Category: Guest Authors

Guest Author Heather G. Ptasznik: FLSA white collar exemption changes approved … Are you ready?

On May 19, 2016, the Department of Labor (“DOL”) issued its final rule regarding the Fair Labor Standards Act (“FLSA”). This ruling will have nationwide sweeping implications for most private and public employers as it pertains to who is exempt...

Guest Author Zana Tomich: Department of Labor overtime changes bring new wrinkle to employers

As I talk to employers in various industries, one of the most common misconceptions that I hear time and time again is that as long as an employee is paid salary, there is no need to worry about paying overtime....

Guest Author Lisa Zimmer: The final fiduciary rule has arrived . . . finally

The Department of Labor (DOL) on April 6, 2016, issued the highly anticipated final fiduciary rule. While the essence of the final rule remains the same as the rule proposed last year, it has been tweaked to address, or eliminate,...

Guest Author Jeff DeVree: Deadlines extended for Affordable Care Act

Last week, the IRS extended the due dates for providing ACA reporting forms to employees and filing the forms with the IRS. The extension applies to the forms for 2015, which are due in 2016. The due date for providing...

Guest Author Melanie Cullen: Get It Together—for yourself, for your loved ones

If you’ve ever pitched in for someone who has become incapacitated, or if you’ve helped to wrap up an estate following a death, you know how hard it is. It’s hard emotionally to step into the void left by that...

Guest Author Julia A. Perkins: Love & Marriage – What does it mean for same-sex couples?

UPDATE June 26, 2015: The Supreme Court of the United States overturned the lower court of appeals stay allowing gay marriage bans in several states, making same-sex unions legal in all 50 states. About 114,000 same-sex couples nationwide have been legally...

Guest Author Eric Nemeth: U.S. Supreme Court says $6 million fraud judgment against Blue Cross Blue Shield will stand

BCBSM changes self-funded customers hidden fees starting in 1994 Before 1994, BCBSM charged its self-funded customers various surcharges and subsidies to prop up its insured lines of business, but those surcharges and subsidies were disclosed on the bill. Over time,...

Guest Author Brian Clement: Anthem Blue Cross data breach is a wake-up call for healthcare organizations

Anthem, which happens to be the second largest health insurance company in the United States, suffered a monumental data breach that must not be ignored. 80 million records (people) have been left exposed and vulnerable to identity theft. 80 million...

Guest Author Victor Hicks II, CFP, AIF: Fidelity Bonding vs. Fiduciary Liability Insurance for 401(k) Plan Sponsors

Fidelity Bonding vs. Fiduciary Liability Insurance for 401(k) Plan Sponsors By: Victor H. Hicks II, CFP®, AIF® Owner, Managing Principal Lumin Financial, LLC An Independent Registered Investment Adviser [email protected] Our clients often ask: Fidelity bonding or fiduciary liability insurance? It’s...

Guest Authors Mark Neithercut and Jennifer Miller Oertel: Tax benefits of charitable giving

Regardless of whether you regularly contribute to charity, it is useful to be aware of the unique charitable giving tax benefits available to entrepreneurs. We suspect that even the most knowledgeable, charitably-minded individual may not be aware of all of...