Shhh…Can You Keep a Secret?

by e-LawLines | Jun 21, 2016 | Contract Law, Corporate Law, Employment Law, Small Business Law

Recently enacted federal “Defend Trade Secrets Act “ includes whistleblower protection not previously afforded by state law. On May 11, 2016 the Defend Trade Secrets Act (DTSA) was signed into law and became immediately effective to protect misappropriation of trade...

June 30, ACA Deadline Looming for Small Employers to Avoid $100-per-Day-per-Employee Penalties

by e-LawLines | Jun 11, 2015 | Corporate Law, Employment Law, Small Business Law, Taxation

Does your business or employer pay for, or reimburse employees for, individual health insurance coverage? Did you know that as a result of the Affordable Care Act, such arrangements were prohibited beginning January 1, 2014? Did you know that more-than-2% shareholders...

Piercing the Corporate Veil (Again): Even a Company’s Bankruptcy Couldn’t Protect Owners From Personal Liability

by e-LawLines | Jan 29, 2015 | Corporate Law, Litigation, Small Business Law

Facts always make the case, and in a particular case across the state in Kansas City, the facts, when applied to the law, found the owners of a construction company liable to a building owner not only for the full contract amount but also for punitive damages. The...

Affordable Care Act 2015 Update

by e-LawLines | Dec 16, 2014 | Corporate Law, Employment Law, Small Business Law, Taxation

During 2014, we saw a variety of additional guidance issued by the Department of the Treasury and Internal Revenue Service (“IRS”) as well as the U.S. Department of Labor (“DOL”) regarding the Affordable Care Act (“ACA”) or...

DOL Reaffirms and Adds to Recent IRS Guidance Regarding Employer Payment Plans — Effectively Shutting Down Any Payments by Employers for Individual Health Insurance Premiums

by e-LawLines | Dec 15, 2014 | Corporate Law, Employment Law, Small Business Law, Taxation

Does your business or employer pay for, or reimburse employees for, individual health insurance coverage? Did you know that as a result of the Affordable Care Act, such arrangements were prohibited beginning Jan. 1, 2014? On Nov. 6, 2014, the U.S. Department of Labor...

When Is a Duck Not a Duck? When a Duck Is an Individual Health Insurance Premium Reimbursement to a More-Than-2% Shareholder of an S Corporation

by e-LawLines | Dec 12, 2014 | Corporate Law, Employment Law, Small Business Law, Taxation

It’s not business as usual if you are a shareholder of an S corporation which is either paying directly, or reimbursing you, for your individual coverage health insurance premiums. Did you know that changes were required starting Jan. 1, 2014? Recently an FAQ...