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Private foundations across the country are at various points in their life cycle and have different approaches to their investment portfolio composition.

The IRS announced on March 17, 2021 that they would be providing an automatic extension of time for federal income tax filings for individual taxpayers from April 15, 2021 to May 17, 2021, recognizing the continued limitations due to the pandemic and the significant changes affecting many taxpayers as a result of the American Rescue Plan Act, which became law last week.

As we recognize the one-year anniversary of the COVID-19 lockdown in the tri-state area and look forward to light at the end of the tunnel, we should acknowledge the huge part that technology plays in our lives.

The Small Business Administration (SBA) issued an Interim Final Rule (IFR), on Wednesday evening, that changes the way Schedule C filers calculate their maximum loan amount for both first draw and second draw PPP loans.

In a significant vote, the Virginia Legislature approved adult-use marijuana, making it the first state in the South to move forward with cannabis legalization.