If you have rental income that you report on your personal tax return, be sure to review these new guidelines with your tax advisor to see if you qualify for deductions against that income.Read More
The Paley Rothman Blog
Paley Rothman shares this library of resources with clients and friends of the firm to help them stay ahead of legal and business developments and trends. Here, you will find helpful tips and tools written by our employees.
The Department of Labor has issued new final rules which will, among other things, increase the salary requirements for the white collar and highly compensated exemptions to the federal overtime rules effective January 1, 2020.Read More
These small business owners and employees took saving for their retirement seriously and now stand to have their beneficiaries face disastrous income tax treatment by changing the rules in the last 5 minutes of the game.Read More
The U.S. Department of Labor recently issued an Opinion Letter clarifying that an employee who has a child with a serious medical condition is entitled to take leave under the Family and Medical Leave Act so that the parent can attend a school meeting to discuss that child’s Individualized Education Program.Read More