NEWS

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MS&K Alerts and Legal Updates

  • MAP-21 – The Next New Trap? May 2013
  • For years, companies and service providers have arranged transportation and not given a second thought to the relevant regulatory scheme for property brokers. While the obligation to qualify as a property broker has been on the books since at least 1988, in the absence of enforcement, many parties provide the service of arranging transportation for compensation, but are not property brokers. That is all about to change when the MAP-21 regulations become effective on October 1, 2013.
  • IRS Issues Final Report on Colleges and Universities Compliance Project April 2013
  • The Internal Revenue Service launched its Colleges and Universities Compliance Project (CUCP) in 2008 when it distributed detailed questionnaires to 400 colleges and universities, requiring comprehensive reporting by those institutions on financial results of business activities such as alumni travel programs and facilities rentals not directly related to higher education. The questionnaires also required extensive information on compensation paid to administrators and faculty.
  • No Peace With A Piece Rate Unless Every Hour Is Paid April 2013
  • Piece-rate compensation pays employees on a task-completed basis rather than a fixed hourly rate in order to provide an economic incentive for focused and efficient work. Piece-rate systems accordingly often result in greater employee productivity. Now a recent California Court of Appeal decision has upset traditional piece-rate compensation at some employers.

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