Recognizing the toll that the Covid-19 Pandemic has taken on the oil and gas industry, Mohamed Zain, LLP is assisting small and mid-sized businesses that are currently dealing with the economic impact of the Coronavirus. With our strong understanding of the needs of small businesses, offering our as...
In passing the CARES (Coronavirus Aid, Relief and Economic Security) Act, Congress did something extraordinary. Small businesses (those with 500 employees) may now apply for, essentially free money, in the form of forgivable loans through the Small Business Administration (SBA). Self-employed indivi...
On Friday, Marcy 27, 2020, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act, otherwise known as the CARES Act. At $2.2 trillion dollars, it is the largest relief legislation ever passed by Congress. It includes $150 billion in direct aid to states, territories, tribes, a...
You may have heard that lawmakers are proposing significant economic relief to Americans to combat the economic effects of this global pandemic. On March 18, 2020, President Trump signed the Families First Coronavirus Response Act (H.R. 6201). Recognizing that this is only the first federal attempt ...
The Treasury Department issued guidance saying that taxpayers can delay paying some federal income taxes for 90 days but still must submit their forms to the Internal Revenue Service -- or officially request an extension -- by April 15.
Individuals can delay payments of up to $1 million in taxes and ...
Sick and Safe Time ordinances are on the books in Minneapolis, St. Paul, and Duluth. These city ordinances mandate that employers provide sick leave for employees to care for themselves or a family member dealing with a health condition, injury, and domestic violence or assault. Employers are prohib...
Workers’ compensation provides the exclusive remedy for injuries and illness that employees suffer arising out of and within the course of their employment. In the early stages of this pandemic, work-related travel to high impact countries or work-related exposure in a case that was being trac...