Last December, Congress responded to an avalanche of sexual harassment and abuse claims across the country by including a provision within the Tax Cuts and Jobs Act at Section 13307 impacting an employer's ability to obtain a tax deduction for settlements paid that include nondisclosure agreements. Internal Revenue Code Section 162(q) now provides that no deduction will be allowed for any settlement or payment related to sexual harassment or sexual abuse if such settlement or payment is subject to a nondisclosure agreement. Deductions for attorney's fees related to such confidential sexual harassment settlements or payments are also prohibited.
This past Wednesday, June 6, 2017, the Department of Labor (DOL) issued a press release announcing the withdrawal of its 2015 and 2016 guidance, formally called "Administrator's Interpretation" (AI), concerning independent contractors and joint employment.
According to the recent IT Security Risks Survey conducted by Kaspersky Lab, 73% of companies have been affected by internal information security breaches, and the largest single cause of confidential data losses is employees at 42%. In fact, 19% of respondents said that at least one of their employees loses a mobile device containing corporate data at least once a year.
Ohio employers will be happy to know that the Bureau of Workers' Compensation is on the verge of providing them yet another major rebate.
In November 2016, the U.S. Citizenship and Immigration Services (USCIS) released a new Form I-9 for all employers to use when hiring new employees. Starting January 22, 2017, all employers must use this new Form I-9, which has been referenced as a "smart" form because it can be filled out online and includes drop-down menus, hover text with instructions, and error messages. Failure to use the new Form I-9 beginning January 22, 2017, may result in civil fines.
In our blog entry dated November 23, 2016, Coolidge Wall announced that a federal judge in Texas had issued an injunction halting the Department of Labor's new wage and hour regulations from being implemented on December 1, 2016, as anticipated. These amended regulations purported to increase the threshold salary requirement for most exempt positions from $455 to $913 per week, which would have impacted more than an estimated four million workers throughout the country. Many employers were poised to implement changes in compliance with the amendments, and others had already implemented such changes in advance of the effective date.
In a somewhat surprising and certainly controversial move, a federal court in Texas has issued a preliminary injunction stopping for the time being the DOL's overtime rules from taking effect on December 1, 2016, as originally contemplated. Moreover, the court's order applies to all employers on a nationwide basis.
On June 9, 2016, Ohio Governor John Kasich signed Sub. H. B. No. 523 into law and Ohio officially became the 25th state to legalize the use of medical marijuana.
In the midst of the "alphabet soup" of regulations and regulators that could affect your business, Ohio has an ingredient all its own...the VSSR.
If you're unfamiliar with the processes of the Ohio Civil Rights Commission (OCRC) or the Equal Employment Opportunity Commission (EEOC), receiving a charge can present some confusion in addition to the stress already inherent in responding to a charge.