Business & Finance


New Revenue Rule Affects Franchisors

attorney Barry Kurtz

Barry Kurtz | Shareholder

February 25, 2021

An updated rule issued by the Financial Accounting Standards Board (“FASB”) will again change when most franchisors can recognize revenue in their financial statements from the sale of their franchises and their collection of initial franchise fees.

Read More

How Did I Not See This Coming? Retroactive Application of Dynamex

attorney Sue m. Bendavid

Sue M. Bendavid | Shareholder

January 14, 2021

Today, the California Supreme Court held that the ABC Test, as articulated in Dynamex, applies retroactively to claims under California’s Industrial Welfare Commission Wage Orders. ABC Test Background In 2018, in notable Dynamex Operations West,

Read More

Co-ops: A Tool for Small Business Recovery

Attorney David Gurnick

David Gurnick | Shareholder

January 5, 2021

Many small businesses have been hurt or even destroyed by the COVID-19 pandemic. Owners may have lost their business and their funds. One of the legal tools that can help some owners recover is the

Read More

COVID-Related Tax Relief Act Summary

attorney Peter L. Ente

Peter L. Ente | Senior Counsel

December 23, 2020

(As of December 22, 2020) Congress passed the $900 Billion COVID-Related Tax Relief Act of 2020 (“COVIDTRA” or “the Act”) as part of the Consolidated Appropriations Act of 2021, on December 21, 2020. As of

Read More

Update Regarding the Paycheck Protection Program

Attorney Keith T. Zimmet

Keith T. Zimmet | President, Managing Shareholder

December 22, 2020

(as of December 22, 2020) On December 21, 2020, the U.S. Senate and the U.S. House of Representatives passed the Consolidated Appropriations Act of 2021, which includes the COVID-Related Tax Relief Act of 2020 (“COVIDTRA”).

Read More

Top Employer Questions as We Round the Curve to the New Year

attorney Sue m. Bendavid

Sue M. Bendavid | Shareholder

December 16, 2020

Welcome to the holiday season! Usually, this is the time we advise employers about holiday celebrations, provide warnings about serving alcohol during company parties, and field questions regarding employee time off requests. This year, the

Read More




This Blog/Web Site is made available by the lawyer or law firm publisher for educational purposes only, to provide general information and a general understanding of the law, not to provide specific legal advice. By using this blog site you understand there is no attorney client relationship between you and the Blog/Web Site publisher. The Blog/Web Site should not be used as a substitute for obtaining legal advice from a licensed professional attorney in your state.

© 2021 Lewitt Hackman. All rights reserved. | Attorney Disclaimer | Privacy Policy Site design by ONE400Opens in a new window
[contact-form-7 404 "Not Found"]