As predicted, the Patient Protection and Affordable Care Act ("ACA") has been at the forefront for the first few weeks of the 114th Congress. On Jan. 6, 2015, the House unanimously passed the Hire More Heroes Act, which exempts veterans from classification as eligible...
PLDO Law Blog
Firm News
Possible SEC Changes Could Affect Pool of “Accredited Investors” for Businesses
The SEC is considering adopting changes to its definition of "accredited investors" that may reduce the pool of accredited investors. While this reduction in the number of accredited investors would not preclude private companies and investment funds from relying upon...
Historic Announcement: HHS Sets Clear Goals and Timeline for Shifting Medicare Reimbursements from Volume to Value
For the first time in the history of the Medicare program, the Department of Health and Human Services ("HHS") has set explicit goals for increasing alternative payment models and value-based payments. The historic change was announced by HHS Secretary Sylvia M....
Doctors Face Fraud and Negligence Suit in Massachusetts for Administering Contaminated Drugs
The participants in the New England Compounding Center ("NECC") pharmacy fraud matter were indicted recently, but they are not the only ones facing legal battles. Lawsuits alleging death and injury caused by contaminated drugs compounded by NECC were filed against not...
Five 2018 Year-End Tax Planning Opportunities for Businesses
As the year concludes, the focus for many business owners turns to tax planning given the numerous changes in the tax law under the Tax Cuts and Jobs Act of 2017 (TCJA). Here are five year-end tax planning considerations for business owners: 1. The allowable deduction...
Time to Think About that Family Business Succession Plan
The most recent PricewaterhouseCoopers U.S. Family Business Survey (2017) concludes that succession planning is a “perennial problem” for family businesses. Nearly one-third of family businesses have no succession plan at all, and just 23% have a formal documented...
Rhode Island’s Industrial Hemp Program Commences This Month
Rhode Island has set its date to officially enter our nation’s burgeoning and highly profitable industrial hemp marketplace. On October 9, 2018, the Rhode Island Department of Business Regulation (DBR) will begin accepting license applications from aspiring growers...
Why Wealth Migration to Florida is Expected to Continue
Wealthy individuals have been flocking to Florida for years. According to the website howmoneywalks.com, from 1992 to 2016, the IRS Division of Statistics, U.S. Census Bureau reported Florida gained $27 billion in taxable income from New York, $18 billion from New...
New Massachusetts Law Limiting Employee Non-Compete Agreements
After numerous failed attempts, the Massachusetts legislature has finally passed a new law limiting noncompete agreements between a company and its employees and independent contractors. The legislation was signed into law by Massachusetts Governor Charlie Banker on...
