This afternoon, the Internal Revenue Service issued long-awaited regulations for Investing in Opportunity Funds under Section 1400-Z of the Internal Revenue Code.
In addition, the Internal Revenue Service issued a Revenue Ruling providing guidance for taxpayers participating in ...
The Department of Veterans Affairs (VA) has finalized new rules that make it more difficult to qualify for long-term care benefits. The rules establish an asset limit, a look-back period, and asset transfer penalties for claimants applying for VA pension benefits that require a showing of ...
On October 29, 2018, the New Jersey Paid Sick Leave Law will go into effect. As detailed in our prior Employment Law Alert, the law is the most onerous paid sick law in the country. It imposes many additional and challenging obligations upon virtually all New Jersey employers, and includes ...
The United States Environmental Protection Agency (EPA) has finalized an initial set of revisions governing coal ash disposal for utilities and power plant operators. Utilities and power plants will now be allowed to have more time to close coal ash ponds and landfills, and delay the ...
On May 7, 2018, New Jersey Attorney General Gurbir Grewal announced the formation of a new civil enforcement unit focused on enforcing laws that protect the data privacy and cybersecurity of New Jersey residents. The Data Privacy & Cybersecurity (DPC) Unit has the authority to enforce laws ...
Medicare is extending its offer of relief from penalties for certain Medicare beneficiaries who enrolled in Medicare Part A and had coverage through the individual marketplace. Beneficiaries who qualify will be able to enroll in Medicare Part B without paying a penalty for late enrollment ...
Although a nursing home cannot require a child to be personally liable for their parent's nursing home bill, there are circumstances in which children can end up having to pay. This is a major reason why it is important to read any admission agreements carefully before signing.
Federal ...
Trustees of special needs trusts are increasingly relying on “administrator-managed prepaid debit cards,” such as True Link cards, when disbursing funds to beneficiaries. These cards offer trust beneficiaries greater independence and the ability to get what they need more quickly ...
In an effort to address significant stormwater flooding and pollution in the state, on June 21, 2018 the New Jersey Senate passed bill S-1073, which will allow for broad local regulation of stormwater runoff, including creation of stormwater utilities and necessary infrastructure. The ...