Weekly stream focusing on international trade.
We are launching a series of live web events, or streams, to explore current issues related to customs and international trade. Today’s U.S. trade policies resulted in barrage of regulatory/legal activities that disrupted established supply chains and placed stress on many businesses. The goal of the coming stream would be to take a bird’s eye view on the current trade landscape and explore whether the shifts arise out of changes in paradigm (including the understanding of the paradigm itself). The stream will take place through Vimeo Platform. No registration is necessary to attend, just follow the link below. If would like to ask questions through chat, please login through web browser or download Vimeo App for iOS or Vimeo App for Android. Hope to see you there!
Discussion focusing on §1110 of the Coronavirus Aid, Relief, and Economic Security Act, also known as CARES Act. The section focuses on Economic Injury Disaster Loan (“EIDL”), which also contains a grant component for small businesses. EIDL is yet another package adopted by Congress designed to help small businesses to survive economic downturn caused by COVID-19. Application link is available at https://covid19relief.sba.gov/#/.
Discussion focusing on Sections 1102 & 1106 of the Coronavirus Aid, Relief, and Economic Security Act, also known as CARES Act. CARES Act Sec. 1102 covers essentials for obtaining loan under Paycheck Protection Program. CARES Act Sec. 1106 covers steps leading to forgiveness of the loan obtained under Paycheck Protection Program.
Discussion focusing on Sec. 2302 of the Coronavirus Aid, Relief, and Economic Security Act, also known as CARES Act. CARES Act Sec. 2302 Covers Delay of Payment of Employer Payroll Taxes.
Discussion focusing on Sec. 2301 of the Coronavirus Aid, Relief, and Economic Security Act, also known as CARES Act. CARES Act Sec. 2301 Covers Employee Retention Credit for Employers Subject to Closure Due to COVID-19.
Legal resource entities – Thomson Reuters and Walters Kluwer – launched free resource portal, which can be useful to practitioners. In addition to news updates related to specific area of law, these portals provide sample language and forms. Legal practitioners advising small businesses on payroll, loan, and financing issues, can find these portals especially useful. Here are the links: Thomson Reuters: https://uk.practicallaw.thomsonreuters.com/w-024-5087?transitionType=Default&contextData=(sc.Default)&firstPage=true&bhcp=1#co_anchor_a769721 Walters Kluwer: https://lrus.wolterskluwer.com/campaign/coronavirus-resources-tools-covid-19/ Thomson Reuters and Walters Kluwer, Thank You!
Coronavirus outbreak brought a chaos to a modern world of specialized division of labor and production. Disruption in the supply chain in one part of the world today will affect businesses in the other locations. Modern travel (or its sudden disruption) only contributed to the climate of uncertainty. Uncertainty, in turn created anxiety, as evidenced by empty shelves and aggressive attitudes of folks visiting stores in this world’s richest countries, including the United States. On top of all else, most people are strongly encouraged, and in some places required to remain within four walls of their homes most of the time. Resources are getting scarcer, anxiety is reaching new heights! What to do? One suggestion is to focus on exploring the resources that are available, especially those that come as a result of coronavirus outbreak. If you are part of the business having less than 500 employees, or a self-employed individual in New York State (or other area subject to quarantine, such as California), then exploring a resource made available by the U.S. Government can be useful. The resource that is the focus point of this article is the tax credit of up to $5,100.00/person made available by the federal…
Wishing everyone happy and prosperous New Year 2020! I would like to thank all the folks who subscribed to our YouTube channel. I received many inquiries about continuation of seminars (and their publications) on topic of U.S. Customs law and preparation for the U.S. Licensed Customs Broker examination. Because our office assumed substantial litigation responsibilities, we had to take a pause on the seminars. The pause, although substantial, is a temporary phenomenon, and we hope to jump back into the customs seminar business soon. In the meantime, sharing of perspectives for dealing with neighbors is a topic of today. New York City is a crowded place, and living here requires one to deal with all types of individuals who may not necessarily agree with your philosophy. Sometimes such disagreements result in exchange of unpleasantries and discomfort. However, disagreements can also result in opportunities. One such opportunity was presented to me this Monday, January 6, 2020 on the Eve of Russian-Orthodox Christmas. Upon returning home, I discovered that the Christmas decorations above my apartment building entrance were not working. Closer examination revealed that the Christmas projector was gone, Christmas garland not lit, wires were cut. Examination of camera footage revealed that…