News & Publications
Applications Available Starting May 26th for the Coronavirus Food Assistance Program
On Tuesday, May 19, 2020, the United States Department of Agriculture (“USDA”) released additional details regarding the Coronavirus Food Assistance Program (“CFAP”), which will provide up to $16 billion in direct payments to producers of agricultural commodities...
Loan Forgiveness Application Now Available for the Paycheck Protection Program
On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) to “provide emergency assistance and health care response for individuals, families, and businesses affected by the 2020 coronavirus...
New SBA Guidance Regarding Certification of Loan Necessity for Paycheck Protection Program Loans
On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) to “provide emergency assistance and health care response for individuals, families, and businesses affected by the 2020 coronavirus...
Dvorak Law Group Adds Two Attorneys, Graham and Patton
Dvorak Law Group, LLC is pleased to announce the addition of two attorneys to the firm. Keith M. Graham joins the firm’s litigation/dispute resolution practice group and Janelle R. Patton joins the firm’s business and corporate, mergers and acquisitions, and tax...
SBA Now Accepting EIDL Applications from Farmers and Ranchers
On April 24, 2020, President Trump signed into law the Paycheck Protection Program and Health Care Act (“PPP and HCE Act”), which appropriated additional funds to the Paycheck Protection Program and the Economy Injury Disaster Loans Program. The PPP and HCE Act...
Paycheck Protection Program: Documenting Eligibility and Use of Proceeds
Recent comments from the Secretary of the Treasury, Steven Mnuchin, highlight the importance of properly documenting matters related to your Paycheck Protection Program Loan (“PPP Loan”). On April 28, 2020, Secretary Mnuchin announced that there will be a full...
Relief Available to Farmers and Ranchers Impacted by the COVID-19 Pandemic
Given the impact the agricultural industry has on our country and its economy, and the direct effects COVID-19 is having on the agricultural industry in Nebraska and across the country, we wanted to provide guidance regarding some of the recent legislative updates...
Additional Funding for the Paycheck Protection Program and Economic Injury Disaster Programs Now Available
On April 24, 2020, President Trump signed into law the Paycheck Protection Program and Health Care Enhancement Act (the “PPP and HCE Act”), which amends the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) to provide additional funding for the...
IRS Provides Relief for 2019 Federal Income, Gift, and Estate Tax Returns
The Internal Revenue Service recently provided relief for taxpayers that are affected by the ongoing coronavirus pandemic by extending the filing and payment deadlines for all federal income, gift, and estate taxes. The IRS released Notice 2020-18 on March 20,...
Decreased Interest Rates Present Wealth Transfer Opportunities
As the coronavirus continues to impose financial hardships across the world, the Federal Reserve recently cut its target interest rate to near 0% in an effort to support the economy. Likewise, interest rates published by the Internal Revenue Service are also at...
Estate Planning in Light of the Coronavirus
The coronavirus has undoubtedly had a devastating impact felt by all individuals on a global scale. In these truly unprecedented times, we understand that individuals will continue to face profound and long-term uncertainty for what lies ahead. Perhaps now more...
SBA Issues Guidance For Independent Contractors Applying For A Paycheck Protection Loan Under The CARES Act
On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) to “provide emergency assistance and health care response for individuals, families, and businesses affected by the 2020 coronavirus...
Maximizing The Forgiveness Amount Of A Paycheck Protection Loan
You were fortunate enough to obtain a Paycheck Protection Program Loan (“PPP Loan”) from your bank. Below are the required uses of PPP Loan proceeds, what we know about loan forgiveness, and some suggestions on how to make sure you use your PPP Loan as required and...
Small Business Concerns’ Ability To Apply For A Paycheck Protection Loan Under The CARES Act
On April 6, 2020, the Department of the Treasury and The United States Small Business Administration (the “SBA”) issued guidance with respect to the Paycheck Protection Program loans (“PPP Loans”) under the CARES Act (the “Guidance”). The Guidance is in the form of...
The Federal Reserve Announces the Main Street Lending Program
On April 9, 2020, the Federal Reserve announced a number of loan programs designed to provide up to $2.3 trillion in loans to support businesses and local governments through the coronavirus pandemic. One of these new programs, the Main Street Lending Program,...
Dvorak Law Group is proud to be Legalink’s Midwestern representative, allowing the firm to handle clients’ legal needs on local, national, and international levels. Legalink is a non-exclusive, international legal network of over 70 independent business-oriented law firms and is composed of 4,000 legal professionals. Learn More »