On April 8, the IRS released guidance through Revenue Procedure 2020-23 that will allow partnerships to take advantage of certain tax benefits granted by the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act. The CARES Act grants certain businesses tax relief in the way of bonus depreciation deductions and an…
Real estate partner Thomas B. Luzier and litigation attorney Bailey S. Lowther discuss the Florida Governor’s recent stay order which provides temporary foreclosure and eviction relief due to the COVID-19 pandemic. Learn who it affects and how long it lasts in the video below. Williams Parker’s COVID-19 response team is…
An update to this post was published April 22> On April 6, 2020, the U.S. Department of Labor’s (DOL) Wage and Hour Division (WHD) published a temporary rule regarding the new Families First Coronavirus Response Act (FFCRA). It contains temporary regulations to implement the FFCRA, which are effective from April 2, 2020,…
On March 28, 2020, Florida agreed to participate in the unemployment provisions of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, known as the Relief for Workers Affected by the Coronavirus (RWAC). On April 2, 2020, the Department of Labor issued guidance as well as a chart summarizing the…
Title IV of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), provides mortgage relief to homeowners with federally backed mortgage loans. The CARES Act allows eligible borrowers to request forbearance on loan payments for six months, and then request an additional six month forbearance period. The Act also…