Firm Insights

Banking & Finance

LLCs Taxed as S Corporations: Welcome Relief for Inadvertent “S” Failures

LLCs Taxed as S Corporations: Welcome Relief for Inadvertent “S” Failures

  A Disaster Waiting to Happen  Picture it: The year is 2003. You are an owner…

Hot Off the Press: SBA Releases New FAQs on PPP Loan Forgiveness

On August 4, 2020, the Small Business Administration (“SBA”) released a new set of Frequently Asked…

PPP Loan Forgiveness Comes with a Price: Lost Deductions

For any employer that expected PPP loan proceeds to be “free money,” the IRS has essentially…

Three Factors to Consider in Forbearance Agreements: Waiver of Claims, Additional Collateral & Actual Forbearance by the Bank

Business borrowers that find themselves in default on a promissory note or other credit facility may…

IRS Announces Penalty Relief for Some 2018 Underwithholders

The IRS announced yesterday that it will excuse some taxpayers who underwithheld or failed to pay…

Regulated Under Existing Laws, Digital Assets Offer New Investment Opportunities

This article was originally published in the St. Louis Lawyer published by The Bar Association of…

Initial Coin Offerings: The Securities and Exchange Commission’s View

Part Two of Three: In my prior blog post in this series, I described generally how…

Boxerman on Bitcoin – Part I:  An Introduction to Bitcoin

Yes, It’s Legal. A Brief Overview of Bitcoin and Bitcoin-Related Issues In recent years, our firm’s…

Offshore Entities in Tax Havens: The Panama Papers Explained

It has been about three weeks since the release of the “Panama Papers” set news outlets…