Publications

The Federal income tax consequences related to Paycheck Protection Program (“PPP”) loans guaranteed by the Small Business Administration (“SBA”) continue to be an important, yet somewhat uncertain, consideration for all borrowers. Under regular Federal income tax principles, the forgiveness of a loan generally results in a business realizing cancellation of […]

On October 8, 2020, the Small Business Administration (“SBA”) published its twenty-fifth Interim Final Rule related to the forgiveness of certain loans made pursuant to its Paycheck Protection Program (“PPP”). PPP loans of $50,000 or less will benefit from a simpler application and exemptions from certain requirements imposed on borrowers. […]

On October 2, 2020, the Small Business Administration (“SBA”) published a Procedural Notice regarding a change in ownership of a borrower of a Paycheck Protection Program (“PPP”) loan. The Notice provides the procedures that a borrower must satisfy prior to completing a change of ownership during the term of its […]

After the Nebraska Unicameral made it clear in 2017 that nurse practitioners could function as independent medical providers under their state licensure as health care professionals, it was logical that Nebraska physician assistants would seek some similar amendments to their licensure statutes. Nebraska Governor Pete Ricketts signed LB 755 on […]

In its guidance for recipients of payments from the Provider Relief Fund published on September 19, 2020, the U.S. Department of Health and Human Services (“HHS”) provided more detail on recipients’ obligations for reporting on health care related expenses and lost revenues attributable to COVID-19. The most significant change in […]