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Epstein Becker Green | USA | 4 Sep 2020

Questions Remain After IRS Issues Initial Guidance on Temporary Deferral of Employee Payroll Tax Obligations

On August 28, 2020, the Department of the Treasury (“Treasury”) and the Internal Revenue Service (“IRS”) released Notice 2020-65 to provide guidance…

Bowditch & Dewey LLP | USA | 20 Aug 2020

Social Security Taxes Could Be Deferred for the Rest of 2020

Under the CARES Act passed on March 27, 2020, Congress allowed employers and self-employed workers to defer payment of their portion of Social…

Hogan Lovells | USA | 29 Apr 2020

A (Cloudy) CARES 2.0 Crystal Ball

With an interim relief measure, the Paycheck Protection Program (PPP) and Health Care Enhancement Act, now signed into law, the jockeying over a CARES…

Kramer Levin Naftalis & Frankel LLP | USA | 28 Apr 2020

Treasury Secretary Mnuchin Announces Audits of PPP Loans in Excess of $2 Million; Treasury Clarifies Prior Guidance on Alternate Sources of Liquidity

On April 28, Secretary of the Treasury Steven Mnuchin stated in an interview with CNBC that businesses receiving Paycheck Protection Program (PPP)…

Skadden Arps Slate Meagher & Flom LLP | USA | 30 Mar 2020

CARES Act Provides Payroll Relief and Compensation Restrictions

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) became law on March 27, 2020, providing financial assistance to individuals and…

Kilpatrick Townsend & Stockton LLP | USA | 27 Mar 2020

CARES Act | Important CARES Act Provisions for Financial Institutions

The CARES Act includes actions specifically designed to provide various levels of temporary regulatory relief to financial institutions and to…

Kramer Levin Naftalis & Frankel LLP | USA | 26 Mar 2020

COVID-19 Update: CARES Act Economic Stabilization Update - March 25 Bill Passed by Senate

Late last night, March 25, the Senate passed a stimulus bill, called the Coronavirus Aid, Relief, and Economic Security Act, or CARES Act. This…

Steptoe & Johnson LLP | USA | 10 Mar 2020

Secretary Mnuchin Indicates New Cryptocurrency Regulations are Coming

In his testimony before the Senate Finance Committee, on February 12, Treasury Secretary Steven Mnuchin stated that the Department of the Treasury’s…

DLA Piper | USA | 28 Jan 2020

New regulations reinforce CFIUS’s expanded role with respect to foreign investments in the United States

On January 13, 2020, the US Department of the Treasury released two sets of new regulations that comprehensively implement the Foreign Investment Risk…

Castro & Co | USA | 10 Jul 2019

The Taxpayer First Act of 2019 | Special Castro Report

Special Castro Report on Taxpayer First Act of 2019 by John Anthony Castro, J.D., LL.M. Executive Summary: On June 13, the Senate passed by voice…
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