Tax Tips from the Tax Lawyer
A new provision was added to the Internal Revenue Code (Section 162(q)) under the 2017 Tax Cuts and Jobs Act. Section 162 generally provides deductions for ordinary and necessary trade or business expenses. However, the newly-added Section 162(q) provides that confidential sexual harassment and sexual abuse settlements are no longer tax deductible as ordinary and...Read Article
Risky Business: Can Insurance Mitigate All Your Risk?
The part of WC that many businesses do not know about or understand is Employers Liability. Part II of a WC policy is an endorsement called: Employers’ Liability (EL) with a $1 million limit. Basically, EL is intended to protect the employer from legal liability arising out of an employee injury.Read Article