Trenam News, Author at Trenam

May 05 2020

Companies Whose PPP Loans Are Forgiven Will Lose Tax Deductions

By Trenam News COVID-19 Legal Updates, Tax

Typically, when a business obtains a loan, the loan proceeds are not includable in the gross income of the borrower for tax purposes at the time of the loan. Generally, the loan proceeds can then be spent for any business purpose (subject to loan covenants). Throughout the life of the…

May 05 2020

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A Look at the Furnisher Requirements Imposed by the Fair Credit Reporting Act

By Trenam News Litigation and Dispute Resolution, News

Originally published in the May/June 2020 issue of The Florida Bar Journal. Consumers’ lives can be seriously affected by the information included on their credit reports: bad scores can mean higher loan interest rates or denials of mortgage refinancing plans or other loans altogether. The information on consumers’ credit reports…

May 04 2020

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Stephanie Lieb Discusses Bankruptcy Outlook in Tampa Bay Times

By Trenam News Bankruptcy and Creditors' Rights, COVID-19 Legal Updates

Stephanie Lieb spoke with the Tampa Bay Times for its May 2, 2020 story on the economic impact COVID-19 is having on Florida, and she addressed the potential rise in bankruptcies in the coming months. Industries that were already teetering, like retail and restaurants, were hit hard by the shutdown,…

May 01 2020

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Tate Taylor Provides Insight On The Impact the CARES Act Is Having on Retirement Finances in Retire Ahead

By Trenam News COVID-19 Legal Updates, Estate and Trust Planning

In the May 2020 issue of Retire Ahead, a monthly newsletter released by Tribune Publishing, Tate Taylor answers key questions regarding the impact the provisions to the CARES Act is having on retirement finances. “These changes may provide important financial relief to individuals facing adverse financial consequences as a result…

Apr 27 2020

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Tampa Bay Business Journal Quotes Don Weinbren on SBA Loan Funding Bill

By Trenam News Business Transactions, COVID-19 Legal Updates

On April 24, 2020, Don Weinbren shared insight with the Tampa Bay Business Journal on the application process for Small Business Administration (SBA) loans after a new bill added billions for the Paycheck Protection Program. After the SBA system was flooded with applications during the first round of funding, the…

Apr 27 2020

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Don Weinbren Discusses Paycheck Protection Loans in Tampa Bay Times

By Trenam News Business Transactions, COVID-19 Legal Updates

Don Weinbren discussed the $310 billion funding of the Paycheck Protection Program (PPP) on April 24, 2020 for the Tampa Bay Times. After the first round of funding for PPP, a program made available under the Coronavirus Aid, Relief and Economic Security (CARES) Act, the president signed a bill to…

Apr 23 2020

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What You Need to Know After You Receive Your Paycheck Protection Program Loan

By Trenam News COVID-19 Legal Updates

You are not alone if you are confused about how to track your use of and how to calculate the amount of forgiveness for which you will qualify on your Paycheck Protection Program (“PPP”) loan. The Small Business Administration (the “SBA”) provided some guidance in its Interim Final Rules and…

Apr 23 2020

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Trenam Law Receives High Marks by Prestigious Chambers and Partners For 2020

By Trenam News Bankruptcy and Creditors' Rights, Construction, Corporate Mergers and Acquisitions, News, Real Estate and Lending Transactions

Twelve Attorneys and Four Practice Areas Receive Recognition Trenam Law has been ranked among the top Florida law firms in Chambers USA 2020 America's Leading Lawyers for Business, an annual publication by Chambers and Partners. The recognition includes twelve of the firm’s attorneys and four of its practice groups in the…

Apr 07 2020

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Miscellaneous Business Tax Provisions in the CARES Act

By Trenam News Business Transactions, COVID-19 Legal Updates, Tax

While most of the recent media coverage has been focused on the Economic Impact Payments for individuals and the SBA loan programs newly available, the CARES Act also includes several miscellaneous tax benefits for business. A summary of the additional tax provisions affecting businesses is outlined below. If you took…

Apr 07 2020

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Payroll Tax Credits under COVID-19 Relief Programs

By Trenam News Business Transactions, COVID-19 Legal Updates, Tax

So you’ve heard about “payroll tax credits,” but which end is really up? Below is a summary of the various credits available, and which can be combined with other available benefits. First, it is important to understand that there are three different credits available. The first two are corresponding credits…

Trenam News

Companies Whose PPP Loans Are Forgiven Will Lose Tax Deductions

A Look at the Furnisher Requirements Imposed by the Fair Credit Reporting Act

Stephanie Lieb Discusses Bankruptcy Outlook in Tampa Bay Times

Tate Taylor Provides Insight On The Impact the CARES Act Is Having on Retirement Finances in Retire Ahead

Tampa Bay Business Journal Quotes Don Weinbren on SBA Loan Funding Bill

Don Weinbren Discusses Paycheck Protection Loans in Tampa Bay Times

What You Need to Know After You Receive Your Paycheck Protection Program Loan

Trenam Law Receives High Marks by Prestigious Chambers and Partners For 2020

Miscellaneous Business Tax Provisions in the CARES Act

Payroll Tax Credits under COVID-19 Relief Programs

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