STIMULUS BILL On December 27, 2020, the President of the United States signed the Consolidated Appropriations Act, 2021, which contains a number of COVID-19 stimulus provisions Direct Stimulus Payments Eligible individuals will receive an additional $600 direct stimulus payment (or $1,200 in the case of eligible individuals filing a joint return) plus an additional $600 for each qualifying child Reductions in the amount for this round of stimulus payments will occur if the taxpayer’s [...]


On December 26, 2020, the New York Department of Health updated its guidance on releasing individuals from quarantine as a result of an exposure to COVID-19, which supersedes any previous guidance issued related to the length of quarantine Consistent with recent CDC guidance (available below), quarantine for individuals exposed to COVID-19 can end after 10 days without a testing requirement if no symptoms have been reported during the quarantine period, and individuals must: Continue daily [...]


Levene Gouldin & Thompson, LLP is pleased to announce that Amanda L. Giannone and Justin L. Salkin have become Partners of the Firm. Amanda L. Giannone is a graduate of Vestal Senior High School, The College at Brockport: State University of New York, and Syracuse University College of Law. She is currently on the Board of Directors for the Johnson City Senior Center, and past board member of the Preservation Association of the Southern Tier (PAST) and the Retired Senior & Volunteer [...]


• On April 3, 2020 Governor Cuomo signed a bill amending the Labor Law, requiring New York employers to provide sick leave to all employees • Accrual and recordkeeping obligations under this new law became effective September 30, 2020 and employees may begin using accrued leave for Permitted Uses under this law on January 1, 2021 • Proposed regulations for New York’s Paid Sick Leave are available here, beginning on page 8: [...]


As part of the loan review process, the SBA is providing a Loan Necessity Questionnaire (“Questionnaire”) to lenders for them to distribute to PPP borrowers that, together with their affiliates, received loans of $2 million or more.Borrowers that are requested to complete the Questionnaire should return it to their lender within 10 business days of receipt. The information that borrowers provide on the Questionnaire will help the SBA assess the borrowers’ certification in their [...]


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