Business Law & Regulations, Finance
September 2, 2022
Via: National Law ReviewResearch suggests that more than 60 percent of U.S. workers would like to be able to access their earnings before their regularly scheduled paydays. Responding to this desire, many employers and their payroll providers now offer so-called on-demand pay arrangements […]
Business Law & Regulations, Finance
August 30, 2022
Via: InvestopediaWhat Is Income Tax? The term income tax refers to a type of tax that governments impose on income generated by businesses and individuals within their jurisdiction. By law, taxpayers must file an income tax return annually to determine their […]
Business Law & Regulations, Finance
August 29, 2022
Via: SHRMIn 2016, California passed legislation stating that employers who do not sponsor an employee-retirement plan must participate in a state-run retirement program. This program became known as CalSavers. While there have been legal challenges to CalSavers, the program persists. CalSavers […]
Business Law & Regulations, Finance
August 25, 2022
Via: InvestopediaUnderstanding Regulation B (Reg B) All lenders are required to comply with Regulation B when extending credit to borrowers. Reg B implements the Equal Credit Opportunity Act (ECOA), which is regulated and enforced by the Consumer Financial Protection Bureau (CFPB). […]
Business Law & Regulations, Finance
August 23, 2022
Via: InvestopediaWhat Is an Energy Tax Credit? An energy tax credit is a government-sponsored incentive that reduces the cost for people and businesses to use alternative energy resources. Eligible individuals or entities who meet the criteria are reimbursed for their efforts […]
Business Law & Regulations, Finance
August 15, 2022
Via: National Law ReviewThe UK’s National Security and Investment Act 2021 (the “Act”) entered into force on 4 January 2022, introducing a new investment control regime for acquisitions in the UK, with the aim of protecting the UK’s national security. These new legislative […]
Business Law & Regulations, Finance
August 11, 2022
Via: JD SupraBelow is a summary of the tax provisions in the Inflation Reduction Act of 2022 (the “IRA”), as passed by the Senate, that are likely to be of most interest to U.S. corporate taxpayers, financial institutions, hedge funds, private equity […]
Business Law & Regulations, Finance
August 9, 2022
Via: Lawyer MonthlyRecession, rising inflation, a contracting economy, a sharp downturn, a bear market. These are the words in our news headlines. If you hold the purse strings to a budget, hold your nerve. It’s important not to be reactionary and panic. […]
Business Law & Regulations, Finance
August 4, 2022
Via: Fit Small BusinessHandling payroll in the Philippines is a bit different from doing payroll in the US. For instance, one big difference is that every US employee has a Social Security number, which is used to track the employee’s wages and tax […]
Business Law & Regulations, Finance
August 2, 2022
Via: InvestopediaWhat Is a Paying Agent? A paying agent—also known as a “disbursing agent”—is one who accepts payments from the issuer of a security and then distributes the funds to holders of the security. Paying Agent Explained Paying agents are usually […]
Business Law & Regulations, Finance
August 1, 2022
Via: SHRMNew York City’s Wage Transparency Law takes effect Nov. 1, and employers—including businesses outside the city with job ads for remote work—are realizing one of the unintended outcomes of complying with the law may be pay compression. The New York […]
Business Law & Regulations, Finance
July 25, 2022
Via: ABA JournalLaw firms are filing more lawsuits seeking unpaid legal fees, despite the risk that they will face counterclaims for malpractice. Law.com has the story, which relies on information from several lawyers who advise other lawyers. “Litigation by law firms to recoup […]
Business Law & Regulations, Finance
July 25, 2022
Via: EntrepreneurThe Securities and Exchange Commission on Thursday announced insider trading charges against former Coinbase employee Ishan Wahi, as well as his brother, Nikhil Wahi, and his friend, Sameer Ramani. Also on Thursday, the Department of Justice announced the unsealing of an indictment with charges for wire […]
Business Law & Regulations, Finance
July 12, 2022
Via: National Law ReviewIn the wake of the drawn out cryptocurrency market downturn, increased regulation of the sector seems inevitable. With nearly one million Australians transacting in cryptocurrencies last year, there have been widespread calls to enact additional protections for retail investors. This […]
Business Law & Regulations, Finance
July 11, 2022
Via: JD SupraOn June 23, 2022, the New York State Department of Financial Services (NYDFS) announced the entry of a Consent Order in connection with its most recent cybersecurity enforcement action, which included a $5 million monetary penalty against Carnival Cruise Line, […]
Business Law & Regulations, Finance
June 30, 2022
Via: National Law ReviewPre-settlement funding can serve as a critical lifeline to a plaintiff involved in lengthy litigation. Lawsuit loans come with interest, and in a lengthy lawsuit a plaintiff could lose out on much or all their settlement and so there are […]
Business Law & Regulations, Finance
June 29, 2022
Via: LexBlogFollowing its recent “initiative” and request for information to reduce “exploitative junk fees,” the Consumer Financial Protection Bureau (“CFPB”) has on June 29, 2022 released an advisory opinion. The opinion concludes that “pay-to-pay fees,” which the debt collection industry refers […]
Business Law & Regulations, Finance
June 27, 2022
Via: InvestopediaUnderstanding Threshold Lists In January 2005, the SEC implemented Regulation SHO to reduce the abuse of naked short selling, where the seller does not borrow or arrange to borrow the securities in time to make delivery to the buyer within […]
Business Law & Regulations, Finance
June 22, 2022
Via: SHRMIllinois has enacted amendments to the Child Bereavement Leave Act, expanding the law’s scope and renaming it the “Family Bereavement Leave Act” (FBLA). The amendments are effective Jan. 1, 2023, and the two major purposes are to: (1) expand the […]
Business Law & Regulations, Finance
June 20, 2022
Via: InvestopediaThe Big Picture of Islamic Banking Although Islamic finance began in the seventh century, it has been formalized gradually since the late 1960s. This process was driven by the tremendous oil wealth that fueled renewed interest in and demand for […]