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Prepare for a Management & Occupancy Review (MOR)

Over the past eight years and now into the era of the new Republican White House, scrutiny on affordable housing developers, owners and management companies has increased. Whether the reasons are to root out abuses of Section 8 funding or to justify cutting the US Housing and Urban Development budget, politics have put pressure on … Continue reading Prepare for a Management & Occupancy Review (MOR)

Prepare: E-Verify May Soon Become Mandatory

With so much focus in Washington on stemming illegal immigration and the erosion of job opportunities for U.S. citizens, chances appear better than ever that the E-Verify system will become mandatory. President Trump’s 2018 budget proposal includes funds to upgrade the system so that it can handle greater capacity, that is, if Congress authorizes requiring … Continue reading Prepare: E-Verify May Soon Become Mandatory

Underperforming Employees May Be Salvageable

7It’s easy to spot underperformance, but correcting it is a different matter. The fact is, effectively managing your workforce, especially problem employees, just doesn’t come naturally to most people. Here’s some guidance to potentially help turn around an employee who is missing the performance mark. Tackling the Problem When an employee is underperforming, begin the … Continue reading Underperforming Employees May Be Salvageable

House Proposes Swapping Comp Time for Some Overtime

The fate of overtime rules continues to remain uncertain. The “final rule” that was slated to go into effect on December 1, 2016, was put on hold indefinitely after a district judge in Texas blocked its implementation (for details of the rule, see box below). The judge found it likely that the Obama administration overstepped … Continue reading House Proposes Swapping Comp Time for Some Overtime

Are You Ready for MOR? Affordable Housing Audit Tips to Meet HUD Standards

Over the past eight years and now into the era of the new Republican White House, scrutiny on affordable housing developers, owners and management companies has increased. Whether the reasons are to root out abuses of Section 8 funding or to justify cutting the US Housing and Urban Development budget, politics have put pressure on … Continue reading Are You Ready for MOR? Affordable Housing Audit Tips to Meet HUD Standards

Can You Monitor Your Employees Communications?

Employers have many reasons to monitor employee communications from time to time, including staying out of legal trouble. For example, if any kind of illegal discrimination or employee harassment is going on, and you allow it to continue by ignoring possible evidence of its occurrence, you could lose a lawsuit. Or if employees are defaming … Continue reading Can You Monitor Your Employees Communications?

OSHA Updates and Revises its Outreach Training

The Occupational Safety and Health Administration (OSHA) has updated its Outreach Training Program, including the courses for the construction industry. Meanwhile, the Government Accountability Office (GAO) has given the courses a thumbs-up in a study, saying they’re well-designed and operating efficiently. The GAO compared OSHA’s design and evaluation efforts for its training program with leading … Continue reading OSHA Updates and Revises its Outreach Training

IRS Spells Out Rules for Enhanced Research Credit

The research credit is back and maybe better than ever. This business credit, which had expired and been reinstated numerous times since its inception in 1981, was permanently preserved by the Protecting Americans from Tax Hikes (PATH) Act of 2015. What’s more, the PATH Act version of the credit contains a couple of key enhancements, … Continue reading IRS Spells Out Rules for Enhanced Research Credit

Reclassifying Business Expenses as Constructive Dividends

To be deductible, a business expense must be both ordinary and necessary. An ordinary expense is one that is common and accepted in your field of business. A necessary expense is one that’s helpful and appropriate for your business. No Deduction for Dividends Beyond Personal Expenses Constructive dividends can come in many shapes and sizes. … Continue reading Reclassifying Business Expenses as Constructive Dividends

Are Contingent Attorneys’ Fees Tax Deductible?

If you agree to a contingent-fee arrangement with your attorney, you may wonder whether the expense is deductible for federal income tax purposes. Unfortunately, the guidance on this controversial issue isn’t favorable to taxpayers in most situations. Beyond Taxable Recoveries to Individuals The main article focuses on contingent fees related to taxable judgments or settlements … Continue reading Are Contingent Attorneys’ Fees Tax Deductible?