Sign up below to receive our Legal Updates and seminar invitations.
Posted on January 13, 2011 by Derek L. Prestin
On December 31, 2010, the Federal Trade Commission began enforcing the “Red Flags Rule” (the “Rule”), which may be found at 16 C.F.R. 681. However, on December 18, 2010, the Red Flag Program Clarification Act of 2010 was signed into law, which revised the scope of businesses to which the Rule applies. Consequently, the Rule […]
Posted on January 12, 2011 by Ruder Ware Alumni
Did you receive a notice from the IRS this year? Every year the IRS sends millions of letters and notices to taxpayers. There are various reasons the IRS sends notices to taxpayers. For example, the notice may request payment of taxes, notify you of a proposed deficiency of taxes or a change to your account, […]
Posted on January 7, 2011 by Mary Ellen Schill
Tax season for most taxpayers will begin on time, however, the Internal Revenue Service has advised many taxpayers to wait to file to allow the Service some time to reprogram its computers to reflect the 2010 Tax Relief Act’s changes. The taxpayers affected by Congress’s late passage of the Act are advised to wait until […]
Posted on January 6, 2011 by Ruder Ware Alumni
As many observers anticipated, the National Labor Relations Board (“NLRB”), prior to the expiration of Member Becker ‘s recess appointment on December 31, 2011, successfully promulgated and published a final rule adopting several so-called “quickie election” provisions designed to make union avoidance a more challenging proposition for private-sector employers. The final rule is available to […]
Posted on December 22, 2010 by Mary Ellen Schill
The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (“2010 Tax Relief Act”) provides a major change in the withholding of Social Security taxes from employees’ wages and provides for the extension of several other benefit related provisions that were set to expire on December 31, 2010. Attorney Melissa Kampmann recently authored […]
Posted on December 20, 2010 by Melissa S. Kampmann
On December 17, 2010, President Barack Obama signed into law the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 (“2010 Tax Act”). The new law centers around a temporary, two-year reprieve from the expiration of the Economic Growth and Tax Relief Reconciliation Act of 2001 (“EGTRRA”) and the Jobs and Growth Tax […]
Posted on December 3, 2010 by Mary Ellen Schill
The Internal Revenue Service has announced the optional standard mileage rates for computing the deductible cost of operating an automobile for business, medical, and moving expenses for 2011. Effective January 1, 2011, the optional standard mileage rates will be 51 cents per mile for business transportation, and 19 cents per mile for travel relating to […]
Posted on December 3, 2010 by Ruder Ware Alumni
It is a well settled law in Wisconsin that an at-will employee may be terminated for any reason unless the termination violates public policy as expressed in the Constitution, a statute, administrative rule, or other enactment. Recently, the Wisconsin Supreme Court addressed a situation in which an at-will employee claimed that she was illegally terminated […]
Posted on November 23, 2010 by Mark D. Munson
December 2010 may be one of the best times to use a grantor retained annuity trust (or “GRAT”) to transfer assets to children and grandchildren free of gift taxes. The reason is that based on current tax rules, it is assumed that assets transferred to a GRAT in December 2010 will yield an annual return […]
Posted on November 15, 2010 by Ruder Ware Alumni
The American with Disabilities Act (“ADA”) requires employers to make reasonable accommodations for qualified employees with disabilities. Although the ADA does not mandate that an employer grant a leave of absence to an employee with a disability, such a leave in certain cases may be necessary to comply with the ADA’s reasonable accommodation requirement. Thus, […]