We are beginning to see hopeful signs about the ongoing COVID-19 crisis, and the conversation about when and how to reopen the U.S. economy is beginning in earnest. In the meantime, however, the restrictions remain in effect. What can businesses do to try to increase their odds of surviving the…
Here in Los Angeles, there are myriad opportunities for creative entrepreneurs – but it is important to protect your and your business’s legal rights before you begin operations. Doing so will allow you to get through the difficult initial startup stages of a business free from legal disputes over equity,…
The Family First Coronavirus Response Act (FFCRA) includes an expansion of both the Emergency Paid Sick Leave Act (EPSLA) and the Emergency Family and Medical Leave Expansion Act (EFMLEA). The FFCRA is in part designed to combat negative effects of COVID-19 on the workforce. The Act includes providing qualifying employers…
Don’t let a data security issue become a public relations nightmare for your enterprise. Huge gains in efficiency and productivity are in the cards for any enterprise that can keep pace with technology. However, with any technological advance, risks and pitfalls are abound. Especially when it comes to Data Security.…
The Coronavirus Aid, Relief, and Economic Security (CARES) Act, signed into law on March 27, 2020. It includes provisions that are helpful to individuals who find themselves laid off by their employers during this unprecedented time. The law adds an additional $600 in weekly unemployment benefits from the federal government…
In the wake of the COVID-19 pandemic, the U.S. federal government passed the CARES Act, a $2 trillion stimulus package aimed at softening the economic distress suffered by American businesses and individuals. The massive stimulus package authorizes up to $349 billion in forgivable loans through the Paycheck Protection Program to…
In response to the unprecedented challenges presented by the Coronavirus pandemic, several Federal and State laws have been passed to assist businesses during these difficult times. Some cities have enacted ordinances, and certain companies have announced programs to assist their customers in dealing with the impact of the COVID-19 virus. …
The U.S. Business Administration (“SBA”) has implemented the Paycheck Protection Program, which provides $349 billion in administered loan and loan forgiveness relief to small businesses in financial need. Small businesses with less than 500 employees are eligible to participate in the program, in addition to sole proprietors, independent contractors and…
Due to the COVID-19 pandemic, many non-essential businesses have been shut down, resulting in an unprecedented economic downfall for many employers. In efforts to provide relief for employers, the government has passed the CARES Act, which will allow employers to save costs by deferring their Social Security payroll tax (6.2%)…
In response to the COVID-19 pandemic, the U.S. Small Business Administration (“SBA”) has agreed to disburse Emergency Economic Injury Grants of up to $10,000 to companies experiencing financial struggles. Small business owners that apply for an Economic Injury Disaster Loan are eligible to receive the grants, which do not need…