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ALBANY, N.Y. – Whiteman Osterman & Hanna, LLP, the largest and most well-respected law firm in the Capital Region, is pleased to congratulate four of its partners who have been named Lawyers of the Year in the 27th edition of Best Lawyers in America. The designation is based on extremely high feedback among peers in the legal profession, as only a single lawyer in each practice area and community is honored with the distinguished award.Best Lawyers was created to serve as a valuable [...]
Read More ›PPP Loans - Flexibility Amendment
PPP Loans - Flexibility Amendment.pdfThe federal government enacted Coronavirus Aid, Relief, and Economic Security Act (CARES Act), which is designed to provide financial relief to American businesses in response to the economic fallout from the efforts to stem the coronavirus (COVID-19) pandemic. One of the core pieces of the CARES Act is the provision of hundreds of billions of dollars for small businesses through federally-backed loans under an expanded Small Business Administration (SBA) [...]
Read More ›PPP Loan Forgiveness Application
PPP Loan Forgiveness Application.pdfThe federal government enacted Coronavirus Aid, Relief, and Economic Security Act (CARES Act), which is designed to provide financial relief to American businesses in response to the economic fallout from the efforts to stem the coronavirus (COVID-19) pandemic. One of the core pieces of the CARES Act is the provision of hundreds of billions of dollars for small businesses through federally-backed loans under an expanded Small Business Administration (SBA) [...]
Read More ›CARES Act - Federal Reserve Lending Programs
Download PDFOn March 27, 2020, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), which is designed to provide financial relief to American businesses in response to the economic fallout from the efforts to stem the coronavirus (COVID-19) pandemic. Title IV of the CARES Act provides $500 billion for loans, loan guarantees, and investments in the Federal Reserve’s lending facilities to support states, municipalities, and eligible businesses. Eligible [...]
Read More ›CARES Act - Tax Provisions
Download PDFOn March 27, 2020, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), which is designed to provide financial relief to American businesses in response to the economic fallout from the efforts to stem the coronavirus (COVID-19) pandemic. As part of the CARES Act, Congress provides certain tax credits and incentives for businesses.Employee Retention Credit for EmployersThe CARES Act provides a refundable payroll tax credit for 50% of wages [...]
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