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14 Nov 2023, 9:01 pm by renholding
For example: Twenty-five advisory firms, broker-dealers, and/or credit rating agencies, including Wells Fargo, HSBC, and Scotia Capital, agreed to pay combined civil penalties totaling more than $400 million to settle charges that they violated the recordkeeping requirements of the federal securities laws; and ABB Ltd., a global technology company, agreed to pay a $75 million civil penalty to resolve charges arising out of an alleged bribery scheme. [read post]
10 Nov 2023, 1:35 pm by Cynthia Marcotte Stamer
The updated 2024 Income Tax Rate tables included in Revenue Procedure 2023-34, released by the IRS on October 9, 2023 are as follows: TABLE 1 – Section 1(j)(2)(A) –Married Individuals Filing Joint Returns and Surviving Spouses If Taxable Income Is:The Tax Is:Not over $23,20010% of the taxable incomeOver $23,200 but not over $94,300$2,320 plus 12% of the excess over $23,200Over $94,300 but not over $201,050$10,852 plus 22% of the excess over $94,300Over $201,050 but not… [read post]
10 Nov 2023, 6:00 am by Michelle
Industry Developments SPOTLIGHT: Acquirers Seek Answers from a Visa Surcharging ExecutiveDigital Transactions News – November 3, 2023 More than 10 years after Visa Inc. wrote its rules permitting surcharging on its credit cards, questions remain among acquirers, especially those selling or considering surcharge programs for their merchants. [read post]
9 Nov 2023, 1:48 pm by Cynthia Marcotte Stamer
Solutions Law Press, Inc. invites you receive future updates by registering on our Solutions Law Press, Inc. [read post]
9 Nov 2023, 1:07 pm by Cynthia Marcotte Stamer
The updated 2024 Income Tax Rate tables included in Revenue Procedure 2023-34, released by the IRS on October 9, 2023 are as follows: TABLE 1 – Section 1(j)(2)(A) –Married Individuals Filing Joint Returns and Surviving Spouses If Taxable Income Is:The Tax Is:Not over $23,20010% of the taxable incomeOver $23,200 but not over $94,300$2,320 plus 12% of the excess over $23,200Over $94,300 but not over $201,050$10,852 plus 22% of the excess over $94,300Over $201,050 but not… [read post]
For example, in General Dynamics Information Technology, Inc., GAO determined that the use of a Fixed Price Level of Effort contract type was inappropriate where the work was clearly defined, including both staffing and performance requirements, and there was no level of effort agreed upon, rather the hours set forth for each period were either a ceiling or estimate. [read post]
5 Nov 2023, 3:10 pm by Cynthia Marcotte Stamer
Health plans, health care providers, healthcare clearinghouses and their business associates (“Covered Entities” should check out this new Office of Civil Rights (“OCR”) video intended to educate health care industry players about real world cyber-attack trends from OCR breach reports, OCR investigations and how implementation of appropriate Health Insurance Portability & Accountability Act (“HIPAA”) Security Rile compliance can mitigate their exposure to… [read post]
27 Oct 2023, 6:00 am by Michelle
The proposal would lower the base debit fee rate by about 30% to 14.4 cents from 21 cents, according to a proposal memo produced by the Fed’s staff last week. [read post]
6 Oct 2023, 9:00 am by Zak Gowen
Visa’s Friendly Fraud Rule Change Could Cut $1 Billion From Small Firms’ Chargeback CostsDigital Transactions News – September 29, 2023 Visa Inc. is touting recent changes to how chargebacks that [read post]
28 Sep 2023, 1:49 pm by Keeley A. McCarty
Where the agency assigns different ratings to two substantively similar proposals or elements of proposals, this is grounds for protest that will often win the day. [read post]
28 Sep 2023, 9:30 am
The projected fatality rate for the first half of 2023 is 1.24 fatalities per 100 million vehicle miles traveled, and that’s compared with the projected rate of 1.31 fatalities per 100 million vehicle miles traveled in the first half of 2022. [read post]
19 Sep 2023, 7:42 am by Eric Goldman
These rulings may seem obvious given the precedent, but they are confirming that technological and social changes over the intervening years have not changed the results. [read post]
5 Sep 2023, 4:02 am by Guest Contributor
George is also the Chief Operating Officer and Chief Financial Officer of Theoris Group, Inc., a professional services firm headquartered in Indianapolis, Indiana that provides engineering and information technology solutions. [read post]
25 Aug 2023, 7:02 am by Zak Gowen
Visa Faces DOJ Scrutiny for How It Prices ‘Token’ TechnologyBloomberg – August 16, 2023 Visa Inc. is facing fresh scrutiny from the US Justice Department over how it charges merchants for technology it uses to protect cardholder information. [read post]
14 Aug 2023, 1:20 pm by Cynthia Marcotte Stamer
The EEOC sued Digital Arbitrage, Inc., doing business as Cloudbeds (“Cloudbeds”) an international, remote-first technology company, in U.S. [read post]
2 Aug 2023, 10:39 am by Unknown
As a result, plaintiffs’ counsel was awarded $266.7 million based on an indicative award of 26.67 percent, with a $50,000 lead plaintiff incentive bonus to be paid from the fee award (In re Dell Technologies Inc. [read post]