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insightOn June 15, 2020, the Federal Reserve Bank of Boston announced the opening of the Main Street Lending Program for lender registration with the improved terms announced last week. The program is intended to benefit small and mid-sized businesses and will operate until September 30, 2020, unless extended by the Federal Reserve.
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insightAlthough it seems like we have been enduring COVID-19-related issues for a while, the crisis has been with us for only a few months.
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insightAs uncertainty surrounding loan forgiveness under the CARES Act’s Paycheck Protection Program (“PPP”) continues to loom over the heads of small business owners throughout the nation, the Department of the Treasury issued an interim final rule (“IFR”) on May 22, 2020 in an attempt to clarify one of the ways that borrowers can prevent a reduction in loan forgiveness based on employee headcount.
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insightWilliams Mullen is pleased to announce the firm was recently named one of the 2020 Best Employers in North Carolina. This program was created by Business North Carolina and Best Companies Group. Williams Mullen was ranked as the third-best employer among large companies, which includes companies with 250 or more U.S. employees.
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insightOn the latest episode of Williams Mullen's Benefits Companion, host Brydon DeWitt discusses new opportunities that the IRS and COVID-19 legislative relief have created for health flexible spending and cafeteria plans.
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insightOn the latest episode of Williams Mullen's Trending Now - An IP Podcast, Clint Brannon is joined by Tom Bergert, Amy Pruett and Janet Cho to discuss their thoughts on developing and protecting back-burner ideas.
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insightAmid widespread business disruptions and economic uncertainty caused by the COVID-19 pandemic, many companies are reviewing, re-evaluating and even terminating outright proposed mergers and acquisitions (M&A) agreements.
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insightThe IRS has released 26 CFR Part 1, resolving questions regarding the five-year period to claim rehabilitation credits for qualified rehabilitation buildings (QRBs).
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insightIn response to the COVID-19 crisis, Congress and the IRS have provided more flexibility and expanded opportunities for employees to utilize health flexible spending arrangements and to adjust cafeteria plan elections.
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insightAs more states and localities begin to open up commercial activities, federal agencies and state and local governments are encouraging and, in some places, requiring employers to develop and implement a comprehensive screening and monitoring strategy for employees aimed at preventing the introduction of COVID-19 into the workplace.