Last week, the COVID-19 Delta variant drove a drastic rise of cases in areas with low vaccination rates across the country. Recent studies show that this Delta variant is at least 80% more transmissible than the prior COVID strains and spreads as fast as the...
Articles
CDC Reinstates Indoor Mask Policy
On July 27, 2021, the Centers for Disease Control and Prevention (CDC) once again recommended that even fully vaccinated individuals should wear masks indoors in areas with high rates of COVID-19 transmission. This reversal from its May 2021 guidance, which dropped...
SBA Makes Beneficial Changes to the Paycheck Protection Program
This week, the Small Business Administration announced the launch of a streamlined application portal for Paycheck Protection Program (PPP) borrowers who received less than $150,000 of funding. Under the new program, borrowers who received funding of less than...
Supply Chain Security: Is Your Business Vulnerable to Cyber Attacks in Your Supply Chain?
The massive exploit of the company Solar Winds has been seen as an example of what is called “supply chain” vulnerability. In point of fact, the vast majority of those impacted by the Russian Solar Winds attack probably had never heard of the company Solar Winds, and...
Real Estate Investing: Strategies To Guard Against Volatility in Materials Markets
2021 represents uncharted waters for individuals who rely on lumber, steel and other building materials in their daily operations. Individuals in all segments of real estate development and construction, from home flippers to commercial and residential real estate...
8-K Trading Gap Act Of 2021 Seeks To Close Insider Trading Loophole
On July 15, 2021, members of Congress introduced the bicameral 8-K Trading Gap Act of 2021 (the “Act”). This Act is similar to a piece of legislation titled the “8-K Trading Gap of 2019”, which was introduced and passed by the house with an overwhelming 384 votes to 7...
Biden’s Tax Proposal To Limit IRS Section 1031 Exchanges
You can view an updated version of this article here. Real Estate Investors Beware President Biden’s Green Book was released on May 28, 2021, and the tax reforms include a proposal to limit the deferral of gain on the exchange of real property used in a trade or...
Issues Related to Unemployment Fraud Persistent
While a sense of normalcy is returning to many aspects of daily life, issues related to unemployment fraud indicate that they will long outlive the pandemic. KJK has been following this issue since our clients first reported being personally affected earlier this...
Ohio Personal Privacy Act Introduced: A Possible First Step In Privacy Protections
Currently, twenty states have enacted legislation to protect the collection and distribution of consumer data by third parties. However, at the moment, there are no privacy protections in place for consumers in Ohio. On July 12, 2021, Rick Carfagna and Thomas Hall...
Executive Order May Make Non-Competes Obsolete in Advisory Industry
President Joe Biden has issued an executive order aimed at growing competition in the economy and labor market. One component raising many questions is Biden’s attack on employers' use of non-compete provisions. Although the official policies that may alter the use of...