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Instant Insights / Coronavirus and New York's Legal Community

Since a New York lawyer became the second person diagnosed with COVID-19 in the state, law firms, schools and the courts have been taking action to protect attorneys, staff, students and visitors. Here is our coverage of the impact of the pandemic on the legal community in the state, made available for free.

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Sidney Kess Sidney Kess

The COVID-19 pandemic has not only upended the economy, it is the catalyst for a number of tax changes. The Families First Coronavirus Response Act (H.R. 6201), which was signed into law on March 18, 2020, creates new paid leave payments for employees and new tax credits for small employers. The Joint Committee on Taxation pegs the cost to the government for this relief at over $104 billion. In addition to Congressional action, the IRS has made some COVID-19 pronouncements of note.

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