Covid-19 Information Hub

The COVID-19 vaccine will begin to become available to Americans in just a few weeks.  It will initially be available only to frontline healthcare workers and people with increased risk for severe illness or death from COVID-19.  Nevertheless, employers should now be considering whether they will require their employees to […]

On December 1, 2020, Nebraska Governor Pete Ricketts signed Executive Order No. 20-36 waiving certain requirements of the Nebraska Open Meetings Act for all “meetings” held by specified “public bodies” defined in the Open Meetings Act. The waiver would apply for the months of December 2020 and January 2021. The […]

On March 20, 2020, the Department of Homeland Security (DHS) provided employers some flexibility in complying with Form I-9 requirements related to Form I-9.  As the pandemic continues, DHS has extended this policy multiple times, most recently through December 31, 2020. As a reminder, DHS has deferred the physical presence […]

Last Friday, we published an article summarizing Revenue Ruling 2020-27, which prevented taxpayers from taking a deduction for expenses paid using Paycheck Protection Program (“PPP”) funds in the year incurred if, “at the end of such taxable year, the taxpayer reasonably expects to receive forgiveness of the covered loan on […]

Borrowers of Paycheck Protection Program (“PPP”) loans, which are guaranteed by the Small Business Administration (“SBA”), have reached the end of their covered periods, and many are in the process of seeking forgiveness of their PPP loans.  Unfortunately, questions remained about the federal income tax consequences of potential loan forgiveness […]