In times of great uncertainty, there is power in knowledge and preparation. In response to the coronavirus (COVID-19) outbreak throughout the United States and beyond, we’ve assembled industry experts to give you guidance and solutions to combat the ramifications on your business.
REAL ESTATE
October 12, 2020 Careful What You LEASE for: Knowing when IRC Sec. 467 applies to your leasing agreement
The current economic downturn caused by the COVID-19 pandemic has greatly impacted the commercial real estate industry. Even the most seasoned experts are left scratching their heads, trying to determine which direction the real estate market is heading.
June 10, 2020 [Webinar] Real Estate Panel: South Jersey Business Leadership Forum
Our South Jersey Real Estate experts convened for a discussion focused on COVID-19's impact on the commercial and residential real estate sector.
May 27, 2020 [Webinar] Real Estate in Post COVID-19 World
Friedman hosted a webinar featuring a panel of real estate industry experts who discussed COVID-19's impact on the commercial and residential real estate sector in Philadelphia.
April 22, 2020 COVID-19 and Real Estate: Resources, Legislation and Your Business
The real estate industry stands to be significantly affected by the economic impact of the COVID-19 pandemic. To help guide property developers, owners and managers, Friedman has compiled information on relief programs you may be able to take advantage of, CARES Act tax provisions that can be leveraged to maximize cash flow and resources to respond to a rapidly changing industry landscape.
April 15, 2020 The Impact of COVID-19 on Qualified Opportunity Funds
Steven Bokiess, a partner at Friedman LLP in the real estate group and leader of the firm’s Qualified Opportunity Zone Consulting practice, shared with Thomson Reuters how COVID-19 may impact Qualified Opportunity Funds
NONPROFIT
January 6, 2021 [NEW] COVID-19, the Public Support Test and your Nonprofit’s Status
COVID-19 has had a vast and varied impact on our economy. Unfortunately, in many ways nonprofits are bearing the brunt of a post-COVID economy characterized by tightening of wallets and reduced cash flow.
September 1, 2020 Are Your Internal Controls Strong Enough to Withstand the Impact of COVID?
Beyond business closures, widespread unemployment and entire industries staggered by depressed spending, savvy boards and owners are carefully tracking an unheralded but insidious threat to their reputation and financial standing.
[Update June 2020] Accessing Disaster Assistance Opportunities and Tax Relief
Disaster relief provisions are traditionally triggered when forces of nature are unleashed-- such as, a severe storm causing flooding, landslides or mudslides; hurricanes; wildfires; tornadoes or earthquakes. A global pandemic, of course, qualifies as a disaster.
May 13, 2020 New Information on SBA Stimulus Funding and the Uniform Guidance
Due to the far-reaching economic impact of the COVID-19 pandemic, many nonprofit organizations have turned to the emergency funding streams issued by the U.S. Small Business Administration (SBA). These streams include, the Economic Injury Disaster Loan (EIDL) and Paycheck Protection Program Loans (PPP).
April 23, 2020 [Webinar] Your Nonprofit and COVID-19
Access the live recording of our virtual webinar where our nonprofit experts answered frequently asked questions in light of COVID-19.
March 31 Your Nonprofit and COVID-19: Adapting Practices, Qualifying for Credits and Embracing Extensions
Whether they are altering operations, adopting new policies or applying for relief programs, industries across the world are being affected by the outbreak of COVID-19. Unfortunately, nonprofits are no exception.
FORENSIC, LITIGATION AND VALUATION
March 28, 2020 How COVID-19 and the CARES Act Will Affect Divorces
As the global pandemic reshapes our world introducing unexpected economic and social challenges - divorces, and other family law matters will continue. There are a myriad of predictions of what will happen and when it will happen.
LIFE SCIENCES
March 27, 2020 At a Glance: How COVID-19 is Affecting the Life Sciences Industry
Our Life Sciences industry and community is working fast and furious in an effort to do everything possible to address the pandemic. Biopharmaceutical and Medical Device companies are working closely with Federal and State organizations as well as the World Health Organization to develop vaccines, improve tests and investigate the usefulness of antiviral drugs, as well as other forms of treatment, in combating COVID-19.
CONSUMER GOODS
January 13, 2021 5 Challenges E-Commerce Companies Can Expect in 2021
While companies in the travel and hospitality sector continue to face the brunt of the impact from the COVID-19 pandemic, e-commerce companies have flourished. Consumers are spending more time at home and retail trends continue to shift away from brick and mortar stores towards online shopping.
March 17, 2020 Tying Loose Threads: Fortifying Your Consumer Goods Business Against the Ramifications of COVID-19
On March 4, U.N. economists announced that, once the dust has settled, global manufacturing exports will have dropped by $50 Billion in February alone, precipitated by the newly named COVID-19 (formerly coronavirus).
