On behalf of Jeffrey M. Rosenblum, P.C. | May 29, 2020 | Chapter 11
When a big national or international business files for Chapter 11 bankruptcy, it usually makes headlines. However, most of the time, the company stays in business during and after bankruptcy. The same is true for many smaller businesses on Long Island. Chapter 11...
On behalf of Jeffrey M. Rosenblum, P.C. | May 15, 2020 | Firm News
The SBA released an Interim Final Rule regarding eligibility criteria for self-employed individuals on April 15, 2020. This rule is to supplement the other guidance that has been issued to date. Funding is limited andfor this reason we recommend submitting a loan...
On behalf of Jeffrey M. Rosenblum, P.C. | May 12, 2020 | Debt Relief, IRS, Personal Bankruptcy, Tax Law
A new IRS proposed regulation brings welcome news to beneficiaries of estates and non-grantor trusts. Beneficiaries will now be able to deduct expenses in excess of income in the final year of the trust or estate. The deductibility of these expenses had been...
