29 September 2015

Annual Notice Requirements for Employer Group Health Plans for 2016

With all of the new regulations affecting group health plans, it is easy to forget some of the annual participant notice requirements that also apply. Because compliance with these requirements is still important, here is a summary of these annual participant notices: Women’s Health and Cancer Rights Act (“WHCRA”) Each year participants must receive a […]

18 September 2015

Proposed Regulations Anticipated on Further Limiting Valuation Discounts

Introduction: Planning With Valuation Discounts An important component of effective estate and tax planning for clients is properly utilizing valuation discounts when transferring closely held business interests to family members.  When such interests are transferred, the two most common discounts applied to reduce the value of the interest for transfer tax purposes are (i) lack […]

09 September 2015

Can I Deduct the Fees that I Paid My Divorce Lawyer on my Tax Return?

In some cases, some portions of a party’s attorney’s fees may be tax deductible. Fees are deductible only to the extent they exceed 2% of the taxpayer’s adjusted gross income. This can be a fairly large standard so tax consultation with a tax expert is appropriate. Attorney’s fees (and some other litigation costs) are deductible […]

25 August 2015

OSHA Issues New Workplace Violence Guidelines for the Health Care Industry

It came as no surprise that hospitals, nursing and residential care facilities were included when the Michigan Occupational Safety and Health Administration (MIOSHA) released its list of “high hazard” targeted industries in its most recent strategic plan  After all, the health care industry has one of the highest rates of work related injuries and illnesses.  […]

25 August 2015

The 60 Day Rule: The Clock is Ticking

In an opinion sure to alarm health care providers across the country, the United States District Court for the Southern District of New York held that an overpayment is “identified” and the Affordable Care Act’s 60 day clock begins ticking “when a provider is put on notice of a potential overpayment.” In so doing, the […]

19 August 2015

Considering Tax Issues in Your Divorce

In all divorce cases in which money or property is an issue, there are also tax considerations. It is always important to specify what the intended tax consequences will be between the parties to avoid future headaches with the IRS. One of the key questions clients raise is what expenses or payments paid by me […]

06 August 2015

Did You Know? Name Change.

Michigan statute is very clear that when the decree of divorce is granted the woman (not the man) can request that her previous name be restored to her, restore her surname or in addition allow her to adopt another surname if it is not being sought with any intent to defraud. A woman in a […]

30 July 2015

New Laws Provide Relief for Employers Complying With Wage Garnishments

Employers attempting to navigate Michigan’s wage garnishment laws quickly learn that legal compliance can be complex and risky. Indeed, if an employer does not timely answer or fully comply with a garnishment, it may be subject to a judgment against it for the full amount of the employee’s debt. This is a high price to […]