Tag Archives: Human Resources

Improving Education To Better Train US Workers To Fill US Jobs

Posted on July 25, 2017 by Cynthia Marcotte Stamer

What can the US do to better train and educate our workforce to have skills to fill US jobs? Continue reading →

Posted in Board of Directors, CEO, CFO, Compliance, education, Employment, Internal Controls, Labor Relations, Risk Management, Uncategorized, Workforce | Tagged Human Resources, Immigration, Recruiting, Workforce | Leave a comment

Take Your Preventive Medicine

Posted on June 22, 2017 by Cynthia Marcotte Stamer

Better planning and management can head off most but not all problems. Sometimes stuff happens even when you do everything right. Either way, better management usually minimizes the damage and makes it easier to clean up the mess. It’s never … Continue reading →

Posted in Bankruptcy, Board of Directors, CEO, CFO, Compliance, Cyber, D&O, Data Security, Director Liability, E&O, Employee Benefits, Employment, ESOP, Fiduciary Responsibility, Fraud, Health Plans, Internal Controls, Labor Relations, Leadership, M&A, Officers, Officers Liability, Performance Management, Privacy, Reductions In Force, Reengineering, Retirement Plans, Risk Management, Shareholder Liability, Stock Plans, Tax, Teaming, Turnaround Management, Workforce Management | Tagged Bankruptcy, CFO, Compliance, directors liability, Employer, employment, ERISA, facebook, Federal Sentencing Guidelines, Fiduciary Liability, Fiduciary Responsibility, health plans, Human Resources, inspiration, Internal Controls, labor law, Leadership, officers liability, quotes, Risk Management, risk managmenet, Sarbanes-Oxley, social media, Sox | Leave a comment

IRS Guidance On Section 1446 Withholding Tax On Foreign Individual Partners Released

Posted on November 18, 2014 by Cynthia Marcotte Stamer

The Internal Revenue Service is publish a clarifying correction to fix potentially misleading information in its final regulations for reporting and withholding of foreign income by foreign financial institutions for 2014. As corrected, the correction with provide, “With respect to … Continue reading →

Posted in CEO, Director Liabiloity, Employee Benefits, Employment, Fiduciary Responsibility, Health Plans, Tax | Tagged CFO, Compliance, fianance, Fiduciary Liability, Fiduciary Responsibility, health care reform, health insurance, health plans, Human Resources, Officers & Directors, risk managmenet | Leave a comment

J.P. Morgan Chase Hit For $461M For Madoff-Related Bank Secrecy Act Violations

Posted on January 8, 2014 by Cynthia Marcotte Stamer

The Financial Crimes Enforcement Network (FinCEN) today fined J.P. Morgan Chase Bank, N.A. $461 million for willfully violating the Bank Secrecy Act (BSA) by failing to report suspicious transactions arising out of Bernard L. Madoff’s decades-long, multi-billion dollar fraudulent investment … Continue reading →

Posted in CEO, Director Liabiloity, Employee Benefits, Employment, Fiduciary Responsibility, Health Plans, Tax | Tagged 501(c)(3), bank secrecy act, CFO, Compliance, corporate tax, FATCA, fianance, Fiduciary Liability, Fiduciary Responsibility, financial crimes, FinCEN, fraud, health care reform, health insurance, health plans, Human Resources, International, investment fraud, money laundering, Officers & Directors, patriot act, risk managmenet, Tax Exemption | 1 Comment

IRS Shares Procedures To Seek Tax-Exemption Reinstatement For Non-Filers

Posted on January 3, 2014 by Cynthia Marcotte Stamer

Tax-exempt organizations that fail to file required returns on a timely basis risk losing their tax exemption under Section 6033(j) of the Internal Revenue Code (Code). Revenue Procedure 2014-11 provides potential opportunities for reinstatement through timely and appropriate action. It … Continue reading →

Posted in CEO, Director Liabiloity, Employee Benefits, Employment, Fiduciary Responsibility, Health Plans, Tax | Tagged 501(c)(3), CFO, Compliance, corporate tax, FATCA, fianance, Fiduciary Liability, Fiduciary Responsibility, health care reform, health insurance, health plans, Human Resources, International, Officers & Directors, risk managmenet, Tax Exemption | Leave a comment

IRS Reminds Financial Institutions About Foreign Account Reporting Requirements

Posted on December 14, 2013 by Cynthia Marcotte Stamer

Financial institutions creating accounts and entering registration information on the Internal Revenue Service (IRS) FATCA registration website about certain steps that they will need to take on or after January 1, 2014 — as originally announced in IRS Notice 2013-43. Announcement 2014-1 reminds financial institutions to act to meet the requirements and also provides general information concerning anticipated publication dates of final qualified intermediary (QI), withholding foreign partnership (WP), and withholding foreign trust agreements (WT). Continue reading →

Posted in CEO, Director Liabiloity, Employee Benefits, Employment, Fiduciary Responsibility, Health Plans, Tax | Tagged CFO, Compliance, corporate tax, FATCA, fianance, Fiduciary Liability, Fiduciary Responsibility, health care reform, health insurance, health plans, Human Resources, International, Officers & Directors, risk managmenet | Leave a comment

Health Care Reform Adds New Cost Implications To Already Hot Worker Misclassification Risks

Posted on March 11, 2013 by Cynthia Marcotte Stamer

Businesses using non-employee workers should heed the recently announced expansion of the Internal Revenue Service (IRS) Voluntary Classification VCS Program (VCS Program) as yet another warning to clean up their worker classification practices and defenses for all workers performing services … Continue reading →

13 Tips To Help Business Cope With Health Care Reform Now!

Posted on March 6, 2013 by Cynthia Marcotte Stamer

Since the Supreme Court’s June 28, 2012 National Federation of Independent Business v. Sebelius health care reform ruling upholding the “pay or play” mandates of the Patient Protection & Affordable Care Act (ACA), most business leaders, plan fiduciaries, health insurers, administrators of employment-based … Continue reading →

12/31 Hiring Deadline To Claim Work Opportunity Tax Credit For Hiring Vets

Posted on November 24, 2012 by Cynthia Marcotte Stamer

U.S. businesses planning to hire for positions that veterans qualify for might want to make their hiring decision by December 31, 2012 to take advantage of a possible opportunity to receive a Work Opportunity Tax Credit. Employers planning to claim an … Continue reading →

Posted in Bankruptcy, CEO, Director Liabiloity, Employee Benefits, Employment, Fiduciary Responsibility, Internal Controls, Labor Relations, M&A, Officers, Reductions In Force, Reengineering, Tax, Turnaround Management | Tagged Bankruptcy, change management, Corporate Taxes, Employer, employment, ERISA, Hiring, Human Resources, Labor-Management, management, mergers, Officer liability, reduction in force, reductions in force, Reengineering, RIF, shut down, Tax Credit, turn around, turn around management, unfair labor practices, union | Leave a comment

RIFS & Other Workforce Changes Require Careful Legal & Operational Management

Posted on October 7, 2012 by Cynthia Marcotte Stamer

Hotel Bel-Air Gets Labor Gocha When Offering Severance A National Labor Relations Board (NLRB) decision that nails Hotel Bel-Air (Hotel) for offering severance packages to unionized workers highlights one of a range of potentially costly missteps that businesses conducting reductions … Continue reading →

Posted in Bankruptcy, CEO, Director Liabiloity, Employee Benefits, Employment, Fiduciary Responsibility, Internal Controls, Labor Relations, M&A, Officers, Reductions In Force, Reengineering, Tax, Turnaround Management | Tagged Bankruptcy, change management, ERISA, Human Resources, Labor-Management, management, mergers, Officer liability, reduction in force, reductions in force, Reengineering, RIF, shut down, turn around, turn around management, unfair labor practices, union | Leave a comment

Obama Administration Continues War On Management Despite NLRB’s Tempoary Setback In Suit Against Arizona Secret Ballot Law

Posted on September 8, 2012 by Cynthia Marcotte Stamer

Businesses concerned about Obama Administration-backed efforts to promote its pro-labor agenda must stay diligent. Although a U.S. District Court judge in Arizona this week rejected a bid by the National Labor Relations Board (NLRB) to have an Arizona state constitutional amendment requiring secret balloting in union organizing campaigns invalidated as preëmpted by the National Labor Relations Act (NLRB) on its face, the Court left the door open for a potentially successful challenge to the Arizona secret ballot amendment in the future depending on how Arizona applies the law. Furthermore, considered in the context of the Obama Administration’s broader pro-union regulatory and enforcement agenda, the NLRB’s challenge to the Arizona and other state secret ballot laws reminds businesses that their operation face a minefield of mounting labor-management relations risks. In light of these expanding exposures, business leaders should update their policies and practices to mitigate the rising risks while keeping a close eye on the Obama Administration’s ongoing effort to expand the power of organized labor by challenging secret ballot mandates in Arizona and other states and the plethora of other pro-union regulatory and enforcement efforts.

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Posted in Bankruptcy, CEO, Director Liabiloity, Employment, Internal Controls, M&A, Reengineering, Uncategorized | Tagged Compliance, Employer, Human Resources, Labor-Management, NLRA, NLRB, Reengineering, Risk Managment, union | 1 Comment

12 Steps Every Business With Employee Health Plan Should Do Now To Manage Risks & Liabilities

Posted on August 2, 2012 by Cynthia Marcotte Stamer

While most employer and union health plan sponsors, fiduciaries and administrators are bracing to cope with “pay or play” and other mandates of the Affordable Care Act in 2014, many employer and other health plan sponsors are failing to take steps necessary now to manage already accruing exposures and costs arising from mandates applicable to their health plans under the Affordable Care Act and other federal regulations and to prepare to meet upcoming responsibilities.
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