Corporate Transparency Act – Effective January 1, 2024 OverviewThe Corporate Transparency Act (“CTA”), which was enacted in 2021 as part of the National Defense Authorization Act, is a federal law that aims to prevent and combat financial crimes by identifying the individuals associated with US companies. Additional information may be found here: https://www.fincen.gov/boi In order [...]
CCPA Applies to Employment Information Starting January 1, 2023 A series of amendments to the California Consumer Privacy Act (“CCPA”) will take effect on January 1, 2023, resulting in big changes for your company’s privacy program. The most significant of these is the end of the existing exemption for personal information relating to employees, [...]
Overview Oregon SB 726, known as the Oregon Workplace Fairness Act (the “OWFA”), was passed by the legislature in 2019, effective October 1st, 2020. The OWFA will require major changes to employee/employer agreements and discrimination policies. Employers in Oregon should immediately review and update their policies and agreements based on the law’s provisions. The [...]
OVERVIEW On May 8, 2019, Governor Jay Inslee signed HB 1450, a bill that effects substantial changes into the enforceability of non-compete covenants in the state of Washington. As the bill recites, the legislature found that “workforce mobility is important to economic growth and development,” and the bill introduces new limitations on the use of [...]
The 2018 Internal Revenue Service (“IRS”) partnership rules streamline the partnership audit process for the IRS, making it easier for the IRS to audit partnerships. The 2018 rules also create some planning opportunities for potential audits, as section 6223 of form 1065 now requires a partnership representative. In 2012, the IRS audited 27.1% of [...]
Arrangements between “for profit” companies and unpaid interns can lead to rewarding experiences for both parties. Interns benefit by receiving valuable real-world experience, mentorship, and connections. Companies get the opportunity to give back to students and help strengthen their industry. However, unpaid internships are not without issues and the legal landscape is shifting to require [...]
Happy New Year! Recently, Oregon enacted multiple new laws and amendments affecting employment practices in Oregon. To aid employers in reviewing their policies and related documents, we've provided updates on the recent changes to Oregon employment law effective in 2016. For more information, please contact our Employment Group at (503) 802-5533. Mandatory Sick Leave Senate Bill [...]
Recently, Oregon joined a growing number of cities and states adopting laws which provide for sick leave for employees. The new law which becomes effective on January 1, 2016 will apply to substantially all Oregon employers. However, only employers with ten or more employees will be required to provide paid sick leave. Employers with nine [...]