Many of our impressions about the American judicial system come from our exposure to television and the movies — from the defense of murder suspects on Perry Mason to the investigations leading to multimillion dollar settlements depicted in Erin Brockovich and Michael Clayton. But courtroom activity is rarely as dramatic as it is on the screen. Judges are frequently overwhelmed by a […]
With proactive participation in global value chains, Vietnam has steadily grown into a prominent manufacturer and exporter for electronics, ranking 12th in the world and 3rd in ASEAN as an exporter for electronics in 2019. Various factors contribute to Vietnam’s successful transformation from an agricultural country into an important location for electronic manufacturing in Southeast […]
The percentage of retail bank customers who access banking services daily via desktop apps has nearly doubled during the COVID-19 pandemic, according to BAI, a banking association. Rather than risk the possibility of a viral infection, many consumers are checking out ways to do their banking that don’t involve in-person trips to a bank lobby. This […]
The following table provides some important federal tax information for 2021, as compared with 2020. Some of the dollar amounts are unchanged and some changed only slightly due to inflation. Social Security/ Medicare 2021 2020 Social Security Tax Wage Base $142,800 $137,700 Medicare Tax Wage Base No limit No limit Employee portion of Social Security 6.2% […]
You probably spend a great deal of time and money developing unique ideas, products, and services. But the more people who know about your plans, the more you risk losing your secrets. To help protect intellectual property — your vital assets — it’s important to require confidentiality agreements. Sometimes referred to as non-disclosure agreements, confidentiality […]
It’s an employer’s nightmare: You are notified by the Equal Employment Opportunity Commission (EEOC) that a complaint has been lodged against the company. Many employers are facing this situation, according to EEOC statistics. The number of individuals filing discrimination, harassment and retaliation claims with the federal government has remained high in recent years (see right-hand box […]
Check fraud costs individuals, businesses and financial institutions as much as $12 billion annually, according to some estimates. Forged checks have always been a problem. However, inexpensive laser printers and check quality paper that is easily accessible makes check fraud more of a problem today than ever before. When a Check BouncesIf you receive a bad […]
For even the largest and most sophisticated organizations, internal fraud inquiries can pose numerous challenges that can send a case off track, cause legal expenses to skyrocket, and put your enterprise on the losing side. Ranging from lax investigations to not knowing enough about local law, here are examples of six mistakes that turned victory into defeat: 1. Avoid […]
COVID -19 has created havoc in all business sectors, across the globe, and the legal profession is no exception. If you company has investments or business ventures in China, you know this pandemic has impacted your ability to take an active role in the operation. IPO Pang can be there when you can’t. Tight restrictions […]
Restaurants have struggled mightily during the COVID-19 pandemic. Thankfully, they’re specifically targeted for a new tax relief measure found in the massive Consolidated Appropriations Act (CAA), which became law on December 27, 2020. The new provision creates a temporary but meaningful tax incentive to spend more on business-related food and beverage costs. Preexisting tax breaks for […]
This past January 11, 2021 a Decree reforming and including several dispositions to the Federal Labor Law was published at the Official Gazette. Among the most important aspects of the reform is the regulation regarding work relations under the modality of telework, same which entered into force on January 12, 2021. Difference between at-home work […]
You’ve probably heard about the massive new Consolidated Appropriations Act(CAA), which provides direct payments to eligible individuals and contains other provisions to help mitigate the effects of COVID-19. But it also provides several tax-relief measures related to qualified disasters. Here’s a summary of the key provisions. Deduction Rules for Personal Qualified Disaster Casualty Losses For 2018 […]