Business & Finance

RECENT POSTS

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.

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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,

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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

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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

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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”).

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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

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