Publication
In California, missed break premiums must be paid at overtime rates
California ruled that employers must pay employees for missed meal, rest, and recovery breaks at the employee’s “regular rate of pay."
Deduction disallowance for fines and penalties and the corresponding reporting requirements
Bloomberg Tax
Last week, the Internal Revenue Service released the long-awaited final regulations governing the deductibility of fines and similar penalties paid to governmental entities (and certain nongovernmental regulatory entities) under tax code Section 162(f). The regulations also address the corresponding information reporting requirements imposed on governmental entities pursuant to Section 6050X.
Recent publications
Subscribe and stay up to date with the latest legal news, information and events...