Article written in collaboration with Dustin Minton, GBQ Partners There has been much discussion and questions concerning how businesses that received a Paycheck Protection Program (“PPP”) loan should compensate tipped employees. The Fair Labor Standards Act (“FLSA”) and state law establish …

This article summarizes certain portions of the Paycheck Protection Program contained in the recently enacted CARES Act. It focuses particularly on a few of the technical questions relating to PPP loans and the possible forgiveness of a portion of such …

In an effort to stabilize the economic impact of the COVID-19 pandemic, on Friday, March 27, 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”). This relief package is unprecedented and is the largest of its kind …

On Wednesday, March 18, 2020, the Senate passed, without change, the Families First Coronavirus Response Act which was adopted by the U.S. House of Representatives a few days ago. President Trump has indicated that he is going to sign the Bill in …

e a presentation to a group of CPAs, attorneys, and financial professionals on the use of trusts as beneficiaries of retirement plans. I spent about an hour explaining the complicated rules for timing distributions and the identification of beneficiaries, of …

You hear the words “succession planning” often in today’s business world. This part of a company’s strategic planning, which can be critical to its success and sustainability, requires careful consideration. The following case study is an example of a succession …

A female partner at the law firm of Proskauer Rose, LLP, filed a $50 million gender discrimination claim against the firm in the United States District Court for the District of Columbia. The Plaintiff was granted leave to litigate the …

One of the few tax incentives still available to manufacturers, assemblers and distributors of goods that are produced in the United States and exported for sale is the interest charge domestic international sales corporation (IC-DISC). An IC-DISC can be used …

*Adapted from Columbus Bar Association, Employment Law Committee Meeting and United States Employee wellness programs can provide obvious and not so obvious benefits to employers. First, healthy employees equal a more productive and consistent workforce and monetary incentives provided for …

Whether or not an employee is covered under the Family Medical Leave Act (“FMLA”) is an important consideration for all employers, both public and private. For public employers, the Act can have far reaching concerns as certain public employees may …