The Bottom Line The global effects of COVID-19 are being felt by businesses in every sector, and the worlds of marketing, communications, public relations and advertising are no different. In vast swaths of the United States, including critical markets such as New York, Los Angeles and Continue Reading
IRS Defers Tax Payment and Filing Obligations Due to the Coronavirus Pandemic
The Bottom Line The Internal Revenue Service (IRS) has deferred both income tax payments and income tax filings to July 15, 2020 due to the COVID-19 pandemic, pushing the deadline three months later than the standard April 15, 2020 deadline. The full Notice 2020-18 (Notice) can be viewed Continue Reading
U.S. Federal Government Proposes Various Changes to SBA Loan Programs to Assist Small Businesses Affected by Coronavirus
The Bottom Line In light of the economic impact of the COVID-19 pandemic, the federal government has taken steps to expand the availability of, and streamline the process for, obtaining loans administered by the U.S. Small Business Administration (SBA). In addition, further changes are expected Continue Reading
New York State Implements Sick Leave for Employees Required to Quarantine or Self-Isolate By Government Order
The Bottom Line On March 18, 2020 the New York State Legislature passed, and Governor Cuomo signed into law, a mandatory sick leave law benefitting many employees in New York State affected by the COVID-19 crisis. New York’s new law sets forth minimum requirements for employers to provide Continue Reading
New York City to Provide Financial Assistance to Small Businesses Impacted by COVID-19
The Bottom Line New York City (NYC) has recently made available two financial assistance programs to aid small businesses located in the five boroughs. NYC Mayor Bill de Blasio announced on March 8, 2020 that NYC will offer access to the NYC Employee Retention Grant Program (ERGP) and the Continue Reading
Second Modifications to CCPA Draft Regulations
The Bottom Line A third version of the California Consumer Privacy Act (CCPA) draft regulations were released by the California Attorney General’s (AG) office last week. The AG’s office revised the draft regulations again after reviewing an estimated 100 comments it received in Continue Reading
Revisions to Proposed Family First Coronavirus Response Act: Potential Relief for Employers
Update The Senate confirmed this version of the FFCRA and the President signed it into law on March 18, 2020. It goes into effect April 1, 2020. Of importance, the amended version of the bill tightens the definitions of when employees can take coronavirus-related leave or sick time and places caps Continue Reading
The Families First Coronavirus Response Act: What Employers Need to Know
The Bottom Line On March 14, 2020, the House passed the Families First Coronavirus Response Act (the Act), which the Senate is expected to approve in sum and substance sometime this week. President Trump has expressed approval for the legislation, which will go into effect 15 days Continue Reading
California Proposes Revised CCPA Regulations
The Bottom Line The California Attorney General’s (AG) office has released revisions to the proposed draft California Consumer Privacy Act (CCPA) regulations, some of which signal significant shifts in the AG’s regulatory approach. According to the AG’s office, the changes were Continue Reading
SEC Proposes New Advertising and Solicitation Rules for Investment Advisers and Private Fund Sponsors
The Bottom Line The SEC’s proposed amendments, if adopted, would significantly change the rules applicable to marketing, advertising and solicitation disclosure by investment advisers and private fund sponsors. They are, therefore, important both for public companies and all marketing Continue Reading