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Sibling Rivalry: Splitting the Farm Between Multiple Children

Posted on February 24, 2023 by

About 98 percent of U.S. farms are family-owned, according to the U.S. Department of Agriculture. So most farm owners are not surprised that an important part of farm succession planning is balancing the expectations of and promises to their children. In drafting a farm succession plan, the farm owner will be asked to make the […]

U.S. Treasury Clarifies Beneficial Ownership Reporting Requirements for Businesses

Posted on February 22, 2023 by

When it goes into effect on January 1, 2024, a provision tucked inside the Corporate Transparency Act (the “CTA”) will impose lengthy new reporting requirements on many business entities, including many single-member LLCs. The final rule recently issued by the U.S. Treasury Department’s Financial Crimes Enforcement Network clarifies the scope and applicability of these new […]

OFCCP Issues New March 3 Deadline for Federal Contractors to Object to Disclosure of EEO-1 Data!

Posted on February 14, 2023 by

If you are a federal contractor, keep reading. Last summer, the Office of Federal Contractor Compliance Programs (OFCCP) issued a notice to all federal contractors that the Center for Investigative Reporting had requested EEO-1 reports for 2016-2020 pursuant to the Freedom of Information Act (FOIA). While the motive is uncertain, it is likely that this […]

Who Benefits? The Corporate Transparency Act Requires Companies to Disclose Their Beneficial Owners Under New Federal Rules

Posted on February 3, 2023 by

To do business in Wisconsin, a business owner needs to file numerous documents with federal, state, and local governments. Congress recently added a new one. Under the Corporate Transparency Act, most corporations, LLCs, and similar company types doing business in the United States must file a report divulging the personal information of anyone who “controls” […]

FTC’s Non-Compete Proposal: FAQ

Posted on January 11, 2023 by , and

Dear Ruder, we are getting lots of long emails from various sources about this proposed noncompete ban.  Can you please break this down in easy-to-read language so we don’t have to review the entire 216 pages of the FTC’s proposed rule? Dear Reader, Yes we can! See our answers to some frequently asked questions below! […]

FTC Announces Vote to Publish Proposed Rules that Would Ban All Noncompete Provisions Restricting Workers

Posted on January 6, 2023 by and

The Federal Trade Commission (FTC) started the new year off with a bang when it announced in a press release on January 5, 2023 that it is proposing a new rule that would ban many employee non-compete clauses. The press release follows a 3-1 vote by the FTC to publish a notice of proposed rulemaking […]

New Non-Disclosure and Non-Disparagement Restrictions – “Me Too” Movement’s Continued Impact on the Workplace!

Posted on January 5, 2023 by

The Speak Out Act (“Act”) became law on December 7, 2022.  The Act prohibits the enforcement of non-disclosure or non-disparagement provisions which are agreed to prior to an allegation of sexual assault or sexual harassment (“sexual misconduct”).  The Act applies to disputes regarding alleged sexual misconduct that occur after December 7, 2022.  A full version […]

OIG Identifies Seven Telehealth Fraud Indicators in Recent Program Integrity Brief

Posted on January 4, 2023 by

In a September 2022 brief concerning program integrity, the Health and Human Services Office of Inspector General (OIG) identified seven measures to identify providers who may present a high risk for improper Medicare telehealth billing.  These seven factors should serve as a guide to providers and their compliance officers when identifying potential fraud risk in […]

IRS Releases Mileage Rates for 2023

Posted on December 29, 2022 by

The Internal Revenue Service issued the 2023 optional standard mileage rates today for computing the deductible cost of operating an automobile for business, charitable, medical, or moving purposes.  The most notable change is the three-cent per mile increase for businesses. Effective January 1, 2023, the optional standard mileage rates for the use of a car […]

Compliance Officer Challenges and Frustrations Getting Board and Management Commitment to Compliance Culture

Posted on December 28, 2022 by

One of the biggest challenges a compliance officer faces is establishing a strong commitment to creating a culture of compliance and obtaining recognition–there needs to be a compliance “tone from the top” of an organization.  There are numerous potential challenges to getting buy-in for this concept.  This can create frustration for compliance officers aware of […]