The Good, The Unknown and The Ugly. Changes to Individual Retirement Accounts and 401 (k) plans were passed recently by the United States Congress. Pending since early summer of 2019, the legislation was attached to the updated budget bill and signed by President Trump. A number of provisions went into effect on January 1, 2020.
The Michigan Supreme Court has adopted significant changes to the Michigan Court Rules. The Rules go into effect on January 1, 2020 and considerably change the way cases are litigated.
Anyone with an Estate Plan which hasn’t been reviewed for the past five years may want to take some time now to revisit those documents, as well as the titling of assets and beneficiary designations.
During the Michigan legislature's lame duck session in December, significant changes were made to the Construction Lien Act.
Employers should be aware of Epic Systems Corp. v. Lewis, a 5-4 decision announced on Monday, May 21, 2018, by the U.S. Supreme Court.
Michigan Court of Appeals rules that employees who secure employment through resume fraud may be liable for damages to an employer.
Owning a vacation home can create complicated family estate and income tax issues. Keeping the cottage and property in the family will not happen without thoughtful planning.
The Occupational Safety and Health Administration's new silica rules for the construction industry are being enforced. Contractors must comply in order to avoid costly fines and to protect their workers.
With the passage of the Tax Cut and Jobs Act, questions remain as to how it will fuel economic growth and how it will affect individuals and businesses. Kotz Sangster's estate planning and tax attorneys offer an overview of the new law.
It is clear that harassment and discrimination in the workplace is not a thing of the past. It can happen anywhere, anytime. There is much that HR departments and management can do to minimize harassment and discrimination and reduce risk to employers.