Writings by Jeffrey K. Cassin

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How to Make Sure Your PPP Loan Is Forgiven

For most small businesses, loan forgiveness is the most attractive aspect of the Paycheck Protection Program (PPP)... For most small businesses, loan forgiveness is the most attractive aspect of the Paycheck Protection Program (PPP). With that in mind, it is imperative to comply with all of the program’s requirements. Over the past several weeks, the […]

Author: Jeffrey K. Cassin

July 13, 2020

Paycheck Protection Program

Navigating Mergers And Acquisitions Amid the COVID-19 Pandemic

The coronavirus (COVID-19) pandemic is having a profound effect on mergers & acquisitions… The coronavirus (COVID-19) pandemic is having a profound effect on mergers & acquisitions. Some transactions are on hold until market conditions stabilize, while others are proceeding forward cautiously on both the buy and sell side. Given the uncertainty surrounding the pandemic, it […]

Author: Jeffrey K. Cassin

July 6, 2020

SBA Issues New Guidance on Paycheck Protection Program Eligibility

The Small Business Association (SBA) is closely scrutinizing the recipients of PPP resources… The Small Business Association (SBA), under pressure to make sure that the Paycheck Protection Program (PPP) funds are properly distributed and used, is closely scrutinizing the recipients of PPP resources. Further, large corporations are facing public (and potential legal) backlash for participating […]

Author: Jeffrey K. Cassin

May 6, 2020

COVID-19

NJEDA Rolling Out New Entrepreneurship Guarantee Program to Help Fund Startups

The NJEDA continues to unveil new programs designed to lessen the economic fallout of the coronavirus (COVID-19)… The New Jersey Economic Development Agency (NJEDA) continues to unveil new programs designed to lessen the economic fallout of the coronavirus (COVID-19). The latest, known as the NJ Entrepreneurship Guarantee Program, seeks to encourage private sector investors to […]

Author: Jeffrey K. Cassin

April 24, 2020

NY City Financial Assistance Programs for Small Businesses

To help businesses weather the storm that is COVID-19, NYC is providing two new financial assistance programs for small businesses seeing a reduction in revenue because of the pandemic… Small businesses in New York City are being hit particularly hard by the coronavirus (COVID-19) pandemic. To help businesses weather the storm, New York City is […]

Author: Jeffrey K. Cassin

March 31, 2020

COVID-19

Could Your Business Benefit from the NJEDA’s New COVID-19 Initiatives?

The NJEDA recently announced several new initiatives designed to help New Jersey businesses cope with economic hardships resulting from the COVID-19 pandemic… The New Jersey Economic Development Authority (NJEDA) recently announced several new initiatives designed to help New Jersey businesses cope with economic hardships resulting from the COVID-19 pandemic. The initiatives include a grant program […]

Author: Jeffrey K. Cassin

March 31, 2020

COVID-19

New Law Seeks to Help NJ Businesses Bypass SALT Cap for NJ Taxes

On January 13, 2020, Gov. Phil Murphy signed the Pass-Through Business Alternative Income Tax Act (A-4807/S-3246)… On January 13, 2020, Gov. Phil Murphy signed the Pass-Through Business Alternative Income Tax Act (A-4807/S-3246). The new law allows flow-through businesses in New Jersey, such as sub-S corporations, partnerships or limited liability companies (LLCs), to elect to pay […]

Author: Jeffrey K. Cassin

March 3, 2020

New Jersey

Five Top Legal Tips for Startups

Turning a start-up into a profitable business is a monumental task and is often riddled with potential legal landmines Turning a start-up into a profitable business is a monumental task. The process is also riddled with potential landmines that can derail even the most dedicated entrepreneurs. As New York and New Jersey business lawyers, we regularly work with […]

Author: Jeffrey K. Cassin

February 5, 2020

Opportunity Zone Program Changes on the Horizon

December 31, 2019 is the final date to receive the full tax benefit of Opportunity Zone investing… December 31, 2019 is the final date to receive the full tax benefit of Opportunity Zone (“OZ”) investing. Nonetheless, the program continues to evolve. Opportunity Zone IMPACT Act Senator Tim Scott (R-SC) recently introduced the Improving and Reinstating the Monitoring, […]

Author: Stephanie D. Edelstein

December 30, 2019

IRS Releases Final Opportunity Zone Regulations

The IRS recently published its much-anticipated final regulations on Qualified Opportunity Funds… The Internal Revenue Service (IRS) recently published its much-anticipated final regulations on Qualified Opportunity Funds. The regulations build on prior guidance and provide additional information on how an entity becomes a qualified opportunity fund (QOF) or qualified opportunity zone (QOZ) business, and the requirement […]

Author: Jeffrey K. Cassin

December 26, 2019

New Jersey Opportunity Zone Marketplace Connects Investors

To Facilitate Investment in the Program, NJ Recently Launched a New Opportunity Zone Marketplace Online Portal New Jersey recently launched a new website aimed at connecting investors with business investment, real estate, and community improvement projects in the state’s designated Opportunity Zones. The Opportunity Zone Marketplace is one of several tools aimed at facilitating Opportunity Zone […]

Author: Stephanie D. Edelstein

October 28, 2019

New Jersey

A Buy-Sell Agreement Can Help Avoid Costly Legal Disputes

To Avoid Various Potential Legal Disputes When Selling One’s Ownership Interest, it is Recommended to Develop a Buy-Sell Agreement No one wants to think about leaving a business, particularly when it’s just getting started. But you should. Having a plan in place for when a business owner wants to sell his or her stake or […]

Author: Jeffrey K. Cassin

October 8, 2019

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