Today, more than half of private employers without union-represented employees use binding arbitration agreements to resolve labour disputes, according to the Economic Policy Institute. Over the years, federal courts have generally rejected legal challenges to arbitration agreements in employment, though they have established some safeguards. Last year, a U.S. Supreme Court decision, Epic Systems Corp. v. Lewis was […]
For many couples, summer is the quintessential time to tie the knot. The weather is warm, the flowers are blooming and nature offers plentiful backdrops for photos. But there’s more than the ceremony to consider when a couple merges their lives, including taxes and other financial issues. Though finances aren’t necessarily a romantic topic, some issues […]
It’s probably impossible for your company to eliminate any chance of harassment, but there are precautions you can take to help win a lawsuit filed by an employee. Above all, you must have a sound company policy against harassment, which includes discrimination based on sex, race, colour, religion, national origin, age or disability. Make sure your employees are […]
Bribery of government officials is widely viewed as a major problem that, left unchecked, can draw in large and small companies as they compete to win foreign jobs or get approval to enter a new market. The cost to a company of paying bribes to win business goes far beyond the payment itself. The fallout from […]
U.S. Shareholders of controlled foreign corporations (“CFCs”) should be aware that proposed regulations issued on June 14, 2019, could significantly alter how the new Global Intangible Low-Taxed Income (“GILTI”) regime under new section 951A affects their tax bills. If finalized, the regulations would permit taxpayers to elect to exclude CFC income items subject to foreign […]
A landmark Supreme Court decision decided last week calls into question the constitutionality of local (District of Columbia, Maryland, and Virginia) fiduciary income tax regimes. Many trusts that have been treated as “resident trusts” – and thus subject to tax in the state on all of the trust’s undistributed income, wherever sourced – because of […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Jim Wehner of Caplin & Drysdale, Chartered Attorney’s. Jim has joined IR as our exclusive Insolvency Member in US – Maryland, Washington DC & Virginia. Mr. Wehner has extensive experience with disputes arising from financial products, mergers and acquisitions, intellectual property, and […]
Striking a healthy balance between puritanical and “anything goes” is more art than science when it comes to summer dress codes. It’s worth making the effort, however, when you consider that inappropriately dressed employees can: Give your customers a bad impression of your organization, Create morale problems among some staff members, and Increase personal safety risks […]
A landmark Supreme Court decision last week calls into question the constitutionality of local (District of Columbia, Maryland, and Virginia) fiduciary income tax regimes. Many trusts that have been treated as “resident trusts” – and thus subject to tax in the state on all of the trust’s undistributed income, wherever sourced – because of the […]
Taxes are a major consideration in mergers and acquisitions (M&As). The parties generally can structure a business purchase as either: An asset purchase. The buyer can purchase all or some of the assets of the business. A purchase of stock (or another ownership interest). The buyer can purchase the seller’s ownership interest in the entity if the target […]
Years ago, many companies dealt with vendors, suppliers, customers and others that were located in the same geographic area. Today, it’s not unusual to engage in transactions with entities in multiple states and even numerous countries. The Internet has made the business world a small place. While doing business outside your area may open up new […]
Emailing from computers and texting from mobile devices is something you probably do all day long. But when transmitting and receiving messages, many people have a false sense of security. They feel that only the senders or the recipients can read the communications. However, as some court cases illustrate, the contents of messages can be disclosed. […]