The Beggs & Lane Blog

UPDATED Families First Coronavirus Response Act

Families First Coronavirus Response Act  Emergency Paid Sick Leave Act and the Family and Medical Leave Expansion Act    Last Updated: April 7, 2020  Summary: Starting for any leave on or after April 1, 2020, Employers with fewer than 500 employees are required to provide paid, protected leave to employees who are unable to work, whether at the workplace or remotely, as follows:   Employees who need leave from work for the following reasons related to the Coronavirus are entitled to up to 2 weeks of 100% paid leave that is in addition to whatever other leave they may have accrued:   Subject to a government [...]

By |April 8th, 2020|Categories: Blog|0 Comments

Paycheck Protection Program (CARES Act)

Paycheck Protection Program Part of the CARES ACT (Coronavirus Aid, Relief, and Economic Security Act) Enacted Friday, March 27, 2020 Last Updated: April 7, 2020 Summary: Private lenders are offering Small Business Administration (SBA) low interest loans requiring no collateral, no personal guarantees, 6 month to 1 year payment deferrals, and substantial loan forgiveness, which makes the loans wholly or partially “free money” in a sense.  The program is funded with 350 Billion Dollars offered on a first come, first serve basis.  The last date for loans is June 30, 2020, but the money may be gone before the end of June. Who is [...]

By |April 8th, 2020|Categories: Blog|0 Comments

Employee Retention Credit

The IRS has provided advice for employers on how to claim an employee retention credit on quarterly Form 941 under the coronavirus stimulus legislation. The refundable tax credit is equal to 50% of qualified wages paid to employees after March 12, 2020, and before January 1, 2021. If an employer paid any qualified wages between March 13, 2020, and March 31, 2020, inclusive, include 50% of those wages together with 50% of any qualified wages paid during the second quarter of 2020 on the second quarter Form 941, 941-SS, or 941-PR to claim the employee retention credit, the IRS stated. [...]

By |April 7th, 2020|Categories: Blog|0 Comments

Families First Coronavirus Response Act (the “Families First Act”)

On Wednesday, March 18, 2020, Congress enacted a law that applies to most employers with fewer than 500 employees requiring paid, protected leave time for employees needing time off for specific reasons related to the coronavirus pandemic.  This law is called the Families First Coronavirus Response Act (the “Families First Act”). The following Q&A on the paid leave provisions of the Families First Act.  There is still some uncertainty with such a brand new law, so this preliminary review may be subject to change. Q:        Does this law apply to my company?  Generally, this law applies to employers with fewer [...]

By |March 26th, 2020|Categories: Blog|0 Comments

Beggs & Lane Seeks Justice For America’s Longest Held Hostage

Robert Levinson is America’s longest held hostage.  He has been held by the Iranian government for almost 13 years.  Iran has held Mr. Levinson incommunicado during that time, allowing no contact with his family or anyone outside of his jailers.  Iranian officials have publicly denied any knowledge of Mr. Levinson’s whereabouts while simultaneously engaging in secret negotiations in which they sought to extort concessions from the United States in return for Mr. Levinson’s release. Beggs & Lane has brought suit against the Islamic Republic of Iran under the Foreign Sovereign Immunities Act (FSIA), 28 U.S.C. § 1605A, on behalf of [...]

By |January 16th, 2020|Categories: Blog, News|0 Comments

Five Things All Clients Businesses Should Know About Cybersecurity

By Jack Zoesch and Matthew Massey Cybersecurity is vitally important to organizations large and small.   Cyberattacks and data leaks can grab headlines, destroy client confidence, and expose a company to civil and criminal liability.  Below are five things every business should know about cybersecurity protection. Assume you are a target. Companies increasingly rely on digital technology for the storage and transmittal of private information about clients, business partners, and other constituencies.  As this reliance has increased, so too has the frequency of cybersecurity incidents. Most are familiar with attacks on large institutions such as Target or Allscripts.  What many do [...]

By |October 28th, 2019|Categories: Blog|0 Comments
Go to Top