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HTMLAnother HIPAA Settlement ($750k) For Lack of Business Associate Agreement
Rick L. Hindmand; McDonald Hopkins LLC;
Legal Alert/Article
May 16, 2016, previously published on April 21, 2016
Yesterday, the U.S. Department of Health and Human Services (HHS) Office for Civil Rights (OCR) announced another HIPAA settlement with a covered entity for failure to enter into a business associate agreement.

 

HTMLMore on the Presidential Hopefuls and Energy Policy
Michael W. Wise; McDonald Hopkins LLC;
Legal Alert/Article
May 16, 2016, previously published on April 7, 2016
The 2016 presidential primaries continue to be compelling viewing. Both the Republican and Democratic process could go all the way to their respective conventions in Cleveland and Philadelphia. However, as I have previously written, there has been an unfortunate lack of solid debate about energy...

 

HTMLIt’s here: DOL Releases Fiduciary Regulations
Dale R. Vlasek; McDonald Hopkins LLC;
Legal Alert/Article
May 16, 2016, previously published on April 12, 2016
After years of effort and opposition from the financial service industry, the Department of Labor (DOL) has issued its final regulation clarifying the definition of who is a fiduciary under the Employee Retirement Income Security Act of 1974 (ERISA).

 

HTMLPartnerships and LLCs Must Rethink the “Tax Matters Partner” Role
Mark D. Klimek; McDonald Hopkins LLC;
Legal Alert/Article
May 16, 2016, previously published on April 22, 2016
The Bipartisan Budget Act of 2015 (the “BBA”), which became law in November, includes significant changes in the way IRS partnership audits will be handled (all references herein to “partnerships “ and “Partners” apply to LLCs and their members). One of the major...

 

HTMLMike Lee Seeks Senate GOP Leadership
McDonald Hopkins LLC;
Legal Alert/Article
May 10, 2016, previously published on April 15, 2016
This week, Tea Party leaning Senator Mike Lee (R-UT), who has made a name for himself bucking leadership in the Senate, announced that he would run for Senate Republican Policy Committee Chairman. This leadership slot is currently being occupied by Senator John Barrasso (R-WY) who has said he is...

 

HTMLTexas: Two Sales Tax Holidays Coming Up
David M. Kall; McDonald Hopkins LLC;
Legal Alert/Article
May 10, 2016, previously published on April 22, 2016
Beginning at 12:01 a.m. on Saturday, April 23, and ending at midnight on Monday, April 25, the Lone Star State is holding its Emergency Preparation Supplies Sales Tax Holiday. During this time, purchases of many emergency preparation supplies are tax free, without a limit on quantity. Retailers...

 

HTMLPuerto Rico Bankruptcy Bill Unveiled
McDonald Hopkins LLC;
Legal Alert/Article
May 10, 2016, previously published on April 15, 2016
On Tuesday, new draft legislation was released by the House Committee on Natural Resources to respond to the Puerto Rico debt crisis. This comes as Puerto Rico’s governor has warned that the island does not currently have enough money to pay for fuel for school buses or police cars among...

 

HTMLFlorida: Gov. Scott Signs Tax Cut Package into Law
David M. Kall; McDonald Hopkins LLC;
Legal Alert/Article
May 10, 2016, previously published on April 22, 2016
On April 13, 2016, Florida’s Gov. Rick Scott signed a tax bill into law, HB 7099, that contained cuts that the Tampa Bay Times characterized as “modest” and “downsized.”

 

HTMLCalifornia: Regulators Seek Feedback for Possible Taxation Of Space Transportation Activities
McDonald Hopkins LLC;
Legal Alert/Article
April 26, 2016, previously published on March 31, 2016
Last March, the California Franchise Tax Board authorized its staff to hold interested party meetings to discuss the regulation of apportionment and allocation of income derived from space transportation activities. This includes the transportation of people or cargo into and from space.

 

HTMLFlorida: Lawmakers Seek Voter Approval for Several Constitutional Amendments
McDonald Hopkins LLC;
Legal Alert/Article
April 19, 2016, previously published on March 24, 2016
Three joint resolutions addressing ad valorem tax exemptions, put forward by three different committees, have made their way through Florida’s legislature and were filed with the secretary of state this month.

 


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