BLOG, NEWS & EVENTS

New Year, New Act

  • January 04, 2021
  • Blog
Potente, Business Lawyer and Company Formation

On December 21, 2020, the final version of the Consolidated Appropriations Act, 2021 (the “Act”), was passed by Congress and signed into law by President Trump on December 27, 2020. The Act includes a $900 billion economic stimulus package as a result of the continued need for coronavirus relief. The Act also includes several updates to the Paycheck Protection Program (“PPP”) enacted under the CARES Act, including expanded uses of PPP loan funds, options to select a covered period, easier forgiveness application processes, and many more. Please check out this JacksonLewis P.C. article, which outlines some of the changes under the Act. For the full text of the Act please click here.

NFT
  • September 29, 2022
  • Blog

The Rise and Fall of NFTs

Non-Fungible Tokens give proof of ownership of a digital object. NFTs have unique qualities that cannot be exchanged for others of the exact same type. NFTs are primarily centered around digital art, but can also include collectables, trading cards, event tickets, music, digital video clips, and virtual fashion. Although digital...

Tax exemption
  • August 11, 2022
  • Blog

Annual Tax Fees Waived for New Business in California

If you are interested in starting a Limited Liability Company in California, there is no time like the present. In an effort to welcome new businesses to the golden state, California Governor Gavin Newsome signed legislation in 2020 to exempt startups from paying the LLC franchise tax during their first...