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After years of debate and waiting, the USDOL has issued its newly-proposed overtime rules. The USDOL has released a rule that, if adopted, will set a minimum salary for the OT exemption at $679 per week or annually at $35,308…

Federal Agencies Want to Hear From You In an effort to minimize the economic burden of the Patient Protection and Affordable Care Act (PPACA), various federal agencies are soliciting input from the public on the challenges that employers with PPACA…

Overview Since January 1, 2018, and by reason of The Tax Cuts and Jobs Act, (the Act), taxable employers have been denied deductions for their expenses for Qualified Transportation Fringe (QTFs) benefits provided to their employees and tax-exempt employers have…

Overview This month, the Internal Revenue Service (“IRS”) issued eagerly-awaited proposed regulations regarding hardship distributions for 401(k) and 403(b) plans.  The recent passage of the Bipartisan Budget Act of 2017 (“BBA”) and the Tax Cuts & Jobs Act of 2018…

According to the U.S. Government Accountability Office, elder financial abuse and fraud costs older Americans $2.9 billion annually. This abuse ranges from scam emails and phone calls to loved ones pressuring elders into financial transactions they would not otherwise perform….

As you probably know, the Tax Cut and Jobs Act of 2017 (the “Act”) was signed into law by President Trump on December 22, 2017. The Act made a wide variety of changes to the Internal Revenue Code, which affect…

On March 28, 2018, Alabama joined the other forty-nine states by enacting a ground-breaking new data breach notification law – one of the most comprehensive in the nation. The Alabama Data Breach Notification Act of 2018, which will go into effect…

It’s that time of the year – a time for clearing out the clutter, fresh beginnings and new growth. Most people associate Spring cleaning with home, but the concepts are also quite applicable to businesses. It truly is the ideal…

On March 21, 2018, Alabama Governor Kay Ivey nominated 158 population census tracts (at least one in each of Alabama’s 67 counties) for designation as “qualified opportunity zones” (“opportunity zones”) pursuant to the Tax Cut and Jobs Act of 2017…

The Tax Cuts and Jobs Act that became law in December 2017 includes a tax benefit for certain employers that offer paid family and medical leave to their employees. The tax credit is available for the 2018 and 2019 tax…