Heightened Scrutiny for PPP Loans and Safe Harbor to Return PPP Funds

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 »

More Funding Available for Employers to Meet Payroll

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 »

Proclamation Suspending Immigrant Visa Entries

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 »

2020-2021 NYS Enacted Budget Requires Prevailing Wage on Industrial Development and Local Development Corporation Projects

Pursuant to the enacted 2020‐2021 NYS Budget (the "Budget"), covered projects undertaken by industrial development agencies ("IDAs") and local development corporations ("LDCs") will be subject to prevailing wage, effective January 1, 2022. A "Covered Project" is any construction work done under contract that is paid for in whole or in part out of public funds where the Read More »

LEGAL ALERT: Limited Immigration Services Continue

In response to the coronavirus outbreak, the Department of Homeland Security and related agencies have closed or strictly limited many immigration-related services, but emergency services continue and some applications are still being processed. The following is an overview of the current immigration services. USCIS Offices Closed through at least May 3, 2020 USCIS initially cancelled Read More »