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Corporate
Comprehensive Overview of the Paycheck Protection Program
April 14, 2020
By Will Johnson and Perry MacLennanOn March 27, President Trump signed the Coronavirus Aid, Relief and Economic Security (CARES) Act, a historic $2 trillion stimulus package to provide financial assistance to individuals and businesses. One of the most important components of the CARES Act is the Paycheck Protection Program (PPP), administered by the Small Business Administration (SBA).
HSB and Synergi Partners Host Webinar on Coronavirus Relief Credits
April 09, 2020
Haynsworth Sinkler Boyd and Synergi Partners provided an overview of the economic relief options currently available to employers in the FFCRA and CARES Act during a webinar on April 7, 2020Interim Final Rule Implementing Paycheck Protection Program Issued
April 02, 2020
The Small Business Administration (SBA) issued an interim final rule on Thursday, April 2, to facilitate implementation of the Paycheck Protection Program, one of the hallmarks of the CARES Act signed into law on Friday, March 30.Will Johnson Interview Featured in the Municipal Association of South Carolina Newsletter
April 02, 2020
The Municipal Association of South Carolina (MASC) interviewed Will Johnson, chair of Haynsworth Sinkler Boyd’s Economic Development practice group, for its April issue of Uptown, the MASC’s monthly newsletter.IRS Launches Employee Retention Credit
April 01, 2020
On March 31, 2020, the Internal Revenue Service (IRS) launched the Employee Retention Credit for employers who have been impacted by COVID-19. Below are details about the credit:Tax Provisions in the CARES Act
April 01, 2020
On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security (CARES) Act (H.R.748). The law is the third phase of a comprehensive federal government effort to address concerns arising from the COVID-19 pandemic, following on the Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020 (Public Law 116–123) and the Families First Coronavirus Response Act (Public Law 116–127).Overview of the SBA Economic Injury Disaster Loan (EIDL) Program
March 31, 2020
On March 6, Congress signed into law the Coronavirus Preparedness and Response Supplemental Appropriations Act. The act declared the coronavirus (COVID-19) outbreak a disaster under the Small Business Act, therefore opening the door for the SBA to use its lending authority to make economic injury disaster loans (EIDLs) for small businesses impacted by the pandemic. On March 19, the SBA certified the entire state of South Carolina as an eligible area.COVID-19 – Does Your Business Interruption Insurance Apply?
March 20, 2020
To counteract the spread of COVID-19, on March 17, South Carolina governor Henry McMaster issued orders suspending dine-in service at all South Carolina bars and restaurants and prohibiting public gatherings over fifty people.Frank Davis Elected to Executive Committee of Upstate SC Alliance
February 25, 2020
Haynsworth Sinkler Boyd shareholder Frank Davis has been elected to the Executive Committee of the Upstate SC Alliance. His two-year term begins February 25, 2020.Parker Barnes Named 2020 Leadership in Law Honoree
February 11, 2020
Haynsworth Sinkler Boyd is pleased to announce that Parker Barnes has been selected as one of the 2020 South Carolina Lawyers Weekly Leadership in Law honorees.