January 2014

Sweeping Changes to New York Laws Affect Hinckley Allen’s Nonprofit Clients in All States

New York has enacted sweeping reforms of nonprofit corporate law, which could apply to nonprofit corporations ("nonprofits") organized, and operating, throughout the U.S. The New York Non-Profit Revitalization Act of 2013 ("NPRA"), signed into law by Gov. …

Do You Have a Web Site? If Yes, Be Sure You Are in Compliance with California’s New Privacy Disclosure Requirements

A new California law took effect on January 1, 2014 that affects privacy policies and mobile application policies related to any web site or services accessible by consumers who are California residents. The new law is AB370, an amendment to the California…

December 2013

New Hampshire Moving Closer to Expanding Legalized Gaming

New Hampshire’s on-again-off-again relationship with the expansion of gaming may be back on again, as there are growing indications that differences between proponents and opponents could be bridged. New Hampshire, a notoriously tax-averse state (having …

2013 Year-End Compliance Update – Are You Ready?

With the exception of the Internal Revenue Code (the “Code”) Section 436 amendment described below, there are no mandatory amendments that a qualified retirement plan must adopt prior to year-end. However, year-end always brings with it housekeeping it…

October 2013

Section 1202: Opportunity for Tax Savings upon the Sale of Small Business Stock

Small business owners often shun C Corporation status because of its various tax drawbacks, perhaps most significantly, the dreaded double tax.  However, in recent years, Congress has enacted tax provisions designed to incentivize new investment in small …

SEC Approves Permanent Registration Rules for Municipal Advisors

On September 18, 2013, the Securities and Exchange Commission (“SEC”) voted unanimously to adopt rules under Section 975 of the Dodd-Frank Act (“Dodd-Frank Act”) that require the permanent registration of municipal advisors.  The rules clarify the…