Individual Tax Considerations for the CARES Act – Alert20200330125518

Individual Tax Considerations for the CARES Act – Alert

FMLMarch 30, 2020
On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief and Economic Security (CARES) Act, which provides relief to taxpayers affected by the novel coronavirus (COVID-19).  The CARES Act is the third phase of federal government aid related to COVID-19.  The CARES Act...
Business Tax Considerations for the CARES Act: Deep Dive20200330101800

Business Tax Considerations for the CARES Act: Deep Dive

FMLMarch 30, 2020
FML leadership shares insights that could affect how your business approaches this legislation On March 27, 2020, President Trump signed into law the $2 trillion bipartisan Coronavirus Aid, Relief, and Economic Security (CARES) Act (H.R. 748).  The CARES Act includes many fe...
Business Tax Considerations for the CARES Act – Alert20200330090300

Business Tax Considerations for the CARES Act – Alert

FMLMarch 30, 2020
On March 27, 2020, President Trump signed into law the $2 trillion bipartisan Coronavirus Aid, Relief, and Economic Security (CARES) Act (H.R. 748), which includes many federal income tax relief provisions for business taxpayers and their owners. FML’s Justin Wilcox, Lisa Willauer and Bill Claffey e...
CARES Act – Considerations for Venture Capital Backed Companies20200328182648

CARES Act – Considerations for Venture Capital Backed Companies

FMLMarch 28, 2020
The following has been summarized for FML audiences from a synopsis of the CARES Act titled “Affiliation in the Context of SBA Loans – Guidance for Venture Capital Investors” provided by the National Venture Capital Association (NVCA) as of...
CARES Act – Paycheck Protection Program20200328112207

CARES Act – Paycheck Protection Program

FMLMarch 28, 2020
UPDATED April 7, 2020 On March 27, 2020, the House passed and President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (CARES ACT).  Title I, the Keeping American Workers Paid and Employment Act provides one of the key provisions of this Stimulus legislation, the Paycheck Protec...
Connecticut Recovery Bridge Loan Program20200326101800

Connecticut Recovery Bridge Loan Program

FMLMarch 26, 2020
On Wednesday, March 25, 2020, Governor Lamont and the State of Connecticut launched the Connecticut Recovery Bridge Loan Program to offer assistance to qualified businesses and nonprofit organizations in Connecticut in need of cash to get through the Covid-19 emergency.  Loans will be appr...
HR 6201 – Paid Sick Time and Paid Family Medical Leave20200325104306

HR 6201 – Paid Sick Time and Paid Family Medical Leave

FMLMarch 25, 2020
Under the law, employers with fewer than 500 employees are allowed a credit against employer Social Security tax liability equal to 100 percent of the qualified sick leave wages paid by the employer, subject to certain caps. The credit is increased by certain specified health expenses (such as, empl...
Tax Extensions due to COVID-1920200319154333

Tax Extensions due to COVID-19

FMLMarch 19, 2020
Updated 4/15/20 10:40 a.m. EDT – the original post was published on 3/19/20 at 3:43 p.m. EDT As expected, in response the federal government’s announcement regarding extensions of federal tax payments, additional states issued formal guidance regarding their response to the Covid-19 pandemic. ...
Cracking into Accounting20200304133640

Cracking into Accounting

FMLMarch 4, 2020
FML is welcoming applications for our leadership development program: Leadership That Counts. Open to matriculated undergraduate students interested in pursuing a career in accounting, this two-day program is designed to give participants a look into who and what make our company tick, and how life ...
Yale Office of Cooperative Research (OCR) and Fiondella, Milone and LaSaracina LLC (FML) form corporate partnership to help Yale spinouts succeed20200204154323

Yale Office of Cooperative Research (OCR) and Fiondella, Milone and LaSaracina LLC (FML) form corporate partnership to help Yale spinouts succeed

FMLFebruary 4, 2020
Today, the Yale Office of Cooperative Research (OCR), whose mission is to turn Yale research into commercial opportunity and catalyze regional development, announced that Fiondella, Milone and LaSaracina (FML) will join their roster of expert resources available to Yale innovators. ...