Business Law & Regulations, Finance
April 6, 2021
Via: The Economic TimesNEW DELHI: The government has amended the Insolvency & Bankruptcy Code to provide for prepackaged resolution framework for micro, small and medium enterprises (MSMEs) through promulgation of an ordinance. The alternative insolvency resolution framework is expected to bring about a […]
Tax Code, Regulations and Guidance
April 5, 2021
Via: EntrepreneurAs many as 55 of the U.S.’ largest corporations did not pay any federal taxes on their 2020 profits, according to the Institute on Tax and Economic Policy (ITEP). The companies, which include Con Edison, Dish Network, FedEx, HP, Nike […]
Business Law & Regulations, Employment & Labor
March 31, 2021
Via: SHRMEmployers that need help covering payroll costs during the pandemic will have an additional 60 days to file a Paycheck Protection Program (PPP) application under a bill President Joe Biden signed into law on March 30. The application period was […]
March 31, 2021
Via: The Wall Street JournalWASHINGTON—President Biden is calling for $2 trillion in corporate tax increases over 15 years to pay for his infrastructure plan. Here are the basics of the revenue-raising side of the plan, which reverses many of the changes from the 2017 […]
Business Law & Regulations, Finance
March 30, 2021
Via: The Wall Street JournalWASHINGTON—The next big chunk of stimulus payments—for Social Security beneficiaries—should reach bank accounts by next week, the Treasury Department said on Tuesday. The payments of up to $1,400 per person come from the $1.9 trillion law signed by President Biden […]
March 29, 2021
Via: JuristThe US Court of Appeals for the Sixth Circuit held Friday that public universities cannot compel professors to respect student pronoun preferences. Per the court, such speech is protected under the First Amendment, particularly if pronoun preferences go against a […]
Business Law & Regulations, Employment & Labor
March 29, 2021
Via: National Law ReviewThe New York State Department of Labor (“NYSDOL”) has issued guidance on the State’s recently enacted COVID-19 vaccine leave law, which went into effect on March 12, 2021. As we previously reported, the law requires employers to provide employees with […]
Tax Code, Regulations and Guidance
March 26, 2021
Via: ABA JournalGeorgia Republican Gov. Brian Kemp signed sweeping voting restrictions into law on Thursday, just months after a Democrat won the presidential election in the state for the first time in nearly 30 years. “Significant reforms to our state elections were […]
Business Law & Regulations, Employment & Labor
March 25, 2021
Via: SHRMAprovision in a final rule that prohibits employers from taking any portion of workers’ gratuities will take effect on April 30, according to the U.S. Department of Labor (DOL). However, the department wants to change or delay other aspects of […]
Business Law & Regulations, Workplace Safety & Health
March 25, 2021
Via: National Law ReviewBeginning on March 29, 2021, Senate Bill 95 will place additional requirements on employers to provide supplemental paid sick leave to employees impacted by COVID-19. The bill, which was approved by the legislature on March 18, 2021, and signed by […]