As this is a fast moving topic, please note that this article is current as of 12/28/20.For contact information, please click here. After some delay, President Trump signed the latest COVID-19 stimulus package into law. Two sections of the legislation that impact business owners are changes to the Families First Coronavirus Response Act (“FFCRA”) and Paycheck Protection Program (“PPP”).[1] Enacted in April … Read More
Founder John J. Thomason will be missed
On December 24, 2020, Lewis Thomason lost one of its founders, John J. Thomason. John was born July 28, 1929, and spent most of his life with his wife, Sally, the love of his life, and practicing law, his other great joy. He will be greatly missed.
UPDATE: President Trump has now signed the stimulus bill.
SECOND STIMULUS PACKAGE BILL PASSES – SUMMARY OF PROVISIONS AFFECTING BUSINESS OWNERS As this is a fast moving topic, please note that this article is current as of 12/22/20. For contact information, please click here. Late Sunday night, Senate Majority Leader Mitch McConnell announced Congress finally reached an agreement on the terms of a second stimulus package to follow the … Read More
Breaking News!
Lewis Thomason prevails on motion to dismiss direct negligence claims against a trucking company. On December 16, 2020, Chief Judge of the Middle District of Tennessee, Waverly Crenshaw, adopted the preemption rule, a doctrine generally providing that a plaintiff may not proceed against an employer on direct negligence claims once the employer admits vicarious liability. This means that if the … Read More
Lewis Thomason and the Nashville Bar Association’s Annual Meeting
Lewis Thomason had a big night at the Nashville Bar Association’s Annual Meeting held on December 9. Kaya Porter was elected to the Nashville Bar Association Board of Directors. Kaya has worked tirelessly in her many roles with the Nashville Bar including her focus on diversity efforts. She has served as chair of the Bar’s Diversity Committee for three years. … Read More
The LT Family
“When everything goes to hell, the people who stand by you without flinching – they are your family. Jim Butcher Wow. 2020 has been quite the year. The weather, the social unrest, the presidential campaign, and, of course, the pandemic have taken their collective toll on us. We are tired, and perhaps we are a bit broken. In addition to … Read More
America – A Crisis of Confidence
This year, good news is scarce. Ads for holiday shopping seem out of place and tone deaf. The election is over but half the country thinks otherwise, leading to dire predictions about the future of our democracy. Meanwhile, thousands of people are dying and even more have been stricken by a deadly virus that will get worse before it gets … Read More
Revenue Ruling 2020-27 and Deductibility of PPP Expenses – The Gift That Keeps on Giving Headaches
Kati Sanford Goodner As this is a fast moving topic, please note that this article is current as of 12/01/20. For contact information, please click here. As most business owners big and small know, navigating the Paycheck Protection Program (PPP) loans and guidance has been an exercise in adaptability and has required weekly, if not daily, monitoring of updates from … Read More
Returning to the PPP Loan – Forgiveness and Strategic Planning
As this is a fast moving topic, please note that this article is current as of 11/12/20. For contact information, please click here. Kati Sanford Goodner and Michael Goode With the covered period timeline for some of the early PPP Loan recipients beginning to expire, many have already started the work of preparing the Loan Forgiveness Applications, which can vary … Read More