How long will the joint venture last? Some joint ventures are intended to have unlimited terms. Others may be limited to the duration of a specific project. Still others may expire or change by operation of law, as when a concession right requiring local ownership expires. When a joint venture […]
Publications
New Reporting Requirements for Tax-Exempt Social Welfare Organizations
on Thursday, 31 March 2016 in
Publications
The Protecting Americans From Tax Hikes Act of 2015 (PATH Act) imposes new reporting requirements for social welfare and community benefit organizations formed under Section 501(c)(4) of the Internal Revenue Code. The new requirements, found in Section 506 of the Internal Revenue Code, also impose penalties for failure to comply. […]
Captive Insurance Companies Proliferate Among Bank Holding Companies
on Thursday, 31 March 2016 in
Publications
This article also appeared online on BankDirector.com. Banking is the business of managing risk. Be it credit risk, interest rate risk or technological risk, bankers are trying to control a highly leveraged earnings engine while avoiding risks that can result in sudden reversals of fortune. Yet many of the biggest […]
CONNECT for Health Act Would Expand Medicare Reimbursement for Telehealth Services
on Friday, 25 March 2016 in
Publications
On February 2, 2016, Senate Bill S. 2484 was introduced, entitled “Creating Opportunities Now for Necessary and Effective Care Technologies (CONNECT) for Health Act.” The stated purpose of the Bill is to “promote cost savings and quality care under the Medicare program through the use of telehealth and remote patient […]
Michael W. Chase Elected to OneWorld Community Health Centers Board of Directors
on Thursday, 24 March 2016 in
Publications
Congratulations to Baird Holm Partner Michael W. Chase for being elected to the OneWorld Community Health Centers Board of Directors. Michael and five other new members join the existing 16 members of the Board of Directors and will each serve three-year terms.
