News

New York State’s HERO Act Imposes New Workplace Health and Safety Obligations on Employers

By EsqSocial Corporation 21/05/21

This post was revised on May 19, 2021 to reflect relevant updates. On May 5, 2021, New York enacted the Health and Essential Rights Act (the “HERO Act”).

Privacy Bill Essentials: Proposed Federal Children and Teens' Online Privacy Protection Act

By EsqSocial Corporation 21/05/21

In an effort to strengthen protections relating to the online collection, use, and disclosure of personal information of children and minors, U.S. Senators Edward J.

Beware September 10th Deadline for Certain “Qualified Opportunity Fund” Investments

By EsqSocial Corporation 21/05/21

The upcoming deadline to make a “capital gain rollover” investment into a “qualified opportunity fund” with respect to certain 2020 pass-through gains is September 10, 2021.

Legal Protection for the Software Arts — Part 1

By EsqSocial Corporation 21/05/21

Software has an outsized role in the economy contributing over a trillion dollars to the value of the US gross domestic product. Proprietary software represents a significant portion of that value and can be among a business’s most valuable assets.

Employment Law Alert – May 2021

By EsqSocial Corporation 21/05/21

Masking Rules Relaxed for Vaccinated Employees - Many Virginia employers have been anxiously awaiting action from the Virginia Division of Occupational Safety and Health (VOSH) to conform with the CDC’s May 14, 2021, guidance relaxing face covering requirements for fully vaccinated employees.

[Podcast] The Final Three Fall - Economic Presence & Marketplace Facilitator Tax Law Update

By EsqSocial Corporation 21/05/21

At the end of 2020, only three states with a sales tax had not passed a marketplace facilitator/economic presence package: Florida, Kansas, and Missouri. After this legislative session, those final three holdouts have fallen (maybe). Matt Hunsaker explains....

The IRS’ Lawsuits, Awards, and Settlements Audit Techniques Guide

By EsqSocial Corporation 21/05/21

Some time ago, the IRS issued an Audit Techniques Guide on the taxation of lawsuits, awards, and settlements. As many tax practitioners can attest, there are a multitude of tax issues involving any one of these issues.

IRS Addresses Lingering Employer Questions Regarding COBRA Premium Assistance and Corresponding Tax Credits under the American Rescue Plan Act

By EsqSocial Corporation 21/05/21

The American Rescue Plan Act (ARPA) provides for 100% premium assistance to certain qualified beneficiaries for continuation coverage under the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) for periods of coverage beginning on or after April 1, 2021 and ending September 30, 2021.

Indiana Tax Court Upholds Pharmacy Benefit Management Costs of Performance Approach

By EsqSocial Corporation 21/05/21

The Indiana Tax Court held that a “pharmacy benefit management company” sold services as opposed to tangible personal property for tax years 2011 through 2013.

SECURE Act 2.0: What Defined Contribution Plan Sponsors Need to Know

By EsqSocial Corporation 21/05/21

With SECURE Act 1.0 (officially titled “Setting Every Community Up for Retirement Enhancement Act”) still being implemented by many plan sponsors, Congress is now considering a new package of laws designed to help close the nation’s retirement savings gap, referred to as SECURE Act 2.0 (officiall

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