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...

Are Drugs Affecting Your Workplace?

by David P. Weiss | Oct 24, 2014 | Corporate Law, Small Business Law

The Wall Street Journal recently ran an article highlighting drug abuse in the workplace and the impact on employers. Apparently, the overall rate of workers in the U.S. who tested positive for drugs declined 18 percent between 2003 and 2013. However, the rate of use...

Can Minority Members of a Limited Liability Company Pierce the Corporate Veil?

by e-LawLines | Oct 15, 2014 | Corporate Law, Small Business Law

Attorneys always take note when the Missouri Court of Appeals describes a case opinion as “a matter of first impression.” This means the exact issue before the court has not been addressed by that court, or within that court’s jurisdiction, thus...

IRS Reinforces Idea That Employers Should Not Unload Employees Into Health Insurance Exchanges

by e-LawLines | Jun 30, 2014 | Corporate Law, Employment Law, Small Business Law, Taxation

In May 2014, the IRS drove the point home that it will work toward implementing certain policy directives included in the Affordable Care Act (ACA) by the enforcement of certain provisions of the ACA with violations thereof resulting in stiff penalties. Employers...

Is the “Men in Black” Neuralyzer Handy? | Confidentiality and Inevitable Disclosure

by e-LawLines | May 30, 2014 | Corporate Law, Employment Law, Small Business Law

If only we could easily forget those things that we want to forget. Sort of like utilizing the neuralyzer Agent K (Tommy Lee Jones) and Agent J (Will Smith) used in “Men in Black” to erase memories. But we can’t, and in fact, the law generally...