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Business owners who purchased a business interruption (BI) insurance policy may or may not be able to recoup losses due to the coronavirus. This is based on an endorsement from the Insurance Services Office that excludes losses due to virus or bacteria. The issue is being taken up by the NJ legislature.

IRC Sec. 139 may be used in instances where the president declares a national disaster under the Stafford Act. In addition to the extensions of family leave, additional paid sick leave, free virus testing, and other provisions in recent federal and state legislation, IRC Sec. 139 provides employers that wish to provide additional assistance to employees a mechanism to make payments that are tax-free to employees and deductible to the employer.

Legislators are working feverishly to finalize a $2.2 trillion federal stimulus package—the Coronavirus Aid, Relief and Economic Security (CARES) Act H.R. 3458—designed to help employees and businesses weather the devastating economic impacts of COVID-19.

Summary of FINRA’s recently released guidance related to Rule 4370 business continuity planning.

Eight tips for business leaders regarding communicating with their teams as they navigate through difficult waters.

While some tax deadlines have been extended, uncertainty still exists in real estate deferral provisions such as IRC Sec. 1031 exchanges and qualified opportunity funds.

COVID-19 gives fund managers no other option but to work from home (WFH). They need to adapt accordingly and quickly to maintain their alpha and investor trust. Everyone has a litany of tips of what to do – but here are a few tips of what to avoid when WFH.

IRS Notice 2020-18 provided federal income tax return filing and payment relief in response to the COVID-19 pandemic. On March 24, as part of clarification efforts, the IRS released a series of FAQs.

Power of attorney, health care proxy – the COVID-19 pandemic has us considering many critical aspects.

AICPA President Barry Melancon has called for immediate measures to avoid layoffs at small businesses.

EisnerAmper hosted a virtual meeting with about a dozen CFOs of middle market NJ companies to discuss of topics such as the business, financial, accounting, and organizational issues they are all addressing due to COVID-19.

Under IRC Sec. 7701, foreign individuals who come to the U.S. for business, medical visits or tourism who are unable to return to their home countries may become U.S. tax residents by virtue of the number of days spent in the U.S. The coronavirus pandemic, between travel restrictions and new diagnoses, is having an impact on some travelers’ time and itineraries.

COVID-19 continues its aggressive pace across the globe, and the impact on the hospitality industry has been unforgiving. As tracked by industry analysts, hotel stocks have fallen by over 50% since January 1, 2020 versus approximately 30% for the broader indexes. Now is the time to address costs, insurance, and brand management concerns.

Post one of a new blog regarding the impact of COVID-19 on alternative investment funds. Focus is on private equity portfolio companies in distress as well as technology tips for fund personnel working remotely.

The IRS has announced it is indeed extending the April 15 tax filing deadline: For any “person” with a federal income tax payment or a federal income tax return due April 15, 2020, the due date for filing and making such payments is automatically postponed to July 15, 2020.

COVID-19 has created an incredibly uncertain economic environment. Many of us are concerned with its impact on our finances and our businesses: How are we going to manage our relationships with our bankers and other lending relationships?

The Families First Coronavirus Response Act one of many pieces of legislation that will address the various impacts of the COVID-19 pandemic, includes provisions that will ease the burden of the issues stemming from the COVID-19 pandemic as well as provides employers tax credits to offset costs associated with the paid sick leave and paid family leave provisions of the Act.

EisnerAmper has created a brief survey so we can benchmark the major questions regarding people working remotely and possibly provide a little insight from an IT perspective, today and for the foreseeable future.

A quick look at the suddenly growing practice of telehealth and its potential tax ramifications.

Supply chain, work arrangement and pattern, reduction of non-essential medical procedures, expected tightened public and private capital sourcing, and more issues are having a profound impact on life sciences companies as they fight the COVID-19 pandemic. This article addresses some of those issues as well as how government relief programs can assist.