Thought Leadership
May 2020
Businesses’ Transition from Stay Home MN to Stay Safe MN: Why COVID-19 Preparedness Plans are Key
On Wednesday night, Governor Walz announced a series of efforts targeted at keeping Minnesotans safe as the economy gradually reopens for business. That same... Read more
May 2020
SBA Issues Guidance to Further Clarify the Audit Process for PPP Loans and Creates New Safe Harbor
On May 13, 2020, the U.S. Small Business Administration (SBA) issued guidance that further clarified the audit process for Paycheck Protection Program (PPP) loans... Read more
May 2020
COVID-19 Stimulus Checks: How to Return if the IRS Sent a Stimulus Check to a Deceased Individual
The Coronavirus Aid, Relief and Economic Security (CARES) Act provided for cash rebates to certain qualifying Americans. The IRS started sending out stimulus checks in... Read more
May 2020
Department of Treasury PPP Loan Audits: How to Ensure Your Businesses’ Loan Application Certification Was In Good Faith
UPDATE: Since this original article was published, the SBA has issued an extension for the repayment date of safe harbor from May 7, 2020... Read more
May 2020
Reopening During COVID-19: Is Your Business Prepared for the “New Normal”?
In preparation for lifting their “Stay at Home” or similar orders in the coming weeks, governors and public health authorities in some states are... Read more
April 2020
Aviation Getting Back to Work: Employee and Customer Considerations
As local stay at home orders become lifted or relaxed, more employers will be able to open their doors to their employees and their... Read more
April 2020
Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) Funds Available on Monday, April 27
UPDATE: THE SBA WILL RESUME ACCEPTING PAYCHECK PROTECTION PROGRAM (PPP) LOAN APPLICATIONS ON MONDAY, APRIL 27 AT 9:30 A.M. CDT FROM APPROVED LENDERS. Congress... Read more
April 2020
Minnesota Governor Allows Reopening of Select Businesses, But Careful Planning is Key to Opening
Yesterday afternoon, Governor Walz announced the issuance of Executive Order 20-40 (“Order”), which will allow many employers in non-critical sectors to reopen their business... Read more
April 2020
Paying Attention to Tax Filing and Payment Deadlines Extended Due to COVID-19 – Trusts & Estates Edition
The IRS and Minnesota Department of Revenue have announced extensions to certain tax return filing and tax payment deadlines due to the COVID-19 pandemic. Generally,... Read more
April 2020
Charges for Discrimination and Other Civil Lawsuit Deadlines are Extended in the Wake of the COVID-19 Pandemic
On April 22, 2020, Governor Walz signed Executive Order 20-39 (“Order”), which extended deadlines related to the filing of charges of discrimination with the... Read more
April 2020
How Businesses Should Prepare to Navigate the Next 18 Months
Perhaps like you, I often get the feeling that our health and political leaders are unable to talk about life beyond the next two... Read more
April 2020
Are You A Part 135 Air Carrier? It’s Not Too Late To Receive Federal Aid (If You Act Quickly)
The Paycheck Protection Program (“PPP“) loan funds may no longer be available, but if you are a Part 135 charter operator or other eligible aviation... Read more
April 2020
After the Rush: Tax Considerations You May Not Have Considered for COVID-19 Stimulus Programs
You have undoubtedly heard of the various state and federal government programs to blunt the financial impact of COVID-19 – from $1,200 individual stimulus... Read more
April 2020
Governor Walz Signs Extended “Stay at Home” Order and Expands Classification of Essential Businesses
On April 8, 2020, Governor Walz signed Emergency Executive Order 20-33 (the “Order”) extending until May 3, 2020, at 11:59 pm the Stay at... Read more
April 2020
Taking It One Day at a Time: Mergers and Acquisitions Activity, Market Volatility, and COVID-19
After years of solid mergers and acquisition activity, the Coronavirus and its associated economic impact upended 2020 expectations. Markets and the country’s current financial... Read more