by Sandra Mertens | Apr 20, 2020 | GCK on Law
On March 27, 2020, the CARES Act became law, creating and allocating $349 billion to the new “Paycheck Protection Program” (“PPP”) administered by the Small Business Association (“SBA”). The PPP allowed small businesses and sole proprietors to apply for loans...
by Sandra Mertens | Apr 16, 2020 | GCK on Law
During this lengthy period of isolation and social distancing, many are struggling financially who will benefit from the government’s most recent stimulus package arising from COVID-19, designated “Economic Impact Payments.” Here are some of the most frequently asked...
by Sandra Mertens | Mar 23, 2020 | GCK on Law
The novel coronavirus, also known as COVID-19, has kept millions of people across the country in their homes, caused thousands to be laid off, and affected virtually every aspect of our lives. Each day, the government announces new endeavors to aid those affected by...
by Sandra Mertens | Mar 12, 2020 | GCK on Law
On December 20, 2019, Congress enacted the SECURE Act, which stands for “Setting Every Community Up for Retirement Enhancement Act of 2019.” P.L. 116-94, Division O. The Act aims to expand and preserve retirement systems, simplify complex rules, and make retirement...
by Sandra Mertens | Feb 17, 2020 | GCK on Law
FBAR penalty litigation has frequently been in the news recently, suggesting that the IRS is either (i) increasing its efforts to collect and assess FBAR penalties more than ever before, or (ii) seeking successful outcomes from “test cases” before beginning a new wave...
