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Revive Alabama Grants
What is a Revive Alabama grant? Governor Kay Ivey recently announced the Revive Alabama grant program. This program will provide financial support to small businesses in Alabama experiencing the financial impact of COVID-19. To qualify for this grant, a small business must have no more than 19 full-time equivalent employees on payroll. A qualifying businesses may […]
Mayor Steven Reed Signs Executive Order Requiring Face Coverings
By: Blake E. Brookshire, Esq. On June 17, 2020, Montgomery Mayor Steven Reed signed an executive order requiring that all individuals over the age of 2 years wear face coverings in masks in all public places, which goes into effect at 5:00PM on June 19, 2020. The order does set forth a caveat that […]
Senate Passes PPP Flexibility Act of 2020
June 3, 2020 By: Courtney Williams The Senate passed the Paycheck Protection Program (PPP) Flexibility Act of 2020. (Click here for a summary of the House of Representatives version that was sent to the Senate.) The Senate, however, entered a letter in the Congressional Record clarifying that the Act does not authorize the SBA to […]
OSHA Provides COVID-19 Guidance for Construction Workers
This week the U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) created a webpage for COVID-19 related guidance for both construction employers and employees. The OSHA website includes information on how to prevent the spread of coronavirus on job sites including: Using physical barriers (i.e., walls, doors, or plastic coverings) to separate workers […]
PPP Flexibility Act of 2020
May 28, 2020 By: Courtney Williams. The House of Representatives passed the Paycheck Protection Program (PPP) Flexibility Act of 2020 by a vote of 417-1. The Act amends portions of the PPP and is intended to make it easier for employers to achieve forgiveness of their PPP loans in the following ways: Extends the maturity […]
Estate Planning in 2020: Consider a SLAT
Some of the most effective estate-planning strategies involve setting up irrevocable trusts. For a trust to be deemed irrevocable, you’re effectively removing those assets from your taxable estate. This may be an especially pertinent question in light of the current economic downturn resulting from the novel coronavirus (COVID-19) pandemic. If you’re married and feel as though […]
New Rules On IRAs, RMDs, And Estate Plans
Many people’s estates typically include IRAs. Be aware that two major laws passed into law recently, the Setting Every Community Up for Retirement Enhancement (SECURE) Act and the Coronavirus Aid, Relief, and Economic Security (CARES) Act, have had a direct effect on IRAs. In a nutshell, the CARES Act waives required minimum distribution (RMD) rules […]
Save Your Family Some Difficulty And Strife With Advance Health Care Directives
By: Debby Spain and Barbara Wells This one is not easy to write. It is necessary given what is happening in the world at present. It is about very important steps that each of us should be considering taking. Steps that ease the burden on our family members. Steps that decrease the potential for family […]
