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Bosses: Take action to avoid worker status liability
December 13, 2016
“Who qualifies as my employee?” may not be as straightforward as it appears.
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New Healthcare Coverage Option for Small Employers
December 9, 2016
(December 9, 2016) The big news from Washington this week – aside from whatever latest Tweet has issued regarding the incoming administration – is the nearly unanimous bi-partisan passage of the 21st Century Cures Act. The bill, which now goes to President Obama for his expected signature, is chock-full of significant provisions that will impact […]
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Department of Labor Refuses to Concede Overtime Battle
December 2, 2016
(December 2, 2016) We recently wrote about a Texas federal judge’s November 22, 2016 injunction preventing implementation of the Department of Labor’s new overtime rules that would have raised the minimum salary for overtime exempt employees from $23,660 annually to $47,476 annually. The ruling of the lower Court came just days before employers nationwide were […]
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Recent Ruling Reinforces the Importance of Understanding Contract Terms
December 2, 2016
(December 2, 2016) An opinion issued recently by the Michigan Court of Appeals highlights the need for business organizations to pay special attention to not only the language of contracting documents, but also to understand the meaning and consequences of any documents incorporated into those contracts “by reference.” In Naturipe Foods, LLC v Siegel Egg […]
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you ask, we answer.
November 21, 2016
Q: I know that the FLSA salary basis changes on December 1, 2016. So, as long as my salaried employees make at least $47,476 I am in compliance, right? A: Not necessarily. Earlier this year the U.S. Department of Labor issued new regulations which raised the salary basis requirement under the Fair Labor Standards Act […]
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How Does the Election Impact Estate and Gift Taxes?
November 20, 2016
(November 21, 2016) The recent election could mean significant changes in estate and gift tax laws. We believe recent regulatory efforts to abolish valuation discounts will effectively be suspended, and the federal estate/gift tax may soon be repealed. Under current federal estate and gift tax laws, a person is typically taxed at about a 40% […]
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New Ruling Impacts Child Support for Children over 18
November 17, 2016
(November 17, 2016) In a published opinion, the Michigan Court of Appeals has clarified the meaning of “full-time basis” for child support after a child’s 18th birthday. In Weaver v Giffels, the Court of Appeals reversed a ruling by a Kalamazoo Circuit Court Judge which allowed child support beyond a child’s 18th birthday under the […]
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Law firm targets client experience
November 15, 2016
“Because of the internet, Smith said, potential clients are more educated about the legal world and are expecting not only competency, but a well-rounded experience”
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Rhoades McKee ‘drills deeply’ into intensifying client-centered focus
November 14, 2016
“On a day-to-day basis you’re focused on client matters and the internal fundamentals of making a business this big succeed.”
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Reduce Risk While Raising Equity
November 7, 2016
(November 8, 2016) In the last blog post, we talked about senior debt as the primary source of development funds. Unfortunately for developers, senior debt is rarely sufficient to fund the entire project, and the next most common source of funding after senior debt is equity. Senior lenders will not close on the senior loan […]
