News & Insights

May 18 2020

PPP Loan Forgiveness Application Release

By Trenam News COVID-19 Legal Updates

Late on Friday, May 15, 2020, the Treasury Department and Small Business Administration issued the much awaited Form 3245, Loan Forgiveness Application (the “Application”) with instructions. For a copy of the Application and to view the press release, click here. We are continuing to evaluate the Application, and will provide…

May 13 2020

Love0

New Paycheck Protection Program Loan Guidance

By Trenam News COVID-19 Legal Updates

On May 13, 2020, the SBA issued additional guidance on the PPP loan “necessity” certification. This new guidance reverses course from the broadly worded original guidance, which was interpreted by many to mean that all borrowers of PPP loans needed to be worried, to exempt from SBA scrutiny any borrower…

May 05 2020

Love0

Patrick Causey Outlines What to Include in Your Business Contract in TBBW Magazine

By Trenam News Litigation and Dispute Resolution, News

Originally published in the May 2020 issue of Tampa Bay Business & Wealth Magazine. Whether you work for a Fortune 500 company, or you own a small business, odds are you enter into contracts on a regular basis. In an ideal world, these contracts cover every important detail of the…

May 05 2020

Love0

Companies Whose PPP Loans Are Forgiven Will Lose Tax Deductions

By Trenam News COVID-19 Legal Updates, Tax

Typically, when a business obtains a loan, the loan proceeds are not includable in the gross income of the borrower for tax purposes at the time of the loan. Generally, the loan proceeds can then be spent for any business purpose (subject to loan covenants). Throughout the life of the…

May 05 2020

Love0

A Look at the Furnisher Requirements Imposed by the Fair Credit Reporting Act

By Trenam News Litigation and Dispute Resolution, News

Originally published in the May/June 2020 issue of The Florida Bar Journal. Consumers’ lives can be seriously affected by the information included on their credit reports: bad scores can mean higher loan interest rates or denials of mortgage refinancing plans or other loans altogether. The information on consumers’ credit reports…

May 04 2020

Love0

Stephanie Lieb Discusses Bankruptcy Outlook in Tampa Bay Times

By Trenam News Bankruptcy and Creditors' Rights, COVID-19 Legal Updates

Stephanie Lieb spoke with the Tampa Bay Times for its May 2, 2020 story on the economic impact COVID-19 is having on Florida, and she addressed the potential rise in bankruptcies in the coming months. Industries that were already teetering, like retail and restaurants, were hit hard by the shutdown,…

May 01 2020

Love0

Tate Taylor Provides Insight On The Impact the CARES Act Is Having on Retirement Finances in Retire Ahead

By Trenam News COVID-19 Legal Updates, Estate and Trust Planning

In the May 2019 issue of Retire Ahead, a monthly newsletter released by Tribune Publishing, Tate Taylor answers key questions regarding the impact the provisions to the CARES Act is having on retirement finances. “These changes may provide important financial relief to individuals facing adverse financial consequences as a result…

Apr 27 2020

Love0

Tampa Bay Business Journal Quotes Don Weinbren on SBA Loan Funding Bill

By Trenam News Business Transactions, COVID-19 Legal Updates

On April 24, 2020, Don Weinbren shared insight with the Tampa Bay Business Journal on the application process for Small Business Administration (SBA) loans after a new bill added billions for the Paycheck Protection Program. After the SBA system was flooded with applications during the first round of funding, the…

Apr 27 2020

Love0

Don Weinbren Discusses Paycheck Protection Loans in Tampa Bay Times

By Trenam News Business Transactions, COVID-19 Legal Updates

Don Weinbren discussed the $310 billion funding of the Paycheck Protection Program (PPP) on April 24, 2020 for the Tampa Bay Times. After the first round of funding for PPP, a program made available under the Coronavirus Aid, Relief and Economic Security (CARES) Act, the president signed a bill to…

Apr 23 2020

Love0

What You Need to Know After You Receive Your Paycheck Protection Program Loan

By Trenam News COVID-19 Legal Updates

You are not alone if you are confused about how to track your use of and how to calculate the amount of forgiveness for which you will qualify on your Paycheck Protection Program (“PPP”) loan. The Small Business Administration (the “SBA”) provided some guidance in its Interim Final Rules and…

PPP Loan Forgiveness Application Release

New Paycheck Protection Program Loan Guidance

Patrick Causey Outlines What to Include in Your Business Contract in TBBW Magazine

Companies Whose PPP Loans Are Forgiven Will Lose Tax Deductions

A Look at the Furnisher Requirements Imposed by the Fair Credit Reporting Act

Stephanie Lieb Discusses Bankruptcy Outlook in Tampa Bay Times

Tate Taylor Provides Insight On The Impact the CARES Act Is Having on Retirement Finances in Retire Ahead

Tampa Bay Business Journal Quotes Don Weinbren on SBA Loan Funding Bill

Don Weinbren Discusses Paycheck Protection Loans in Tampa Bay Times

What You Need to Know After You Receive Your Paycheck Protection Program Loan

Contact

News & Insights

News by Practice