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…
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…
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…
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…
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,…
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,…
April 2, 2018 – Previously, in a break from the decades-old practice of treating service advisors as exempt under the salesman exemption of the Fair Labor Standards Act (FLSA), the…
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…
As a reminder, effective January 1, 2018, Michigan’s minimum wage will increase to $9.25 per hour. Employers employing two or more employees who are at least sixteen years of age…
Year-end tax and financial planning has 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…
