Month: June 2021

UPDATED Legal Alert: Cal/OSHA Revises COVID-19 ETS Regulations Made Effective Immediately via Executive Order

June 18, 2021

After some back and forth on the issue over the past few weeks, the California Occupational Safety & Health Standards Board (“Cal/OSHA Board”) ultimately approved updated COVID-19 Emergency Temporary Standards regulations today (June 17, 2021) that significantly revise workplace safety standards initially implemented in November 2020.  Following the Cal/OSHA Board decision, Governor Gavin Newsom issued…

Revenue Ruling 99-6 and Section 1031: Bob and Jon’s Excellent Adventure—Part II

June 7, 2021

Bob and Jon were the members of Apartment LLC, an LLC taxed as a partnership, with Bob owning a 40% membership interest and Jon owning a 60% membership interest. Apartment LLC owned a small apartment building as its only asset. Things were going well with the apartment building. One day Bob decided he would liquidate…