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Benchmark 2020

Six Steps to PPP Loan Forgiveness

Congratulations, you received a loan under the Paycheck Protection Program (“PPP”)! Now you want to maximize your ability to take advantage of the opportunity to have up to 100% of the loan forgiven. The following guide provides overall concepts to consider in using your PPP loan proceeds.

Whiteford’s Liz Atkinson Elected ACTC Fellow, A First for a Woman Attorney in Virginia

Elizabeth J. Atkinson has been elected a Fellow of The American College of Tax Counsel, the first female attorney in Virginia to be so honored.

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Chambers Honors Whiteford in 10 Practice Areas

Whiteford, Taylor & Preston is pleased to announce that Chambers and Partners has once again ranked the firm highly in its 2020 list of leading firms and business lawyers. This year’s recognition includes 23 attorneys in 10 practice areas in 3 states and the District of Columbia.

PUBLICATION

The Work Landscape During COVID-19: What Does Normalcy Resemble? (A Webinar)

This webinar addresses the landscape surrounding the return to work during a global pandemic.

PUBLICATION

More Questions Answered in the PPP Loan Forgiveness Application

In the evening on Friday, May 15, 2020, the SBA issued the long-awaited Paycheck Protection Program Loan Forgiveness Application and its instructions (the “Application”). The Application provides a step-by-step process that will ultimately lead borrowers to a determination of the amount of their PPP loan that can be forgiven.

PUBLICATION

Recent Guidance Provides Extensions of COBRA Notice, Election, and Premium Payment Deadlines

On May 4, 2020, the Internal Revenue Service and Employee Benefits Security Administration of the Department of Labor jointly published guidance extending a number of employer deadlines for notices and claims under employer-provided retirement and welfare plans.  Most relevant to many employers will be the extensions applicable to COBRA continuation of coverage requirements.