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HTMLIRS Announces Further Restriction on One-IRA-Rollover-Per-Year Rule
Jim Rourke; Nexsen Pruet, LLC;
Legal Alert/Article
April 14, 2014, previously published on March 31, 2014
The Internal Revenue Service has announced that beginning as early as January 1, 2015, taxpayers will be limited to one IRA rollover in any 12-month period, regardless of the number of IRAs owned. (See Announcement 2014-15).

 

HTMLReleases of Liability: Do's and Don't's for Employers
Jennifer Routh; Nexsen Pruet LLC;
Legal Alert/Article
April 8, 2014, previously published on April 4, 2014
Employers often use waivers and releases of claims in agreements with former employees, either as part of a separation agreement at the time employment ends or in a settlement agreement after a former employee has raised claims against the employer. Both of these types of agreements have garnered...

 

HTMLLong Term Express Warranties
Jonathan Massell; Nexsen Pruet LLC;
Legal Alert/Article
April 8, 2014, previously published on April 1, 2014
A recent holding by the North Carolina Court of Appeals is threatening to render many long-term express warranties ineffective. In a divided opinion in Christie v. Hartley Construction, Inc., the court held that the six-year North Carolina statue of repose for improvements to real property trumps...

 

HTMLNew Executive Compensation Regulations Clarify Timing of Taxation
Suzanne Guitar Odom; Nexsen Pruet, LLC;
Legal Alert/Article
April 8, 2014, previously published on April 7, 2014
The Internal Revenue Service recently published final regulations under Section 83 of the tax code.

 

HTMLShould Employers "Get Physical"?
Nexsen Pruet LLC;
Legal Alert/Article
March 18, 2014, previously published on March 10, 2014
Many employers require that applicants pass a pre-employment medical exam to ensure they are physically capable of doing the job. Employers should be aware that pre-employment medical exams, while not categorically barred, could violate several federal statutes and draw unwanted attention from the...

 

HTMLA Guide for Physicians and Physician Assistants
Scott E. Hultstrand; Nexsen Pruet LLC;
Legal Alert/Article
March 18, 2014, previously published on March 10, 2014
As physicians search for new revenue streams in response to declining reimbursement and additional administrative complexity, a new law passed in 2013 should provide added flexibility and time to expand practices through the use of physician assistants. The health care markets continue to realign...

 

HTMLFourth Circuit’s Decision in Cargo Loss Case Should Be Wake-Up Call for Motor Carriers as to Limitation of Liability
Jim Bryan; Nexsen Pruet, LLC;
Legal Alert/Article
March 11, 2014, previously published on February 27, 2014
Motor carriers attempting to limit their liability for shipments of cargo should take note of a recent Fourth Circuit decision, ABB Inc.v. CSX Transportation, Inc., 721 F.3d 135 (4th Cir. 2013), that found in favor of a shipper because of an incomplete bill of lading. Motor carriers and shippers...

 

HTMLTax Implications for Same-Sex Married Couples Residing in The Carolinas
Tess Stakias, Paul G. Topolka; Nexsen Pruet, LLC;
Legal Alert/Article
February 25, 2014, previously published on February 24, 2014
As the April 15th filing deadline approaches, there are important changes to note. When the U.S. Supreme Court struck down the Defense of Marriage Act (DOMA) on June 26, 2013, a number of important tax issues were raised and potential refund opportunities were created for same-sex married couples...

 

HTMLThe Physician Payment Sunshine Act - The Top Five Steps for Physicians
Scott E. Hultstrand; Nexsen Pruet LLC;
Legal Alert/Article
February 25, 2014, previously published on February 21, 2014
The Physician Payment Sunshine Act is a minor part of the Affordable Care Act, but it could result in major headaches for physicians. The chief purpose of the Sunshine Act is to make any payments made by medical manufacturers to physicians publicly available.

 

HTMLEEOC Lawsuit Challenges Commonly Used Language In Severance Agreements
David Dubberly; Nexsen Pruet, LLC;
Legal Alert/Article
February 24, 2014, previously published on February 19, 2014
On February 7, 2014, the Equal Employment Opportunity Commission (EEOC or Commission) sued CVS Pharmacy Inc. in federal court in Chicago to invalidate the company’s standard severance agreement. The lawsuit raises concerns because it attacks language that employers commonly use in severance...

 


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