• 03.27.20

    CARES Act Retirement Plan Provisions

    The 10% additional tax that generally applies to distributions received prior to age 59-1/2 from IRAs and tax qualified retirement plans (including 401(k) plans) will not apply to any coronavirus-related distribution, provided that such distributions to an individual do not exceed $100,000 in any ...

  • 03.27.20

    Qualified Improvement Property Deduction Technical Correction

    The Tax Cuts and Jobs Act (TCJA) signed into law on December 22, 2017, was intended to accelerate the depreciation of “qualified improvement property” (QIP), which is generally defined as any improvement made to the interior portion of a nonresidential building any time after the ...

  • 03.27.20

    Employee Retention Tax Credit for Employers Subject to Closure Due to COVID-19

    To help employers (including tax-exempt organizations) affected by the COVID-19 pandemic, the Coronavirus Aid, Relief, and Economic Security (CARES) Act (H.R. 748) provides for an employer federal tax credit against the Social Security portion of payroll tax that the employer pays.

  • 03.27.20

    Miscellaneous Employee Benefit Provisions of the CARES Act

    From March 27 through the end of 2020, employers may use an Internal Revenue Code Section 127 educational expense reimbursement plan to assist employees in repaying their student loans obtained for qualified higher education.

  • 03.27.20

    Emerging Company Fundraising: What to Expect as a Result of COVID-19

    As has become clear to all of us, the devastating spread of COVID-19, the disease caused by the novel coronavirus, has created a public health crisis, disrupted the global economy and challenged us to rethink the fundamental considerations of all businesses, especially the economic imperatives for ...

  • 03.26.20

    COVID-19: Health System Policy and Guidance Updates on Selected Issues

    To help our clients and friends navigate a complex and rapidly changing landscape, Manatt Health is providing this summary of developments related to selected issues for health systems and providers as of March 26, 2020.

  • 03.26.20

    New York Orders Fee Waivers, Mortgage Forbearance

    The New York Department of Financial Services (DFS) released guidance for its regulated financial institutions and mortgage servicers in light of the COVID-19 pandemic, authorizing banks to take “reasonable and prudent actions” to work with consumers and small businesses that have been ...

  • 03.26.20

    Important Considerations for Lenders in Response to the Coronavirus Pandemic

    Given the severe economic impact of the coronavirus pandemic, lenders across the country are facing, and will continue to face, increasingly difficult decisions regarding borrowers that cannot make payments or fulfill financial covenants because their revenue has dramatically decreased as a result.

  • 03.25.20

    President Trump Issues Executive Orders Under the Defense Production Act

    On March 18, President Donald Trump issued an Executive Order invoking the Defense Production Act (DPA) to “Prioritiz[e] and Allocat[e] Health and Medical Resources to Respond to the Spread of Covid-19.”

  • 03.25.20

    COVID-19: Providing Coverage and Care to People Eligible for Medicaid but Unenrolled

    Coverage is the first step to ensuring that people have the care and information they need during this public health crisis while also ensuring a payment source for testing and treatment.



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