Saturday, April 30, 2016

Automobile accidents and catastrophic loss in Michigan — a primer

In literally a second, a life can be changed on Michigan roads. 

Automobile accidents can be simple fender benders, but can also be catastrophic collisions, permanently injuring or even killing you or a loved one. Most troubling is that it can happen at any time and to anyone, regardless of age, race, gender or socio-economic status. When an accid…

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New FLSA Overtime Rules Could Be Effective As Early As Mid-June 2016: Employers Should Take Steps to Prepare Now

On March 15, 2016, the U.S. Department of Labor (DOL) sent the proposed final overtime regulations to the Office of Management and Budget (OMB) for review, marking the final step in the process before the new regulations are published. The OMB review can take anywhere from 30 to 60 days, with an estimated publication date in April or May. Based on …

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75th Anniversary Timeline

This year Smith Haughey is celebrating our 75th Anniversary. Take a look at the journey the firm has taken! 

 

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FLSA Flapjack Flop: Michigan Pancake House to Pay $245K for Noncompliance

Last month, a Michigan pancake house with restaurants in Kalamazoo and Benton Harbor was ordered to pay $245,000 in back wages and damages to 118 employees and retrain all of its managers to comply with the Fair Labor Standards Act (the FLSA). The court order was entered after the Department of Labor investigators found that the owners were violati…

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IRS Notice 2015-87: Additional Guidance on HRAs, ACA Reporting, Health FSA Carryovers and More

In December of 2015, the IRS issued IRS Notice 2015-87 (Notice) which provides employers clarifying guidance on Affordable Care Act (ACA) topics ranging from health reimbursement arrangements (HRAs), employer shared responsibility clarifications, information reporting, and additional guidance regarding the health FSA carryover rules. This client al…

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