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Is Medicaid for a Spouse Possible Without Breaking the Bank?

Posted on October 26, 2022 by

Paying for nursing-home and long-term care can seem daunting when the cost can be $5,000 to $12,000 per month – or more. When a married couple is no longer able or willing to privately pay out of pocket for care and chooses to apply for Medicaid, it’s a complex process. The Medicaid agency must analyze […]

2023 Qualified Plan Cost of Living Increases, 2023 Social Security Taxable Wage Base

Posted on October 21, 2022 by

On October 21, 2022 the Internal Revenue Service announced the cost-of-living adjustments for the various qualified retirement plan limits.  All of the limits shown below have increased (in some cases significantly) from last year.   Qualified Plan Limit Cost-of-Living Adjustments 401(k) and 403(b) elective deferral limit 2022 – $20,500 2023 – $22,500 $200,000 compensation limit […]

Employers Beware: IRS Cautions Employers Against Engaging Third Party Employee Retention Credit Consultants

Posted on October 20, 2022 by and

Recently, we have been fielding a fair number of inquiries from clients who have been approached by third parties urging them to claim the Employee Retention Credit (“ERC”).  The ERC, which the federal government enacted back in 2020 to help blunt the economic impact of COVID-19, is a refundable tax credit designed to reward businesses […]

New EEO Poster Required!

Posted on October 19, 2022 by

Today the Equal Employment Opportunity Commission released a new poster that is required for employers covered by Title VII.  The new poster is entitled “Know Your Rights” and includes these changes: Notes that harassment is a prohibited form of discrimination; Clarifies that sex discrimination includes discrimination based on pregnancy and related conditions, sexual orientation, or […]

LLCs: The Next Generation Under Wisconsin Law

Posted on October 6, 2022 by , , and

Under new Wisconsin laws coming into effect soon, some important rules governing how limited liability companies (LLCs) operate will change. This article will describe some of the key changes, what LLC owners need to be thinking about, and some approaching deadlines for those wishing to be governed under the “old” rules. The New LLC Law […]

Minnesota Latest State to Legalize THC Products

Posted on October 5, 2022 by

Do you have employees in the Viking state? If so, keep reading!  On July 1, 2022, Minnesota adopted a new law legalizing the sale, purchase, and consumption of edible cannabinoid products to people aged 21 and over. The law legalized the use of edible cannabinoid products made from substances extracted from certified hemp plants.  The […]

How is That Account Titled?

Posted on September 22, 2022 by

My husband just recently opened a new account at one of those online, do-it-yourself, investment companies.  He promises that with the tiny amount of money I was willing to allow him to experiment with that he will make us tons of money.  After he got the account set up, he asked me to sit beside […]

DOJ’s Monaco Memorandum Refocuses on Individual Accountability, Prompt Self-Disclosure, and Clear Guidelines to Prosecutors

Posted on September 21, 2022 by

In September 2022, the United States Department of Justice (DOJ) released a memorandum from Deputy Attorney General Lisa Monaco that included significant changes to the way the DOJ handles corporate criminal enforcement.  The (Monaco Memorandum) built upon and expanded the DOJ’s manner of handling so-called “white collar” crimes and provides guidelines for federal prosecutors across […]

Make Sure Overtime is Calculated Correctly

Posted on August 17, 2022 by

The Fair Labor Standards Act provides an employee should receive compensation for overtime hours at a rate “not less than one and one-half times the regular rate at which he is employed.” 29 U.S.C. § 207(a)(1). This is a well-known principle by employers and employees alike. However, “regular rate” is not the same as the […]

Guidance on Nondiscrimination in Telehealth Released by the Departments of Justice and Health and Human Services

Posted on August 15, 2022 by

On July 29, 2022, the U.S. Department of Justice (DOJ) and the Department of Health and Human Services (HHS) jointly released “Guidance on Nondiscrimination in Telehealth: Federal Protections to Ensure Accessibility to People with Disabilities and Limited English Proficient Persons” (Telehealth Guidance). The complete Telehealth Guidance can be accessed on the HHS Website.  The Telehealth […]