Category: Corporate Law

May 30, 2018 | Corporate Law

European Union Data Protection Regulation

On May 25, 2018, Europe’s General Data Protection Regulation went into effect, strengthening individual privacy rights. The new measures allow people to reduce the trail of information left when browsing social media, reading the news or shopping online, by being able to request the data the companies hold on them and demand it to be... More
May 30, 2018 | Corporate Law

Pregnant Workers Fairness Act

The Pregnant Workers Fairness Act, which went into effect on April 1, 2018, makes it unlawful for an employer in Massachusetts to discriminate against an employee due to pregnancy or a pregnancy related condition, including breast feeding. What is unlawful under the Act? Taking an adverse action or retaliating against an employee who requests a reasonable... More
March 28, 2018 | Corporate Law

Partnership Audit Rules

The Bipartisan Budget Act of 2015 (the “Act”) sets forth new partnership audit rules that became effective for most partnerships (and limited liability companies taxed as partnerships) on January 1, 2018. The key components of these rules are as follows: The IRS can determine audit adjustments at the partnership, rather than the partner, level. Each... More
January 31, 2018 | Corporate Law

New Tax Law Benefits for Certain Closely Held Businesses

The “Tax Cuts and Jobs Act” was signed into law on December 22, 2017.  Section 199A of the Act has a significant impact on certain “pass through” entities including Subchapter S corporations, sole proprietorships and certain limited liability companies.  At a high level, individual (non-corporate) taxpayers who generate “qualified business income” (QBI) from an eligible... More
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