FLSA and Corporate Transparency Act

By |2024-12-03T23:16:08+00:00December 3rd, 2024|501(c)(3), Compliance, Employment|

CHANGES TO FAIR LABOR STANDARDS ACT (FLSA)An update to our Announcement on June 5th, 2024Exempt Worker Salary Thresholds:In June, we announced updates to the Department of Labor’s (DOL) new rule increasing the minimum salary requirements for exempt employees under the FLSA. These changes aimed to extend overtime protections to more lower-paid salaried workers.White-Collar Exemption (such as administrators, managers, and teachers):July 1, 2024: Minimum salary increased to $844 per week ($43,888 annually).January 1, 2025: Minimum salary was set to increase to $1,128 per week ($58,656 annually).Highly Compensated Employee Exemption:July 1, 2024: Minimum salary increased to $132,964 per year, including [...]

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Election 2024: 501(c)(3)s Can Help!

By |2024-10-18T03:00:37+00:00October 17th, 2024|501(c)(3), Employment, Voting|

With Election Day approaching on November 5th, here are some ways 501c3 organizations can assist in ensuring a robust, fair election -- without engaging in political activity or lobbying. Through educational and charitable work, like helping people vote, 501c3s can play a vital role in making sure everyone has a voice in our democracy. 501c3s can educate and facilitate voter registration Ask your program participants if they’re registered to vote and provide information about how to register on Election Day (online voter registration ended October 17th) They can check here to see if they are registered at their current [...]

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Employment Law Updates

By |2024-11-21T16:14:51+00:00June 5th, 2024|501(c)(3), Compliance, Employment, Nonprofit|

EMPLOYMENT LAW UPDATES New Minimum Salaries for Exempt EmployeesUnder the Fair Labor Standards Act (SLFA), employees with sufficiently high salaries are categorized as “exempt,” meaning they are not entitled to overtime pay. On April 23, the US Department of Labor (DOL) finalized a rule that will increase the minimum salary required to categorize an employee as exempt. Currently, employees who fall under the white-collar exemption (such as administrators, managers, and teachers) must earn a salary of at least $684 per week or $35,568 annually to be considered exempt under the FLSA. Under DOL’s new rule, this minimum salary [...]

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OSHA’s Emergency Temporary Standard (ETS)

By |2021-12-21T18:38:42+00:00December 21st, 2021|COVID-19, Employment|

Please note that the stay placed on OSHA's Emergency Temporary Standard (ETS) was lifted on December 17, 2021. While there may be additional delays, we encourage all employers with 100 or more employees, to proceed with compliance of the ETS, noting the new January 10, 2022 deadline for these employers to release compliant policies. Please visit their updated website for more information. For more guidance on compliance, please review our slides and recorded update on our website.

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Tax credits for providing paid leave to employees who take time off related to COVID-19 vaccinations

By |2021-04-23T19:46:52+00:00April 23rd, 2021|COVID-19, Employment|

FOR EMPLOYEES Getting the vaccine does NOT mean you have to take hours off work to travel to, wait for, receive and recover from the COVID-19 vaccine. Ask your employer about paid time off for receiving and recovering from the COVID-19 vaccine. Even if you already receive paid time off through employment, Employers with less than 500 employees can provide paid sick leave to their employees at NO COST to the organization. The paid leave for employees is up to $511 per day (based on employee's standard wage) for up to 10 days from now through September 30, 2021. To [...]

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Changes to PPP Loan Rules Increase Accessibility

By |2021-02-24T15:56:02+00:00February 23rd, 2021|COVID-19, Employment|

Thursday (2/25) Webinar: Changes coming to PPP Loan Rules to expand access Small business owners and sole proprietors: join Scholz Nonprofit Law this Thursday, February 25th, at 6pm for a webinar explaining how to apply for the PPP and recent changes to the rules that should make it easier to qualify. Register here. An overview of these changes is below. Important Changes to PPP Rules In an effort to focus lender’s attention on small borrowers, starting this Wednesday, February 24th, the SBA will impose a 14 day freeze on loans to borrowers with more than 20 employees. This is [...]

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Federal Funding Available to Offset Reduced Staffing

By |2020-04-16T23:39:44+00:00April 13th, 2020|COVID-19, Employment|

Since the CARES Act was enacted on March 27, there has been a storm of information about how the federal government is assisting businesses, nonprofits, and employees. An overlooked area of the CARES Act is the federal subsidy to state-based short-time compensation agreements. Wisconsin has a short-time compensation program called Wisconsin's Work-Share Program. A work-share program provides employees with partial unemployment insurance (UI) benefits when their employer has temporarily reduced worker hours. The employees with reduced hours receive a pro-rated UI benefit to offset this reduction in paid wages, implemented by the employer in lieu of laying off workers. Wisconsin's Work-Share Program's general [...]

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SBA Loan and Employment Guidance

By |2020-04-16T23:31:19+00:00April 8th, 2020|COVID-19, Employment, Nonprofit|

Hello friends and colleagues, Thanks to the support of the Madison Community Foundation, over the past two days, Scholz Nonprofit Law has hosted several seminars on the Coronavirus Aid Relief and Economic Support Act (“CARES”), and related options for financial support and sustainability during these challenging times. If you want to listen to a recording of the seminar, see here. We focused our seminar on two topics (i) SBA loan programs available to nonprofits, and (ii) employment challenges nonprofits are facing. Jeff Femrite discussed (i) the SBA’s Paycheck Protection Program (“PPP”) loans (which may be totally forgiven if used [...]

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CARES Act Impact on Nonprofits

By |2020-04-16T23:31:31+00:00March 29th, 2020|COVID-19, Employment, Nonprofit|

Dear clients, better known as friends and colleagues: We know this is a difficult time for so many, personally, as well as for your organizations. Know that we’re concerned and thinking of you! We are keeping track of opportunities for assistance for nonprofits and will keep providing information as it becomes available (and we have the chance to digest it). For today, below is a brief summary of provisions of the federal Coronavirus, Aid, Relief, and Economic Security (CARES) Act that apply to nonprofits. As we learn more details, we will keep updating the Scholz Nonprofit Law blog. The [...]

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Updates to FFCRA, effective April 1

By |2020-03-29T14:00:42+00:00March 27th, 2020|COVID-19, Employment, Nonprofit|

All employers with fewer than 500 employees, including nonprofits, must provide two weeks of paid leave and likely are required to provide up to 12 weeks of paid FMLA under FFCRA. Employers will be paid back by the government through a payroll tax offset or additional refunds. The only exemption for the FMLA paid leave is for employers with 50 than fewer employees for whom this obligation would jeopardize their viability. We have no details on that at this point so all employers should assume they will be required to do this and get reimbursed. Details below. Notice requirements [...]

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