Publications

Iowa:  A final rule by the Iowa Workforce Development Department amends regulations under Iowa Admin. Code Sec. 871-24.13 and 871-24.16.  The final rule specifies  that paid time off, annual leave and excused personal leave should be included in the term “vacation pay” and thus are deductible from unemployment.  This rule […]

With an additional overlay of state and federal regulation, employment law issues at financial institutions take on an additional level of complexity. Whether it is the new regulations affecting permissible compensation practices for mortgage loan originators, state and federal licensing requirements or complex rules applicable to insider transactions, human resource […]

What Credit against Nebraska income, deposit or premium tax equal to 20 percent of “eligible expenditures” on “improvements” to a “historically significant real property,” up to $1,000,000 in credit per project. $15,000,000 in credits allocated and available in each of 2015, 2016, 2017 and 2018.  Unused credits carry over to […]

When a borrower defaults on its loan obligations, a lender must decide how to collect the debt and whether to write down or write off the loan. The IRS has added another layer of complexity to these decisions by requiring a lender to report a debt discharge by issuing a […]

The Internal Revenue Service recently issued Final Regulations for the employer pay-or-play mandate under the Affordable Care Act.  The Final Regulations, which include both clarifications and changes to the Proposed Regulations, address the extension of the transition rules, full-time employees, hours-of-service determinations, affordability safe harbors and applicable large employer status. […]