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Business & Industry Insights

DOL Proposes New Increase to Salary Threshold for Overtime Eligibility

March 20, 2019
The increased overtime salary threshold is back. On March 7, 2019, the U.S. Department of Labor (DOL) published a Notice of Proposed Rulemaking to raise the salary thresholds of the “white collar” overtime exemption rules. This is the second time in recent years that the DOL has attempted to increase these thresholds, and this latest effort is sure to be a hot topic in the coming months.
Business & Industry Insights

New UAE Anti-Money Laundering Law Continues the Fight Against Dirty Money

March 19, 2019
The UAE has always played an active role in the prevention of illicit financing, but its latest efforts now need the support of engaged organizations to ensure regulatory compliance and the building of requisite internal capacity. If this happens, the rewards could be significant.
Business & Industry Insights

Proposed Guidance on FDII and GILTI Deduction

March 13, 2019
On Monday, March 4th, the U.S. Treasury and IRS released proposed regulations under IRC section 250, a new section of the Code added by the Tax Cuts and Jobs Act of 2017 (TCJA). We intend to issue thought leadership for our clients, through this Tax Advisor Weekly, on these regulations as we make our way through reporting season.
Business & Industry Insights

Web Intelligence: The Cleaner Alternative to Dumpster Diving

March 11, 2019
I looked down at the long strips of soiled paper on my desk, the pot of glue and the stapler, and I had two thoughts: My nine year old could do this far better and, is this why I went to law school?