection Program resumes Monday, April 27th at 10:30 AM EDT. The SBA will resume Read More »
This week, a Proclamation was issued suspending some immigrant visa entries. The order went into effect April 23, 2020 at midnight eastern time and will last for 60 days. The effect of this proclamation is that some people who are outside the U.S. waiting for an immigrant visa may not enter the U.S. as immigrants Read More »