Legal Updates Archives - Page 3 of 4

April 10, 2020 IRS Offers Relief For 1031 ExchangesTreasury Notice 2020-23, released April 9, 2020 provides some relief to taxpayers engaged in like-kind exchanges. The full notice is available here: https://www.irs.gov/pub/irs-drop/n-20-23.pdf The Notice provides an extension to July 15, 2020 for taxpayers whose 45th day identification period or 180th day exchange period fall between April 1, 2020 and July 14, 2020. Likewise, taxpayers engaged in reverse …

IRS Offers Relief For 1031 Exchanges

April 2, 2020 IRS issues warning about Coronavirus-related scamsThe IRS has issued a warning about Coronavirus-related scams, and a reminder to watch out for schemes tied to economic impact payments. From the warning: “We urge people to take extra care during this period. The IRS isn’t going to call you asking to verify or provide your financial information so you can get an …

IRS issues warning about Coronavirus-related scams

April 2, 2020 IRS Initiatives in Response to Covid-19 CrisisThe Internal Revenue Service has announced a series of new initiatives to assist taxpayers during the COVID-19 crisis, including extending the deadline for filing federal income tax returns to July 15, 2020, and providing immediate relief through the People First Initiative, which includes, but is not limited to, relief for taxpayers relating to Installment Agreements, …

IRS Initiatives in Response to Covid-19 Crisis

April 1, 2020 Employers Required to Post NoticeThe Family First Coronavirus Response Act (FFCRA) requires employers to post or otherwise provide notice to employees regarding expanded rights under the Family and Medical Leave Act (FMLA) by April 1, 2020. All covered employers are required to display and keep displayed the poster linked below. The poster must be displayed in a conspicuous place …

Employers Required to Post Notice

April 1, 2020 Coronavirus Aid, Relief, and Economic Security (CARES) ActSummers Compton Wells LLC has been closely monitoring legislative and regulatory developments concerning the COVID-19 (coronavirus) pandemic to help business owners understand how to respond to the coronavirus pandemic. Updated April 3, 2020. CARES Act The firm has prepared some resources that might be useful to small businesses, including self-employed individuals and sole-proprietors, under the …

Coronavirus Aid, Relief, and Economic Security (CARES) Act

March 24, 2020 St. Louis Area Authorities Issue “Stay at Home” OrdersDue to the spread and threat of COVID-19, authorities in St. Louis City, St. Louis County, St. Charles County, and Jefferson County have issued Orders for residents to stay at home unless engaged in essential business. The Order for St. Louis County went into effect on March 23, 2020 at 12:01 a.m. and will continue …

St. Louis Area Authorities Issue “Stay at Home” Orders

March 20, 2020 Families First Coronavirus Response Act: What Employers and Employees Need to KnowSummers Compton Wells LLC has been closely monitoring legislative and regulatory developments concerning the COVID-19 (coronavirus) pandemic to help employers and employees understand how to respond to the coronavirus pandemic. The following paper is prepared in connection with these efforts. Families First Coronavirus Response Act: What Employers and Employees Need to Know Updated March 20, …

Families First Coronavirus Response Act: What Employers and Employees Need to Know

March 18, 2020 COVID-19 ResourcesBelow are resources the attorneys at Summers Compton Wells have found integral in our navigation of COVID-19. Should you have any questions about the precautions our team is taking during this time, please feel free to contact us. HHS Business Pandemic Planning Checklist St. Louis County COVID-19 Information St. Louis City COVID-19 Information St. Charles County …

COVID-19 Resources

March 18, 2020 Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020On March 5, 2020, the President signed the Coronavirus Preparedness and Response Supplemental Appropriations Act of 2020, which provides $8.3 billion in emergency funding for federal agencies to help combat the spread of the 2019 Novel Coronavirus (also referred to as COVID-19). Within the Department of Health and Human Services (“HHS”), the bill provides Fiscal …

Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020

December 5, 2019 Missouri Court of Appeals, Southern District affirms judgment clearing title to the Branson LandingThe Missouri Court of Appeals, Southern District affirmed a Taney County judgment disposing of adverse title claims, and in the process finally cleared title to the Branson Landing. The Southern District’s Opinion affirming Summary Judgment in favor of Branson Landing developer HCW Development Company, LLC is the latest in a long string of consecutive favorable …

Missouri Court of Appeals, Southern District affirms judgment clearing title to the Branson Landing