Maynard Cooper shareholders Stephen Davis and David Block joined Maynard's Andy Watson and Jon Levin in hosting a webinar on June 29th. During the 60 minute program, they provided listeners with an in-depth discussion of common pitfalls related to the Fair Labor Standards Act, updates to the Federal Immigration Law as well as other updates in the labor and employment industry.
The General Data Protection Regulation (“GDPR”) is a sweeping piece of legislation that expands and largely unifies patchwork privacy regulations across the European Union. Its purpose is to offer comprehensive protections for the individual privacy rights of European Union citizens, but the requirements will affect organizations worldwide.
The Alabama legislature has passed a bill (HB 345) renewing the state historic tax credit program that expired in 2016. The new legislation will make available annually an aggregate of $20,000,000 of historic tax credits for qualifying projects beginning in 2018. As with the prior state historic tax credit program, the new legislation provides a tax credit against Alabama income tax of 25% of the qualified rehabilitation expenditures (“QREs”) incurred to rehabilitate a qualifying historic structure. There are, however, several significant changes to the original Alabama historic tax cred