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Small Businesses

CARES Act Expands Eligibility Under the Small Business Reorganization Act: What Distressed Small Businesses and Their Creditors Should Know

The Coronavirus Aid, Relief and Economic Security (CARES) Act temporarily expands eligibility for “small businesses” to reorganize under Chapter 11 over creditor objection under a new law that streamlines Chapter 11 reorganizations Subchapter V modifies or eliminates many traditional Chapter…

Beware of COVID-19 fraud and scams

WASHINGTON — The Internal Revenue Service today urged taxpayers to be on the lookout for a surge of calls and email phishing attempts about the Coronavirus, or COVID-19. These contacts can lead to tax-related fraud and identity theft. “We urge…

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