News & Insights
Since 1996, PRK Livengood has proudly represented Everett-based Waypoint Aeronautical Corporation. Waypoint specializes in large transport aircraft serving both the…
Join Us Online for the At Work! 14th Annual Champions of Inclusion on September 15, 2020 from 10:00-11:00 a.m.
We are excited to inform you that the At Work! 14th Annual Champions of Inclusion will take place online September 15, 2020 from 10:00-11:00 a.m. Pacific Time. PRK Livengood is proud to continue its long-standing sponsorship of this event.
Peterson Russell Kelly Livengood is proud to represent innovative companies like CRĒO Industrial Arts, based in Woodinville, Washington, and serving clients worldwide. CRĒO is a custom fabricator that has been producing unique high-end architectural products for over 30 years. One of CRĒO’s more heartfelt and complicated projects was launched in late July 2020, the United States Olympic & Paralympic Museum (USOPM) in Colorado Springs, Colorado.
On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act, or CARES Act, was signed. This Act provides significant tax relief and charitable giving benefits of both small and large gifts donated in 2020. An outline of these gift-planning strategies are as follows.
New Executive Order August 3, 2020 – Hiring Practices of Employers with Federal Contracts or Sub-Contracts Under Scrutiny
The president today ordered executive department and agency review of the use of foreign workers to perform certain government contracts in 2018 and 2019 to determine whether opportunities for US workers were affected. Learn more about this order.
On June 22, 2020, the president issued a new proclamation suspending entry into the United States for additional categories of employees and executives and extending the prior proclamation of April 22, 2020. The new proclamation is broad, and purports to eliminate employment authorization for many already in the U.S. under certain circumstances.
Buyers and sellers are walking away from deals for various reasons, including changing deal conditions and higher levels of uncertainty, as parties on both sides try to figure out the extent of the pandemic’s impact. Buyers and sellers alike are turning their attention to their own companies in an effort to minimize losses and handle difficult employment decisions, and as a result, M&A activity is adversely impacted.
PPP Loan Forgiveness Application and instructions released by SBA + IRS issues draft Employee Retention Credit Form
On May 15, 2020, the SBA and Treasury issued the PPP application form to request forgiveness of loans under the PPP program. As announced, the SBA will be issuing additional regulations and guidelines for borrowers to complete the application and to instruct lenders on their duties.