Partnerships and their accountants and financial advisors should check out the following advanced copies of the Partnership tax  final rule and proposed rule released today by the Internal Revenue Service, both of which are scheduled for official punlication in the Federal Register on August 3m 2015:

• The Final Rule on Determination of Distributive Share When Partner’s Interest Changes , scheduled for publication in the Federal Register as document 2015-18816; and
• A Proposed Rule on Allocable Cash Basis and Tiered Partnership Items scheduled for publication in the Federal Register on as document 2015-18817.

For Help or More Information

If you need more information about developments or other management of workforce, compliance or other risk management or operations, concerns please contact the author of this update, Cynthia Marcotte Stamer.

A Fellow in the American College of Employee Benefit Council, immediate past Chair of the American Bar Association (ABA) RPTE Employee Benefits & Other Compensation Group and current Co-Chair of its Welfare Benefit Committee, Vice-Chair of the ABA TIPS Employee Benefits Committee, a council member of the ABA Joint Committee on Employee Benefits, and past Chair of the ABA Health Law Section Managed Care & Insurance Interest Group, Ms. Stamer is recognized, internationally, nationally and locally for her work as a board certified labor and employment attorney widely known for her extensive and creative knowledge and experience helping businesses and government manage people, process and risk.

Ms. Stamer continuously advises and assists employers, bankruptcy trustees, investors, creditors and others to address a wide range of performance management and operational concerns.  She also assists these and other organizations to design, reengineer, administer and defend their business, workforce, employee benefit plan and other operations and practice to deal wtih evolving legal, financial and other operational requirements.  Her work includes more than 25 years of helping these and other clients prevent and solve problems and achieve other business goals and objectives.

A primary drafter of the Bolivian Social Security pension privatization law, Ms. Stamer also works extensively with management, service provider and other clients to shape, monitor and respond to legislative and regulatory developments and to deal with Congressional and state legislators, regulators, and enforcement officials on regulatory, investigatory or enforcement concerns.

Recognized in Who’s Who In American Professionals and both an American Bar Association (ABA) and a State Bar of Texas Fellow, Ms. Stamer serves on the Editorial Advisory Board of Employee Benefits News, the editor and publisher of Solutions Law Press HR & Benefits Update and other Solutions Law Press Publications, and active in a multitude of other employee benefits, human resources and other professional and civic organizations.   She also is a widely published author and highly regarded speaker on these matters. Her insights on these and other matters appear in the Bureau of National Affairs, Spencer Publications, the Wall Street Journal, the Dallas Business Journal, the Houston Business Journal, Modern and many other national and local publications.   You can learn more about Ms. Stamer and her experience, review some of her other training, speaking, publications and other resources, and register to receive future updates about developments on these and other concerns from Ms. Stamer here.

About Solutions Law Press, Inc.™

Solutions Law Press, Inc.™ provides business risk management, legal compliance, management effectiveness and other resources, training and education on human resources, employee benefits, compensation, data security and privacy, health care, insurance, and other key compliance, risk management, internal controls and other key operational concerns. If you find this of interest, you also be interested in exploring other Solutions Law Press, Inc. ™ tools, products, training and other resources here.

Other Helpful Resources & Other Information

If you found these updates of interest, you also be interested in one or more of the following other recent articles published in this electronic Solutions Law publications available for review here including:

• Employers, Plan Administrators Confirm All Form 5500s Timely Filed; Valuable Relief Options Available For Non-Filers
• Health Insurer/Vendor’s Claims & Appeals Deficiencies Could Trigger Significant Employer Excise Tax Liability
• HIPAA Settlement Warns Health Plans, Sponsoring Employers & Business Associates To Manage HIPAA Risks
• Obama Administration Proposal Would Extend FLSA Minimum Wage & Overtime Requirements To 5 Million+ Workers
• Prompt Business Action Needed To Mitigate Post-King Employer Health Benefit Costs & Liabilities
• More Work For Employers, Benefit Plans Following SCOTUS Same-Sex Marriage Ruling
• Businesses Must Confirm & Clean Up Health Plan ACA & Other Compliance Following Supreme Court’s King v. Burwell Decision
• Obama Administration Devoting $1.25 Million To Find Ways To Encourage States To Force Employers To Give Paid Leave
• IRS FAQ Addresses Determination Letter Program As Applied To Multiple Employer Plans
• OSHA Rules Requires New Construction Industry Close Space Safeguards 
• 2016 & 2017 Health Plan Budgets, Workplans Should Anticipate Expected Changes To SBCs
• $1.4M FLSA Back Pay Award Demonstrates Worker Misclassification Risks
• National Infant Immunization Week Great Time To Review Your Family’s Immunizations
• OSHA Citation Of Michigan VA Reminder To Manage Workplace Safety
• Labor Department Targeting Businesses Violating Overtime, Other Wage & Hour Laws
• Wal-Mart Settlement Shows ADA Risks When Considering Employee Return To Work Accommodation Requests & Inquiries
• Employers ACA Health Reforms Prohibit Using HRAs To Pay Individual Medical Policy Premiums & Impact Other HRA Arrangements
• ADA May Require Food Allergy Accommodation By Employers, Schools & Businesses
• Texas Champion Bank Settlement of Charges of Illegal Lending Discrimination Reminder To Business To Tighten Business Practices
• Food Allergies May Be Disabilities Requiring Accommodation Under The ADA
• Drop In Company Stock Value Held By Benefit Plans Puts Plans, Company, Management & Fiduciaries At Risk
• IRS Offers New Simplified Option For Businesses Claiming Home Office Deductions For Home-Based Business Owners & Workers
• Labor Department Targeting Businesses Violating Overtime, Other Wage & Hour Laws
• Company President, Officer Can’t Use Bankruptcy To Avoid Liability For Using Plan Money For Company Operations
• $1.25M NLRB Backpay Order Highlights Risks of Mismanaging Union Risks In Health Care & Others M&A Deals
• ARRA, Other Government Contractors Face Growing Enforcement & Audit Risks
• Disability Exposures Big US Business Risk; New DOD App Helps ID Resources
• Companies, Officers, Directors, Fiduciaries & Vendors Urged To Confirm ERISA Credentials & Bonding For Internal Staff, Plan Fiduciaries, Vendors Dealing With Benefits
• USI Advisors Will Pay $1.27 Million To Settle Charges It Violated ERISA Fee Disclosure Requirements
• Wal-Mart Settlement Shows ADA Risks When Considering Employee Return To Work Accommodation Requests & Inquiries
• Employer Pays $475,000 To Settle ADA Discrimination Lawsuit Challenging Medical Fitness Testing For EMTs, Firefighters & Other Public Safety Worker’s
• Employers & Plan Fiduciaries Reminded To Confirm Credentials & Bonding For Internal Staff, Plan Fiduciaries & Vendors Dealing With Benefits
• EBSA Updates Guidance On Fee Disclosure Requirements For 401(k) Plan Brokerage Window Arrangements
• Federal Mandate That Employer Health Plans Must Cover 100% Of Contraceptive, Other Women’s Health Services With No Cost Sharing Now Effective
• Use NIH & Other Free Government Resources To Help Round Out Wellness Programs

If you or someone else you know would like to receive future updates about developments on these and other concerns, please be sure that we have your current contact information – including your preferred e-mail by creating or updating your profile at here.

For important information about this communication click here. THE FOLLOWING DISCLAIMER IS INCLUDED TO COMPLY WITH AND IN RESPONSE TO U.S. TREASURY DEPARTMENT CIRCULAR 230 REGULATIONS.  ANY STATEMENTS CONTAINED HEREIN ARE NOT INTENDED OR WRITTEN BY THE WRITER TO BE USED, AND NOTHING CONTAINED HEREIN CAN BE USED BY YOU OR ANY OTHER PERSON, FOR THE PURPOSE OF (1) AVOIDING PENALTIES THAT MAY BE IMPOSED UNDER FEDERAL TAX LAW, OR (2) PROMOTING, MARKETING OR RECOMMENDING TO ANOTHER PARTY ANY TAX-RELATED TRANSACTION OR MATTER ADDRESSED HEREIN.

©2015 Cynthia Marcotte Stamer.  Non-Exclusive License To Republish Granted To Solutions Law Press, Inc.  All Other Rights Reserved.