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IRS Issues Guidance on Prior Year Parking Tax Refunds or Credits for Tax-Exempt Organizations

On January 21, 2020, the Internal Revenue Service (IRS) released guidance for tax-exempt organizations on how they may obtain a refund or credit for prior year unrelated business income tax (UBIT) incurred for qualified transportation fringe...By: Perkins Coie
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Perkins Coie | Feb 14,2020 |

Community Health Systems Affiliate Found Subject to Personal Jurisdiction in Massachusetts

In Steward Health Care System v. CHSPSC, Judge Sanders found that CHSPSC, an affiliate of Community Health Systems (CHS), is subject to personal jurisdiction in Massachusetts for claims made under transition-services agreement (TSAs) signed along...By: Nutter McClennen & Fish LLP
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Nutter McClennen & Fish LLP | Feb 13,2020 |

Estate Planning Implications of the SECURE Act

On December 20, 2019, President Trump signed into law the Setting Every Community Up for Retirement Enhancement Act (SECURE Act). The SECURE Act substantially changes the law applicable to IRAs and other retirement vehicles....By: Pepper Hamilton LLP
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Pepper Hamilton LLP | Feb 13,2020 |

Alternative Technical Concepts & Creativity in Public Procurement

Alternative Technical Concepts (ATCs) are an important tool that government agencies use, and private entities can take advantage of, to optimize the efficiency and creativity of the solutions available for any given project....By: Bilzin Sumberg
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Bilzin Sumberg | Feb 13,2020 |

Client Alert: ICE Ramping Up Efforts to Police the STEM OPT Program

At an increasing rate, employers who hire STEM OPT students are being audited by U.S. Immigration and Customs Enforcement (ICE). Such audits are being conducted to verify that students are being employed in a manner that is consistent with the...By: Klasko Immigration Law Partners, LLP
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I Want to Know, Have You Ever Seen…your plan documents?

Owners and employees of smaller organizations often find themselves stretched in many directions. With all of the demands on one’s time associated with operating a business, it is not uncommon to see attention to the organization’s medical and other...By: Holland & Hart - The Benefits Dial
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Attention U.S. Employers: New Form I-9 Available, Must Be Used After April 30

On January 31, 2020, U.S. Citizenship and Immigration Services (USCIS) published a new version of Form I-9, Employment Eligibility Verification, which has a 10/21/2019 version date (located in the lower left corner of the form). Employers may begin...By: Miller Canfield
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Miller Canfield | Feb 13,2020 |

BMWi plans further tightening of investment control in M&A transactions of foreign investors

On January 31, 2020, the Federal Ministry for Economic Affairs and Energy (BMWi) presented a draft law amending the Foreign Trade and Payments Act (AWG-E) and forwarded it to selected trade associations for their comments. With this amendment, the...By: White & Case LLP
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White & Case LLP | Feb 13,2020 |

FTC uses “study authority” to review past non-HSR acquisitions

On 11 February 2020 Federal Trade Commission (FTC) announced that it has issued Special Orders to five large technology firms requiring them to “provide information about prior acquisitions not reported to the antitrust agencies under the...By: Hogan Lovells
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Hogan Lovells | Feb 13,2020 |

Significant Developments Affecting VEBAs – Final IRS Rules Clarify Unrelated Business Taxable Income (“UBTI”) Issues But Renew Uncertainty on Reallocating VEBA Assets

In December, the IRS/Treasury (“IRS”) published final rules addressing how employers that fund health and welfare benefits through a VEBA (i.e., a voluntary employees’ beneficiary association described in Section 501(c)(9) of the Internal Revenue...By: Groom Law Group, Chartered
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Groom Law Group, Chartered | Feb 13,2020 |
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