Category: Uncategorized

May 20

On May 16, 2016, as we expected, the United States Department of Labor (“DOL”) issued its Overtime Final Rule expanding overtime coverage to an additional 4.2 million employees. Summary of the Final Rule: Standard salary level: The final rule has increased the salary level to Read More

Nov 10

On November 2, 2015 the IRS published updated estate, gift and generation-skipping transfer tax figures.  These amounts will be effective beginning on January 1, 2016. 2016 Basic Exclusion Amount for Estate and Gift Tax: $5,450,000 2016 Generation-Skipping Transfer Tax Exemption: $5,450,000 2016 Gift Tax Annual Read More

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