Updated FTC Used Car Buyers Guide
Effective November 10, 2016, the Federal Trade Commission (FTC) has issued its Final Rule amending the Used Car Buyers Guide. The current Buyers Guide with which dealers are familiar did…
Fraudulent Unemployment Claims
According to some providers of unemployment compensation services, there has been a rise in fraudulent unemployment claims being filed as a result of identity theft. According to one provider, Michigan’s…
New Online Reporting Requirements for OSHA
OSHA’s new online reporting rule becomes effective on January 1, 2017, but the reporting requirements are to be phased in over 2 years. The new rule requires that certain employers…
Colombo & Colombo Attorneys Featured at Auto Dealers Conference Hosted by Michigan Association of Certified Public Accountants
Attorneys Charles LeFevre and Eric Bowden, Partners at Colombo & Colombo, P.C., will present at a conference for the Michigan Association of Certified Public Accountants at the Suburban Collection Showplace…
Guidance Regarding Compliance with the Department of Labor’s New Overtime Rule Effective December 1, 2016
Click here to view the entire article. As dealers are aware through communications from multiple sources, earlier this year the Department of Labor finalized its Regulations updating and implementing exemptions…
Federal Agencies Adjust Civil Penalty Amounts
Effective as of August 1, 2016, the maximum penalty for violations of some of the major laws enforced by the Federal Trade Commission has increased from $16,000 to $40,000. The…
Mandatory Updates to Fair Labor Standards Act Minimum Wage Poster
The Fair Labor Standards Act (FLSA) Minimum Wage Poster issued by the United States Department of Labor has been updated. Effective August 1, 2016, those employers subject to the FLSA…
New Law on Record-Keeping Requirements for Used Tire Sales (PA 112 of 2016)
Effective August 8, 2016, Michigan auto dealers must keep records of used tires, tire wheels or rims, and continuous tire tread purchased from individuals. Although the law applies to both…
Department of Labor Persuader Rule’s July 1, 2016 Effective Date Blocked By Federal Court
As you may recall from a previous notice, the Department of Labor (“DOL”) issued the new Persuader Final Rule on March 24, 2016, which required increased reporting of an employer’s…
United States Supreme Court Vacates Ninth Circuit’s Ruling That Service Advisors Are Not Exempt From Overtime Pay
On June 20, 2016, in the case of Navarro v. Encino Motorcars, LLC, the Supreme Court of the United States issued an opinion vacating the Ninth Circuit’s decision from March…
