Major Changes to Federal Estate & Gift Tax Proposed
The 99.5 Percent Act has been proposed in the Senate, which could result in the most extensive changes to the federal estate and gift tax in decades.
Is Your Business Taking Advantage of Section 139 Disaster Relief Payments?
As businesses continue to deal with the pandemic and look for ways to assist their employees, Section 139 payments are a great way to benefit both the employee and the employer.
Gawthrop’s COVID-19 Resource Portal
Gawthrop Greenwood will continue to update this news feed with new developments and resources during the COVID-19 crisis. Please be sure to refresh the page between visits. You can also sign up for our newsletter by emailing kristen@nousoma.com March 9,…
United Giving Session on Allyship with Brandywine Health Foundation
As a member of the Executive Board at the Brandywine Health Foundation, Gawthrop Greenwood is pleased to announce its sponsorship of "Let's Talk: Unified Giving Session on Allyship.” Join us on Wednesday, March 31st from 12pm to 1:15pm. Registration is…
New Ruling on Wind Farms and Coastwise Trade Laws in the U.S.
On January 27, 2021, the U.S. Customs and Border Protection office issued a letter ruling regarding several scenarios related to wind farms and the coastwise trade laws of the United States. It is the first decision...
New Pennsylvania Bill Aligns with Federal Tax Treatment of Forgiven PPP Loans
On February 5, 2021, Governor Wolf signed into law Act 1 of 2021 (SB 109), which, among other things, provides clarity and relief for Pennsylvanians who received Paycheck Protection Program (PPP) funds. It was made clear the forgiveness of a PPP loan will not result in Pennsylvania personal taxable income.
The Legal Intelligencer: Gawthrop’s Youngest-Ever Chairman Aims to Expand Firm’s Presence Both Virtually and IRL
In a one-on-one interview with The Legal Intelligencer, Gawthrop Greenwood's new chair of the management committee, Patrick McKenna, describes the ways in which former chair Sandy Knapp has kept the firm ahead of the curve during COVID-19. McKenna also outlines…
Gawthrop Greenwood Elects Youngest Leader In Law Firm’s 117-Year History
Gawthrop Greenwood, PC is announcing that attorney and shareholder Patrick M. McKenna has been elected chair of the firm’s management committee. At 45 years old, McKenna is the youngest chair of the management committee in the firm’s 117-year history. Before…
Passage of the NDAA Provides Boost for U.S. Maritime Community
Congress has passed the National Defense Authorization Act (NDAA), which includes provisions that have implications for those in the maritime community. Most significantly, the NDAA settled inconsistent federal agency interpretations regarding...
Chester County Bar Foundation Awards $154,000 in Grants, with Gawthrop Greenwood Partner Patrick McKenna as President
The Chester County Bar Foundation, the charitable arm of the Chester County Bar Association, awarded $154,000 in grants to local non-profit organizations earlier this month. All grants will help support the foundation’s mission to help Chester County Citizens understand, gain…