Income Tax Provisions of the American Taxpayer Relief Act of 2012 and Other Recent Legislation

by Wiggin and Dana LLP | Sep 15, 2019

On January 2, 2013, Congress passed the “American Taxpayer Relief Act of 2012” (“the Act”). Aside from the welcome certainty it provided to the federal estate, gift and generation-skipping transfer (“GST”) tax exemptions and rates...

Department of Labor Issues New FMLA Regulations Expanding Leave for Military Families, Clarifying Intermittent Leave

by S Z | Sep 15, 2019

The Department of Labor has issued a final rule, effective March 8, 2013, expanding the protections of the Family and Medical Leave Act of 1993 (“FMLA”) for military family members, and clarifying the regulations on intermittent leave. The Federal FMLA...

Possible Changes May Impact Indian Outsourcing Companies

by S Z | Sep 15, 2019

A proposed new immigration law may significantly change the applicable rules and processes associated with foreign national workers being employed in the U.S. Among other things, the proposed law includes changes to the H-1B temporary worker program and changes to...

A Data Privacy and Security Checklist for Management

by Jasmin Kotadia | Sep 15, 2019

The recently-issued 2013 Verizon Enterprise Data Breach Investigations Report finds that businesses continue to experience serious and often costly data breach incidents. The Report also notes that many of these incidents might be prevented, or their effects...

Window May Be Closing Soon on Significant Estate Planning Opportunities; Federal Estate and Gift Tax Provisions Set to Expire on December 31, 2012

by Wiggin and Dana LLP | Sep 15, 2019

All Time High Transfer Tax Exemptions: The federal estate and gift tax exemption and the generation skipping transfer tax exemption are both at an all time high of $5,120,000. (This is an increase for inflation over the 2011 exemption level of $5,000,000). Low...