The Internal Revenue Service reminds employers affected by COVID-19 of three important new credits. Employee Retention Credit The employee retention credit is designed to encourage businesses to keep employees on their payroll. The refundable tax credit is 50% of up...
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New Relief Funding Bill Enacted; New Mexico Governor Amends Health Order
New Relief Funding Bill Enacted President Trump recently signed a new relief funding law that increases the amounts appropriated to the Paycheck Protection Program (“PPP”), the SBA—for more than just Emergency Economic Injury Disaster Loans (“EEIDLs”)—and emergency...
Tina Gooch Featured in Family Friendly Blog
One of Sutin's lawyers, Tina Muscarella Gooch, is an active member of the Family Friendly New Mexico's Business Leadership Council. A recent post on FFNM's blog featured Tina and her reasons for becoming a member of the Council, and the excerpt is below: Since the...
Chambers USA 2020 List Recognizes Sutin Lawyers
Seven of Sutin, Thayer & Browne's lawyers have been recognized as leading individuals in five Chambers-designated practice areas. In addition, the Firm itself was recognized in the following areas: Corporate/Commercial; Litigation: General Commercial; and Real...
More Loan Programs and Tax Extensions Announced
SBIC Loans to Complement Existing Programs The New Mexico Small Business Investment Corporations (“NMSBIC”) has announced it will be making $25 million in new small business loans to businesses in the state affected by COVID-19. These loans will complement federal...
EEOC Updates COVID-19 Guidance
On April 17, the EEOC issued updated technical assistance and questions and answers regarding disability-related inquiries, confidentiality of medical information, Americans with Disabilities Act (ADA) implications and other issues which employers are facing due to...
Super Lawyers Names Sutin Lawyers to 2020 List
Five lawyers from Sutin, Thayer & Browne have been selected for inclusion to the 2020 Southwest Super Lawyers list, a ranking of outstanding lawyers who have attained high degrees of peer recognition and professional achievement. Of the attorneys nominated this...
SIC Recovery Fund, Temporary FFCRA Guidelines Announced
SIC Recovery Fund The New Mexico State Investment Council (SIC) has finalized a $100 million New Mexico Recovery Fund (the "Fund") program to help businesses stay afloat during the COVID-19 outbreak. The SIC will make two- to four-year loans of between $500,000 and...
Healthcare Law Updates Regarding COVID-19
Medical Malpractice Requirements During COVID-19 Emergency The New Mexico Superintendent of Insurance issued a notice on April 8, 2020, addressing Medical Malpractice Act (“MMA”) requirements during the COVID-19 Public Health Emergency. The MMA sets forth requirements...