Over the past decade, The Best Lawyers in America has recognized Mark Samila in eight different practice areas, awarding him “Lawyer of the Year” recognition four times. Two of those titles were given this year for Samila’s work in both Banking and Finance Law as well as Corporate Law which he also received in 2023....Read More
On April 23, 2024, the U.S. Department of Labor (“DOL”) announced a final rule on overtime that seeks to make more workers eligible for minimum wage and overtime protections under the Fair Labor Standards Act (“FLSA”). The DOL’s final rule provides for tiered increases to the minimum salary levels required to satisfy the tests for...Read More
By Mark McAnulty, Nicholas Golding, and Jackson Treadway On January 10, 2023, the Illinois legislature passed the Paid Leave for All Workers Act. Governor Pritzker has indicated that he will sign the bill into law, which will go into effect in January of 2024. The Act requires nearly all employers to give employees a minimum...Read More
Just before Christmas, President Biden signed into law an omnibus bill dubbed the “Secure Act 2.0,” which included a workplace retirement access package designed to add new savings plans and reshape some of the rules and restrictions governing most 401(k) plans. Background Congress passed the Secure Act in 2019, which raised the Retired Minimum Distributions...Read More
Pursuant to the memo “Deferring Payroll Tax Obligations in Light of the Ongoing COVID-19 Disaster,” employers will be allowed to defer the withholding, deposit, and payment of the employee portion of Social Security taxes if the employee’s bi-weekly pre-tax pay is less than $4,000. The IRS issued additional guidance for employers in implementing the payroll...Read More
IRS guidance to employers about the documentation employers need to collect from employees requesting COVID-19-related paid leave, as well as documents employers should maintain for tax credit purposes.Read More
UPDATED April 1, 2020, to reflect IRS expanded application of payroll tax credits for employersUPDATED March 19, 2020, to reflect that President Trump signed H.R. 6201 into lawUPDATED March 18, 2020, to reflect passage of H.R. 6201 by the U.S. Senate Originally published March 17, 2020 In response to the coronavirus (COVID-19) outbreak, President Trump...Read More
Though Indiana property taxes remain due by May 11, 2020, Gov. Holcomb issued Executive Order #20-005 requiring all Indiana counties to waive delinquent payment penalties for property taxes paid on or before July 10, 2020.Read More