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Archive for 2020

Initial Details Released on COVID-19 Impacts to Florida Tax Revenues

Dean Mead Attorney French Brown
Published: May 27th, 2020

By: H. French Brown, IV

Florida’s general revenue fund is the main source of discretionary funding for the State.  This January, the State’s economists estimated that the State would receive $36.2B in general revenue during the State’s fiscal year July 1, 2019 – June 30, 2020. Of that amount, approximately $12.5B (34.5%) was expected to be received in March through […]

Florida Department of Revenue Emergency Order Providing Limited Relief to Corporate Income Taxpayers: April 27, 2020

Dean Mead Attorney French Brown
Published: April 28th, 2020

By: H. French Brown, IV

On March 26, 2020, the Florida Department of Revenue issued Emergency Orders delaying sales tax and property tax payments for some businesses. On April 6, 2020, Governor DeSantis directed the Department of Revenue to issue an Emergency Order suspending the state’s documentary stamp tax on notes and written obligations made pursuant to Title I of […]

CARES Act Provider Relief Fund for Healthcare Providers

Published: April 10th, 2020

By: Nichole M. Mooney Stephen R. Looney

On Friday, April 10, healthcare providers began receiving relief payments provided for in the CARES Act from the Department of Health & Human Services (HHS). Payments are made according to the Tax Identification Numbers (TIN) under which Medicare is billed (i.e., payment is not being made to individual providers unless they are solo practitioners). Payment […]

Tax Day For Most Tax Returns and Payments is Now July 15, 2020 – Part III

Published: April 10th, 2020

By: Brad Gould

This week the IRS released Notice 2020-23 amplifying the relief provided in Notice 2020-18 and Notice 2020-20 by greatly expanding the tax returns and payment whose due dates that will be automatically postponing to July 15, 2020.  Now, in addition to Federal income tax returns and payments and Federal gift and generation-skipping transfer tax and […]

Security Company Not Liable for Pulse Shooting

Published: April 7th, 2020

By: Michael J. Furbush

On April 1, 2020, Florida’s Fourth District Court of Appeal upheld the dismissal of a negligence suit brought by victims of the massacre at the Pulse nightclub against the security company that employed the shooter, Omar Mateen.  The court ruled that the employer, G4S, did not owe a legal duty to protect the plaintiffs from […]

Florida Department of Revenue Emergency Order Suspending Documentary Stamp Tax on CARES Act Loans: April 6, 2020

Dean Mead Attorney French Brown
Published: April 6th, 2020

By: H. French Brown, IV

On March 26, the Florida Department of Revenue issued Emergency Orders delaying sales tax and property tax payments.  Today, Governor DeSantis directed the Department of Revenue to issue a new Emergency Order suspending the state’s documentary stamp tax on notes and written obligations made pursuant to Title I of the CARES Act.  The Governor’s action […]

New SBA Payroll Protection Program under the CARES Act

Dean Mead Attorney Denise D. Dell-Powell
Published: April 2nd, 2020

By: Denise D. Dell-Powell

Relief for Small Business and Non-Profits A well-known part of the CARES Act is the Payroll Protection Program (PPP), which establishes a new SBA loan that can be forgiven if done properly.  Generally, businesses with less than 500 employees are eligible, also certain businesses with less than 500 employees per location – no collateral or […]

Force Majeure: COVID-19 and a Look Back at the Great Influenza of 1918 – Part Two

Published: March 31st, 2020

By: Thomas P. Wert

COVID-19 and Force Majeure Today My colleague Gabe was waiting for an answer from me as to whether his commercial tenant could legally stop paying rent during the COVID-19 crisis under a force majeure theory.  I told him the force majeure analysis today generally would not be much different than during the Great Influenza of […]