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Ohio's Stay at Home Order & Florida's Executive Order

Client Alert

See the important details of the March 22 Ohio Stay at Home Order and the March 20 Florida Executive Order. 

For Ohio - click here to see the full order and visit Coronavirus.ohio.gov for additional information.

For Florida - click here to see the full order and visit floridahealthcovid19.gov for additional information.

If you have any questions, please contact BMD Government Affairs Member, Victoria Ferrise at vlferrise@bmdllc.com, or feel free to contact your primary BMD Attorney.

 

 


Record Keeping Requirements to Receive FFCRA IRS Tax Credit

On April 1, 2020, the IRS and Department of Labor issued temporary regulations to provide clarity regarding the documents required by employees requesting leave under the Families First Coronavirus Response Act (FFCRA) and the documentation that employers need to maintain.

Eviction & Foreclosure During the COVID-19 Pandemic

Like most areas of our society, the COVID-19 pandemic has greatly impacted the business relationships between landlords and tenants and between lenders and borrowers. In most states, non-essential retailers and other businesses have closed their doors and are doing business online, to the extent that they can. Some businesses, like The Cheesecake Factory, have announced that they would not be paying rent at any of their locations for at least a month due to the pandemic. Landlords and homeowners are concerned about being able to pay their mortgages and tenants are concerned about being able paying their rent.

UPDATED: Impact Payment Breakdown: How Much Will I Get, When Will I Get It and What Do I Need to Do?

UPDATED: The IRS announced that Social Security beneficiaries who are not typically required to file a tax return will not need to file a return to receive the economic impact payments. These payments will automatically be deposited into their bank accounts. This only applies to individuals receiving social security. Other individuals who typically do not file a tax return will still need to submit a return in order to receive the economic impact payment.

CARES Act Expands Bankruptcy Options for Individuals and Small Businesses (1)

The Coronavirus Aid, Relief and Economic Security (CARES) Act provides a $2 trillion economic stimulus for US companies and citizens faced with the challenges of the COVID-19 coronavirus. The CARES Act also significantly expands existing bankruptcy options for small businesses by temporarily increasing certain debt limits set forth in the recently effective Small Business Reorganization Act of 2019 (SBRA).

CARES Act Expands Bankruptcy Options for Individuals and Small Businesses

CARES Act Expands Bankruptcy Options for Individuals and Small Businesses