News & Analysis as of

New Legislation Partnerships Wage and Hour

Ogletree, Deakins, Nash, Smoak & Stewart,...

New Louisiana Employment-Related Laws: Key Takeaways From the 2025 Legislative Session

Two notable laws affecting Louisiana employers have taken effect this summer, providing expanded antidiscrimination protections for military status and a new exemption to Louisiana’s final pay law for certain types of...more

Burr & Forman

The New Section 199A 20% “Profit Deduction” for Pass-Through Businesses: The Undecided Issue of Owner Compensation

Burr & Forman on

Under the Tax Cuts and Jobs Act, Congress is now offering a new 20% deduction for “pass-through” businesses – i.e. businesses that are not corporations. With the corporate tax rate being reduced under the new law to a flat...more

Burr & Forman

New Internal Revenue Code Section 199A: The 20% Deduction for “Pass-Thru” Businesses

Burr & Forman on

Aside from corporate tax reductions, one of the most important aspects of the new Tax Cuts and Jobs Act beginning this year is the new 20% deduction for “pass-thru” businesses – i.e. businesses that are not corporations. With...more

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