News & Analysis as of

Recordkeeping Requirements New Guidance Employee Benefits

Shook, Hardy & Bacon L.L.P.

New York City Gives Guidance on Prenatal Leave Protections

New York City recently amended its rules related to the Earned Safe and Sick Time Act (ESSTA). The Act is enforced by the NYC Department of Consumer and Worker Protection (DCW). The newly amended rules provide specific...more

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

Minnesota Adopts New Rules for Parental Leave, Tips, and Recordkeeping Starting August 1, 2024

New laws in Minnesota will change how employers need to handle parental leave, tips, and recordkeeping. Most of the changes were part of the state’s omnibus bill for 2024 and are set to take effect on August 1, 2024....more

Fenwick & West LLP

New 162(m) Guidance: IRS Notice 2018-68 Clarifies Scope of Tax Reform and Transition Rules

Fenwick & West LLP on

Section 162(m) of the Internal Revenue Code denies a tax deduction to a public company for compensation paid to certain individuals—called “covered employees”—to the extent that the compensation paid to such individual...more

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