As covered in an earlier client alert by our firm, The Federal Trade Commission (FTC)’s final Non-Complete Clause Rule—if it survives legal challenges and becomes effective—would ban most post-employment non-compete...more
4/29/2024
/ Common Carriers ,
Contract Terms ,
Corporate Executives ,
Employment Contract ,
Exempt-Employees ,
Exemptions ,
Federal Trade Commission (FTC) ,
Final Rules ,
FTC Act ,
Highly Compensated Employees ,
IRS ,
Jurisdiction ,
Non-Compete Agreements ,
Nonprofits ,
Restrictive Covenants ,
Tax Exempt Entities
State attorneys general, the IRS, and other regulators are focused on “interested party” (conflict-of-interest) transactions in the healthcare and nonprofit sectors. While these transactions are generally permissible and may...more
4/26/2024
/ Compliance ,
Conflicts of Interest ,
Disclosure Requirements ,
Enforcement ,
Enforcement Priorities ,
Health Care Providers ,
Interested Parties ,
IRS ,
Nonprofits ,
Rebuttable Presumptions ,
State Attorneys General
As the effects of COVID-19 on the economy and our societal needs present challenges to nearly every nonprofit organization, some organizations are considering how their endowment and other restricted funds may be deployed to...more
The recently enacted “Coronavirus Aid, Relief, and Economic Security Act,” known as the “CARES Act,” addresses many topics, including direct payments to millions of Americans, delay of employer payroll taxes, disaster relief...more
Effective December 20, 2019, the "Taxpayer Certainty and Disaster Tax Relief Act of 2019" makes two legislative changes of special interest to tax-exempt organizations.
Retroactive Repeal of Nonprofit "Parking Tax" -...more