Over the past two weeks, wildfires have caused substantial loss and damage to homes and communities in Los Angeles, California, and the surrounding areas. In the wake of such devastation, employers may seek opportunities to...more
1/16/2025
/ California ,
Disaster Relief Fund ,
Donations ,
Employee Benefits ,
Employees ,
Employer Liability Issues ,
Internal Revenue Code (IRC) ,
IRS ,
Natural Disasters ,
Paid Leave ,
Qualified Disaster Relief Payments ,
Retirement Plan ,
Tax Liability ,
Tax Planning
On October 11, 2022, the United States Department of Labor (DOL) issued its Notice of Proposed Rulemaking (NPRM) seeking to undo the Trump administration’s 2021 independent contractor regulations and revert to the six-factor...more
10/28/2022
/ Classification ,
Comment Period ,
Department of Labor (DOL) ,
Employee Definition ,
Employees ,
Employer Liability Issues ,
Independent Contractors ,
NPRM ,
Proposed Regulation ,
Proposed Rules ,
Regulatory Agenda ,
Trump Administration
The US Department of Labor (DOL) recently issued guidance concerning a new exemption under the prohibited transaction provisions of the Employee Retirement Income Security Act of 1974 (ERISA) in connection with the provision...more
7/16/2021
/ Banks ,
Broker-Dealer ,
Department of Labor (DOL) ,
Disclosure ,
Employee Retirement Income Security Act (ERISA) ,
Employees ,
Exemptions ,
Fiduciary ,
Fiduciary Duty ,
Individual Retirement Account (IRA) ,
Insurance Industry ,
Internal Revenue Code (IRC) ,
Investment ,
Investment Adviser ,
New Guidance ,
Personal Representatives ,
Prohibited Transactions ,
Retirement Plan