April 16, 2024
Whose Bonus Is It? – When May a Bonus Received After the Marriage Form Part of the Marital Estate?
For many couples, a spouse’s bonus is both a sign of an employer’s appreciation for the employee-spouse’s hard work and a significant portion of his or her total annual compensation. Because bonuses are
Foster Swift
Website:
https://www.fosterswift.com/
Foster Swift Blogs
Blog Authors
Latest from Foster Swift
What Employers Need to Know About DOL Employee Classification Rules
AI Legal Issues That Can Impact Your Business
March 20, 2024
AI Legal Issues That Can Impact Your Business
Many businesses are using Artificial Intelligence (AI) tools in a variety of innovative ways to improve productivity and to save time and money. According to a 2023 Forbes article, 1 in 3 businesses plan to use ChatGPT to write their website content while…
The Corporate Transparency Act and its Impact on ESOPs
February 29, 2024
The Corporate Transparency Act and its Impact on ESOPs
The Corporate Transparency Act (“CTA”), which became effective on January 1, 2024, requires that many businesses report a significant amount of information about the company and its “beneficial owners” to a federal database. This article outlines the general rule, exceptions to the rule,…
Under the Bridge – The Rise of Copyright Trolls in the Intellectual Property Space
February 5, 2024
Under the Bridge – The Rise of Copyright Trolls in the Intellectual Property Space
Through tactical litigation practices, copyright trolls rely on copyright law to allege infringement and threaten major statutory damages upon unsuspecting defendants. The term “copyright troll” is an unflattering nickname for someone who manipulates the intellectual property (“IP”) laws…
The Importance of Adopting an E-Signature Policy for Your Business
January 17, 2024
The Importance of Adopting an E-Signature Policy for Your Business
Given the ever-changing landscape and increasing popularity of remote work, the use of electronic signatures (“e-signatures”) is on the rise. Business in general is going virtual, causing electronic transactions and online interactions to become more common. To accommodate this new digital environment,…
IRS Announces 2024 Cost-of-Living Adjustments for Retirement Plans and for Health and Welfare Benefit Plans
December 4, 2023
IRS Announces 2024 Cost-of-Living Adjustments for Retirement Plans and for Health and Welfare Benefit Plans
This blog has been updated since November 8, 2022. The data below is current.
The IRS has announced the 2024 cost-of-living adjustments for retirement plan and health and welfare benefit plan limitations. The charts below set forth…
Supreme Court Rules that Elections Must Abide by State Laws
September 20, 2023
Supreme Court Rules that Elections Must Abide by State Laws
The United States Supreme Court recently ruled that state legislatures must abide by the election laws of their respective states.[1] The Elections Clause of the Federal Constitution, Art. I, § 4, cl. 1, provides that the time, place, and manner of…
Risks Make AI Workplace Policies a Requirement
August 29, 2023
Risks Make AI Workplace Policies a Requirement
Artificial intelligence (AI) is fast becoming an integral element in the operation of virtually every business and organization.As with most modern technologies, the use of AI-powered apps and tools comes with its own set of challenges. In the case of AI, the challenges can be…
Time to Revisit Your “Standard” Employment and Separation Agreements
August 25, 2023
Time to Revisit Your “Standard” Employment and Separation Agreements
A recent flurry of activity from the National Labor Relations Board and its General Counsel has many employers rethinking “standard” contract clauses which employers have routinely included in employment or separation agreements. If you routinely place the following types of clauses in agreements with…