MAY 12, 2020 UPDATE: Survey of State Insurance Department COVID-19 Regulatory Actions
Most bulletins this week revolved around extension of previously issued state regulatory guidance. Download the current chart here.
USPTO Launches Patents 4 Partnerships Platform to Aid in Coronavirus Response
May 6, 2020
by Josh Hallenbeck
On May 4, 2020, the United States Patent and Trademark Office (USPTO) launched its new online marketplace platform – Patents 4 Partnerships. The purpose of the Patents 4 Partnerships program is to provide a database of patent-related COVID-19 technologies that are available for licensing. This…
MAY 5, 2020 UPDATE: Survey of State Insurance Department COVID-19 Regulatory Actions
Even though certain states are starting to reopen, many insurers and producers continue to work remotely. Recognizing the practical challenges associated with a remote workforce, which are further complicated by social distancing requirements, more states are offering filing deadline extensions or…
Estate Planning Opportunities Amid COVID-19
As we all cope with the new challenges posed by COVID-19, we wanted to review opportunities currently available amid this unusual time. ESTATE PLANNING The current pandemic has caused U.S. markets to lose considerable value. It is a good time to consider using your gift tax exemption (currently…
IRS Denies Deductions for Expenses Paid with PPP Funds – For Now
In IRS Notice 2020-32 issued on April 30, 2020, the IRS has clarified that no deduction is allowed for expenses paid with funds loaned to a business through the CARES Act’s Paycheck Protection Program if payment of the expense results in forgiveness of the loan. However, members of Congress are…