Attorney Jamye Lindsey has been elected to serve as 6th Judicial District Delegate on the Section’s Executive Committee by the NYSBA Trusts & Estates Law Section! Congratulations Jamye!!
Jamye will be responsible for representing the interests of all the Section estate and trust planning lawyers in the ten counties in the 6th District, working on regional continuing education programs and hosting events for current and prospective Section members.
The Trusts [...]
A. Employer Experience RatingThe New York State Department of Labor (DOL) issued an Order dated January 14, 2021 regarding unemployment experience rating charges during the COVID-19 pandemic. According to this Order, the employer account of an employer liable for unemployment contributions shall not be charged for the duration of the claim for benefits paid to a claimant during the COVID-19 pandemic. Such charges are to be made to the general account. The provisions of the Order apply to 100% of [...]
On January 20, 2021, the New York Department of Labor issued new guidance regarding the use of NY COVID-19 sick leave.
This new guidance supplements prior guidance on the application of COVID-19 sick leave and all prior guidance remains in effect.
The guidance provides the following information:
(1) An employee who returns to work after a period of mandatory quarantine or isolation does not have to be tested for COVID-19 before returning to work, except for nursing home staff.
How to Calculate Maximum Loan Amounts For First Draw PPP Loans and Second Draw PPP Loans and What Documentation to Provide – By Business Type
The SBA issued guidance so the following business types may more accurately calculate their maximum loan amounts for First Draw PPP Loans and Second Draw PPP Loans:
Self-employed, no employees
Self-employed, with employees
Self-employed farmer or rancher
S Corporations and C Corporations
PPP Loan Re-Opening Dates, Overview of PPP Draw Loans and Guidance on Accessing Capital for Minority, Underserved, Veteran and Women-Owned Business Concerns
PPP Loan Re-Opening Dates
On January 8, 2021, the Small Business Administration (SBA) announced that the Paycheck Protection Program (PPP) will re-open the week of January 11 for new borrowers and certain existing PPP borrowers. To promote access to capital, initially only community financial institutions will be able to make First [...]