COVID-19 Updates

By Hertz Schram Many Americans spend a lot of time and effort in managing their finances. While most are worried about how the coronavirus (COVID-19) will impact their income—whether that’s because they are temporarily furloughed, find themselves suddenly without a job, or watching their investment and retirement accounts dwindle—there is another way COVID-19 can wreak […]

By Hertz Schram As the coronavirus continues to disrupt daily life and leave Americans uncertain of the future, you don’t have to feel helpless during this pandemic. In fact, now is a great time to be proactive and plan ahead should you or a loved one fall ill. One of the most important and relatively

By Hertz Schram  TO ALL OUR CLIENTS AND THEIR ADVISORS: First and foremost, we hope that you and your families are staying healthy during the pandemic. Congress has passed unprecedented legislation in response to the economic disruption caused by the COVID-19 outbreak. Every state is deemed a “disaster” area under this legislation. This update contains three

By Attorney Jeffrey A. Robbins, Esq. The U.S. Department of Treasury released on Monday, April 6, 2020, supplementary rules regarding the SBA Loan Programs by publishing an addendum the Interim Final Rule it released on Friday, April 3, 2020, for the purpose of guiding a small business to determine if it meets the threshold to

By Attorney Jeffrey A. Robbins, Esq. The U.S. Small Business Administration posted its interim final guidelines late yesterday (April 2, 2020) in anticipation of banks accepting applications starting Friday, April 3, 2020. You can view the newly released guidelines for the Paycheck Protection Program for further guidance by clicking here.  These guidelines provide further guidance

By Attorney Kenneth F. Silver The Paycheck Protection Program rules are changing quickly. New updates came out yesterday from the U.S. Department of Treasury providing further guidance. A summary Informational Sheet can be located here. Applications can be submitted starting April 3rd. A sample Application form can be found here. Note there is a change

By Matthew J. Turchyn, Esq. I have the answer for you!  This update contains information about how the Coronavirus pandemic impacts workers and businesses in Michigan.  Let’s first review and understand why the COVID-19 “Stay Home, Stay Safe” executive order (the “Order”) was enacted by Governor Gretchen Whitmer on March 23, 2020.  The Order was