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9 Apr 2020, 8:44 am
At this time, Internal Revenue Code Section 125 rules have not been changed to allow election changes mid-year because of COVID-19. [read post]
8 Apr 2020, 7:06 pm
Business Continuity: Developing and maintaining business continuity programs often takes a back burner to revenue generating business activities. [read post]
8 Apr 2020, 1:55 am
Businesses determine their profits by subtracting costs (such as wages, raw materials, and equipment) from revenue. [read post]
7 Apr 2020, 9:14 am
Many users assume that the data generated by their interactions with a single Google service (say, a Web search query) stays inside that product’s silo within Google’s corporate structure. [read post]
7 Apr 2020, 4:00 am
On April 3, 2020 Brazil’s Federal Senate approved Bill 1,179/2020, to establish that: Corporate acts such as Board meetings and shareholders meetings can be held remotely. [read post]
7 Apr 2020, 3:00 am
Corporate income taxes tend to decline even more steeply than individual income taxes during a recession, and to take longer to recover. [read post]
6 Apr 2020, 12:31 pm
Aggregating: DOL has now stated that where one corporation has an ownership interest in another corporation, the two corporations are separate employers unless they are joint employers under the FLSA with respect to certain employees. [read post]
6 Apr 2020, 10:37 am
With the COVID-19 pandemic bringing the U.S. economy to a halt, residential mortgage servicers are bracing for widespread defaults as a result of the general economic shutdown. [read post]
3 Apr 2020, 3:44 pm
The DOL also noted that employees of separate corporate entities are not counted together unless they are joint employers under the FLSA, as detailed in the Department’s new Joint Employer Rule (issued on January 12, 2020), and as explained in the Fact Sheet on the Joint Employer Rule. [read post]
3 Apr 2020, 6:39 am
Financial covenants are generally used as an early warning indicator that the financial health of a borrower is slowing or failing. [read post]
3 Apr 2020, 1:27 am
We had already prepared a press release, and it was going to be centered around an open letter to EU policy-makers urging them to abolish software patents in Europe (though that wouldn't have solved the problem for MySQL anywhere else, and it actually generated most of its revenues in the U.S. anyway). [read post]
2 Apr 2020, 11:41 pm
What about multiple corporate entities – will they be counted together? [read post]
2 Apr 2020, 10:48 am
The latter term relates more generally to whether or not a payor is required to withhold the recipient’s income taxes from payments to the recipient and also to whether the payor has to chip in for payroll tax purposes. [read post]
2 Apr 2020, 9:18 am
Corporate income taxes tend to decline even more steeply during a recession, and take longer to recover, since corporate income taxes are imposed on net income and many businesses lose money during a downturn and accrue losses that can carry forward even after the recovery begins. [read post]
2 Apr 2020, 3:24 am
Furloughed employees can volunteer or do online training provided it does not generate revenue for or on behalf of the business. [read post]
31 Mar 2020, 2:33 pm
The following blog post walks through another round of changes to the Internal Revenue Code (“IRC”) contained in the CARES Act. [read post]
31 Mar 2020, 2:33 pm
The following blog post walks through another round of changes to the Internal Revenue Code (“IRC”) contained in the CARES Act. [read post]
31 Mar 2020, 1:02 pm
Scott also practiced law at two multinational law firms and as a general counsel and head of M&A for a FTSE 100 media group earlier in his career. [read post]
31 Mar 2020, 7:32 am
Where a corporation has an ownership interest in another corporation, the two corporations are separate employers unless they are joint employers under the FLSA with respect to certain employees. [read post]
30 Mar 2020, 2:56 pm
In guidance released last week, the suggestion was that employers must notify HMRC which individuals have furloughed status, along with details of their earnings, although the updated guidance suggests a more general approach to claiming under the Scheme (see #1 under “Payments under the Scheme”). [read post]
