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Landlord Considerations in Uncertain Times

Posted on April 3, 2020 by

As we enter a new month with the rental landscape changed in dramatic ways by the coronavirus pandemic, landlords will undoubtedly be facing requests from tenants for rent relief.  As you proceed to address these requests, some of the lessons from the last economic recession are applicable today. Before you begin discussions, consider obtaining a […]

BREAKING NEWS – SBA Releases PPP Info

Posted on April 2, 2020 by and

The SBA released the Interim Final Rule announcing more information on the Paycheck Protection Program.  The Interim Final Rule provides some program clarifications, but also provides some program changes. Note, the applicable interest rate is now 1%.  There is also more information on how to calculate payroll costs to determine the maximum loan amount including examples. […]

Correction to FFCRA E-Alert from April 1

Posted on April 2, 2020 by , and

Yesterday we issued an ealert (click here) that advised you the Department of Labor finally issued its detailed regulations for the FFCRA.  Upon closer review, we have found the DOL expanded the definition of “Child Care Provider” for both the Emergency Paid Sick leave and the Expanded FMLA to include “family member or friend, who […]

Finally! The Department of Labor Issues FFCRA Regulations

Posted on April 1, 2020 by , and

Today the DOL released detailed regulations with answers to nearly every question we have had over the past two weeks regarding this law.  While we are still reviewing these regulations, there are two important details that had so far NOT been answered before now: First, the DOL specifically states that the paid leave under category […]

Breaking News: IRS Releases FFCRA Tax Guidance

Posted on April 1, 2020 by and

The Families First Coronavirus Response Act (the “FFCRA”) provides certain eligible employers with refundable tax credits that reimburse those employers for the cost of paying the paid sick and family leave wages as required by FFCRA. After almost two weeks, the IRS has released extensive guidance on the refundable tax credits, including 66 FAQ questions. […]

Paycheck Protection Program – NEW INFO AND APPLICATION!

Posted on March 31, 2020 by and

The SBA and Treasury moments ago released updated information on the new Paycheck Protection Program created by the CARES Act.  The program is specifically designed to help small businesses (less than 500 employees) keep their workforce employed by providing an SBA guaranteed loan.  The program also provides for forgiveness of the loan proceeds that are […]

How Do You Create a Valid Will in Wisconsin?

Posted on March 31, 2020 by

In our blog post on estate planning in the midst of the global COVID-19 pandemic, Melissa Kampmann and I noted that it isn’t possible to create a valid will in Wisconsin without two witnesses, and it isn’t the best practice to create a will without two witnesses and a notary public.  But there’s more to creating […]

Business Interruption Insurance

Posted on March 30, 2020 by

Businesses often carry insurance to cover losses caused by a variety of events or perils.  Restrictions, closures, whether voluntary or not, and policies related to COVID-19 are negatively impacting businesses and affecting bottom lines.  As a result, business owners are asking whether they are insured for their losses due to COVID-19 like they might be […]

Wisconsin Emergency Orders Increase Restrictions on Landlords

Posted on March 30, 2020 by

Over the past two weeks, Governor Evers has continued, through the Department of Health Services, to issue Emergency Orders related to the COVID-19 health crisis.  One area of his focus has been to restrict real estate landlords’ activities. In his now seemingly old Emergency Order #12  (from last week Tuesday, March 20!), that imposed the […]

President Trump Signs CARES Act

Posted on March 27, 2020 by , , , and

After much negotiation over the past few days, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) into law, a $2 trillion stimulus package aimed at providing critical economic relief to Americans affected in the wake of the COVID-19 outbreak. Big Picture With a combination of direct payments, grants, loans […]