The legal sports betting industry raked in $11 billion last year, plus billions in tax revenues for states. You can’t get through a 30-second TV timeout without 90 seconds of commercials for legal gaming sites. Since 2018 when…
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/ Administrative Law, Art, Entertainment, & Sports Law, Constitutional Law
A “qualified disclaimer” is a tax-effective way to refuse a transfer of property that would otherwise occur on someone’s death. From time to time, retirement plan administrators may be contacted by a beneficiary who wants a…
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/ Labor & Employment Law, Taxation, Wills, Trusts, & Estate Planning
On August 28, the IRS issued IR-2024-227, reminding employers of the following key aspects of educational assistance programs under Internal Revenue Code Section 127:
-They can be used to help reimburse the costs of or pay…
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/ Education Law, Finance & Banking, Labor & Employment Law, Taxation
Summer is ending and fall is rapidly approaching. For employee benefit professionals with calendar-year health and welfare benefit plans that means preparing for annual enrollment and year-end compliance requirements. This post…
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/ Health, Insurance, Labor & Employment Law
Section 110 of the SECURE 2.0 Act of 2022 (“SECURE 2.0”) permits employers maintaining a 401(k), 403(b), governmental 457(b), or SIMPLE IRA plan to make matching contributions based on qualified student loan payments (“QSLPs”),…
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/ Finance & Banking, Labor & Employment Law, Taxation
This week Donald J. Trump announced that “Back by popular demand” he’s offering his new (Series 4) Trump Digital Trading Cards (NFTs). Being the glutton for punishment that I am, I went to the website to review the offer and its…
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/ Commercial Law & Contracts, Consumer Protection
Yesterday afternoon (August 20, 2024), the United States District Court for the Northern District of Texas blocked the Federal Trade Commission’s (FTC) Final Rule banning most non-competition agreements between employers and…
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/ Administrative Law, Antitrust & Trade Regulation, Business Organizations, Commercial Law & Contracts, Labor & Employment Law
While the SCOTUS’s Loper Bright Enterprises et al. (Loper) decision reversing Chevron was a win for those seeking to rein in the administrative state at the federal level, it does not sound the death knell for Massachusetts…
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/ Administrative Law, Civil Procedure, Energy & Utilities, Environmental Law
On April 26, 2024, the U.S. Department of Health and Human Services (HHS) and Office for Civil Rights (OCR) published Final Regulations under HIPAA’s Privacy Rule introducing greater protections for information related to…
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/ Civil Rights, Health, Labor & Employment Law, Privacy
It is a common practice for employers to offer employees a health care flexible spending account (“Health FSA”) option under a cafeteria plan. However, employers (and their COBRA administrators) may not be aware that Health FSAs…
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/ Labor & Employment Law, Health, Taxation
The Maine PUC has recently opened two related dockets that will significantly impact the renewable energy industry. The first, Docket No. 2024-00137, is a follow-on docket to the PUC’s Investigation into the Stranded Cost Rate…
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/ Administrative Law, Energy & Utilities, Environmental Law
Maine’s comprehensive paid family and medical leave (PFML) law, enacted in October 2023, establishes a state benefits program funded by employer and employee contributions (the “Program”). The PFML law provides for…
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/ Business Organizations, Insurance, Labor & Employment Law
The Corporate Transparency Act (CTA) will require most privately-owned entities to file Beneficial Ownership Information (BOI) reports with FinCEN no later than January 1, 2025. The purpose of this Client Alert is to check in…
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/ Business Organizations, Finance & Banking
In our December 7, 2023 post, we noted five class action lawsuits, all filed by the same law firm within two months, in which 401(k) plan participants allege plan fiduciaries violated ERISA by using plan forfeitures to offset…
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/ Labor & Employment Law
As our understanding of the environment and anthropogenic impact grows, protection efforts increasingly spawn regulation. Media coverage of perceived harms to health and the environment and well-funded advocacy by conservation…
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/ Administrative Law, Environmental Law
