Deadline Extended for Main Street Lending Program Loans
The Federal Reserve’s Main Street Lending Program (MSLP) recently expanded to include two new loans specifically for nonprofit organizations. In addition to this further explanation, all the loan...
View ArticleGuidance Released on Deferring Employee Social Security Taxes
The IRS released guidance for employers regarding President Trump’s August 8, 2020 memorandum on withholding, deposit, and payment of employee Social Security taxes for the period of September 1, 2020...
View ArticleAugust 2020 Federal and State Extensions of Foreclosures and Eviction...
The Federal Housing Administration (“FHA”) announced another extension of its foreclosure and eviction moratorium through December 31, 2020 for homeowners with an FHA-insured single-family mortgage...
View ArticleTemporary Residential Eviction Moratorium Order from the CDC and HHS Announced
The Centers for Disease Control and Prevention (CDC) and Department of Health and Human Services (HHS) issued an Agency Order effective September 4, 2020 announcing a temporary moratorium on...
View ArticleChanges to the Missouri Merchandising Practices Act and Claims for Punitive...
Governor Mike Parson recently signed Missouri SB 591, which brings significant changes to the Missouri Merchandising Practices Act (MMPA) and claims for punitive damages. The statute also adds new...
View ArticleDepartment of Labor’s Updated Regulations for FFCRA
The Department of Labor (DOL) published new guidelines on September 16, 2020 that revise and clarify portions of the Families First Coronavirus Relief Act (FFCRA). The new guidelines were issued...
View ArticleWhat is The Best Franchise Model For You?
Today, approximately 35 percent of franchises are owned solely or co-owned by women and that percentage is steadily increasing. Women’s superior relationship skills shine in service businesses and...
View ArticleAccess to Patient Medical Records During COVID-19
Issues relating to a patient’s right of access to medical records have never been more important than now, in the midst of the COVID-19 pandemic. Healthcare providers, big and small (from a large New...
View ArticleIs the Arbitration Provision in Your Employment Contract Enforceable?
Many employers require their employees to execute employment agreements, often containing confidentiality and non-compete clauses, which contain provisions requiring arbitration of any claim which an...
View ArticleUpdates Made to Three Main Street Loan Facilities from the Federal Reserve
The Federal Reserve Board recently adjusted the terms of the Main Street Lending Program (MSLP) in an effort to focus their support on smaller businesses who continue to suffer due to the pandemic. The...
View ArticleOptions for Small Business Owners in Financial Distress: A 5-Part Series
Many small business owners are suffering financially due to the effects of COVID-19 and the unpredictable, rapidly changing economy in general. In this five-part series, we will discuss the various...
View ArticleYour Small Business: Getting Through the Economic Turbulence
Part 1 of a 5-part series: Options for Small Business Owners in Financial Distress Suppose your small business has been doing fairly well over the last few months in spite of COVID-19 and the many...
View Article$5,000 Grants Available to Restaurants and Small Businesses in St. Louis County
In response to the tightening of COVID-19 restrictions for restaurants and some other small businesses, St. Louis County Executive Sam Page announced $5,000 grants through the Small Business Rapid...
View ArticleAccumulating Cash and Improving Your Business’ Cash Flow
Part 2 of a 5-part series: Options for Small Business Owners in Financial Distress Cash is how your business likely will get through its difficulties. Simply put, obtain as much cash as you can, and...
View ArticleFMCSA’s New Rules Offer Improved Flexibility to Commercial Motor Vehicle Drivers
For years, commercial drivers and transportation companies have urged the Federal Motor Carrier Safety Administration (FMCSA) to provide greater flexibility in the hours of service (HOS) regulations....
View ArticleCOVID-19 Vaccines and the Workforce – Mandatory or Encouraged?
Getting back to normal in the next year or so may be impossible without the widespread use of COVID-19 vaccines. Although authorities do not anticipate the vaccines will be widely available until...
View ArticleCDC Temporary Halt in Residential Evictions to Prevent the Further Spread of...
On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law. This law provided different types of relief to Americans and business entities as a result of...
View ArticleFinancial Relief for Your Troubled Small Business Clients
It’s no secret that many small businesses are facing financial troubles these days, not only because of the COVID-19 pandemic, but also because of the rapid and unpredictable twists and turns of the...
View ArticleIllinois Legislature Passes Bill Allowing for Prejudgment Interest on...
Illinois law traditionally has not allowed for prejudgment interest on personal injury claims, but that rule is about to change. On January 13, 2021, the Illinois legislature passed House Bill 3360....
View ArticleWhat, Me Worry? If You Store Customers’ Personal Information on Your Computer...
MAD Magazine’s Alfred E. Nuemann would famously say, “What, Me Worry?” If you store personal information about your clients or customers on your computer, however, you should worry that it is properly...
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