Attorney Michael J. Weikert Joins the Firm as Of Counsel
Colombo & Colombo, P.C. is pleased to announce that attorney Michael J. Weikert has joined the firm as Of Counsel. Mr. Weikert is experienced in all areas of business litigation,…
Form 8300 Cash Reporting Customer Notification
As part of the IRS cash reporting rule, on or before the January 31st following the calendar year for which the Form 8300 was filed, dealerships must provide a written…
Reminder: Increased Minimum Salary for “White Collar” Exemptions
As we recently reported to you, effective January 1, 2020, the minimum guaranteed salary requirement for the “white collar” exemptions from overtime under the Fair Labor Standards Act (FLSA) is…
Annual Reminder: Year End Legal Review
Year-end tax and financial planning have become relatively commonplace. However, far too few businesses give proper attention to a fiscal or calendar year-end legal review. A systematic and wide-ranging review…
Form 8300 Cash Reporting Customer Notification
As part of the IRS cash reporting rule, on or before the January 31st following the calendar year for which the Form 8300 was filed, dealerships must provide a written…
Paid Medical Leave Act
On December 14, 2018, the Paid Medical Leave Act (“PMLA”) was signed into law and becomes effective on March 29th of 2019. The PMLA applies to dealers who employ 50…
2018 Year End Legal Review
Year-end tax and financial planning have become relatively commonplace. However, far too few businesses give proper attention to a fiscal or calendar year-end legal review. A systematic and wide-ranging review…
Social Host Liability for 2018
Office parties can present a whole “host” of liabilities for dealers, regardless of whether the parties are scheduled to celebrate the holidays, improve employee morale, or serve as an opportunity…
New Summary of Your Rights Under the Fair Credit Reporting Act
Attached here is a Notice to Dealers sent out by Colombo & Colombo in November 2015 regarding the use of consumer credit reports for employment purposes. As of September 21,…
New Federal Law Allowing Customers to Freeze Credit File
On May 24, 2018, a new federal law was created amending the Truth in Lending Act (TILA); named the Economic Growth, Regulatory Relief, and Consumer Protection Act. Beginning September 21,…
