John Clough Recognized with 2024 Superb Attorney Rating

Congratulations to PSE attorney John Clough for being recognized with a Superb Attorney Rating 2024 by the Legal Community. A Superb rating means the lawyer has received the highest rating from peers and the public. John has over 20 years of experience in estate planning, estate and trust administration, business success planning, and taxation. “What…

Recent Ruling Concerning Realtor Fees

A recent federal case was decided last year that would significantly impact the home-buying process in America. These changes start around mid-July. In October 2023, an eight-person federal jury in Missouri found that the National Association of Realtors (NAR) and other national real estate brokerages were involved in a conspiracy to increase real estate agent…

U.S. Department of Labor Issues Final Regulations Significantly Raises Minimum Salary for Salaried Workers

On April 23, 2024, the U.S. Department of Labor announced a Final Rule that updates and revises the regulations issued under section 13(a)(1) of the Fair Labor Standards Act, implementing exemptions from minimum wage and overtime pay requirements for salaried employees.  We reported on this subject in September 2023 when proposed regulations were issued. As…

Employer Update: Discriminatory Hiring Practice

The Equal Employment Opportunity Commission (“EEOC”) recently filed a lawsuit against a large employer based on the employer’s practice of checking potential new hires’ criminal history before making the individual an offer of employment. The EEOC alleged that the employer’s practices had a “disparate impact” upon racial minorities. According to the lawsuit, the employer has…

Corporate Transparency Act Update

The Corporate Transparency Act (“CTA”) took effect on January 1, 2024. Under this federal law, entities registered to do business in the United States are required to file Beneficial Ownership Information (“BOI”) Reports with FinCEN, a part of the Treasury Department. These BOI Reports identify each individual who owns more than twenty-five percent of the…