Section 230 of the U.S. Code has suddenly become one of the government’s hottest topics, thanks in part to a recently released Executive Order penned by President Trump. As of the date of this article, there is pending legislation, a newly-released Department of Justice report, and at least one Senatorial request for the
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LAST WISHES: LEGAL RIGHTS CONCERNING LAST RITES
By Pierre Ciric
When working on an estate plan, most of the focus is on “stuff.” It is easy to make a list of financial assets, heirlooms, real estate and other physical items acquired, and put together how you want to dispose of those items in a will or in a trust. One important thing not to overlook…
UPDATED FINANCIAL ASSISTANCE FOR SMALL BUSINESSES IN NEW YORK
By Pierre Ciric
In a previous article, we laid out initial financial assistance available for small businesses in New York affected by the COVID-19 pandemic. As of April 23, the U.S. Congress has passed H.R. 266, the Paycheck Protection Program and Health Care Enhancement Act, which allocates additional funding for two key programs providing critical financing…
KEEPING YOUR HEAD ABOVE WATER: ARE MUSEUMS REALLY ABLE TO SELL ARTWORK FROM THEIR COLLECTIONS TO SURVIVE?
By Pierre Ciric
As COVID-19 spread across the globe, most museums were forced to close their doors to the public to comply with “stay at home” orders and social distancing requirements. Like many other businesses, museums are cutting pay and furloughing workers in an effort to deal with the financial hardships caused by the pandemic. Others have taken…
ADDITIONAL FEDERAL TAX EXTENSIONS TO JULY 15TH
By Pierre Ciric
The Internal Revenue Service (IRS), has extended more deadlines to allow additional relief to taxpayers who have income tax returns due, or other filing and/or payment requirements that fall after April 1st and before July 15th. On April 9, 2020, the IRS issued Notice 2020-23 to amplify and supplement the prior filing and payment extensions…
FINANCIAL ASSISTANCE FOR NOT-FOR-PROFIT ORGANIZATIONS IN NEW YORK CITY
By Pierre Ciric
In a previous article we discussed various financial assistance programs available to small businesses in New York City due to the COVID-19 pandemic. This article focuses on the financial assistance programs available to not-for-profit organizations in New York City as a result of the pandemic.
FEDERAL ASSISTANCE
The Coronavirus Preparedness and Response Supplemental Appropriations (CARES)…
SPEAKING ON BEHALF OF SOMEONE WHO CANNOT SPEAK FOR THEMSELVES – NEW YORK HEALTH CARE PROXIES AND SURROGATES
By Pierre Ciric
As the US battles the COVID-19 pandemic, there are numerous stories from both the famous to everyday people, who had family members placed into medically-induced comas and put on ventilators to survive. However, once someone is unable to communicate with their doctors about treatments and make decisions about their health care, who decides and…
New York Gov. Cuomo Issuing Orders Significantly Impacting Your Legal Rights
By Pierre Ciric
As the COVID-19 global health crisis impacts U.S. businesses in all industries and Americans in their daily lives, states have reacted quickly to manage the health and economic effects of the pandemic.
As of this article’s publication date, the New York Executive Branch has taken a number of initiatives over the past couple of weeks…
Financial Assistance for Small Businesses in New York City
By Pierre Ciric
[Updated: March 30, 2020]
With the World Health Organization declaring COVID-19 a pandemic on March 11, 2020, the impact on our communities and our businesses here in New York and across the United States is likely to be immense and profound.
As of this article’s publication date, a number of options are available to small…
Some Significant Adjustments to the 2020 Tax Season
By Pierre Ciric
[Updated: April 2, 2020]
As the COVID-19 pandemic continues to impact the regular lives of U.S. citizens and New Yorkers, it also has a significant impact on the 2020 tax season as well. Both the U.S. federal government and New York State Department of Taxation and Finance are making important adjustments to ease taxpayers’ burden.…