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Poll Question: Do you think there should be a uniform innkeeper statute? The innkeeper statute limits the innkeeper's liability for loss or theft of a guest's property. Currently, the statute varies across all 50 states. Need Local Counsel? Check out Find A Lawyer to find national and international attorneys with experience in the hospitality industry! "Great content and presentation" "Very engaging" "Content perfect" - Attendee reviews from a past National Restaurant Association show on Stephen Barth's presentation "Protecting Your Investment: A Legal Compliance Guide for Restaurants" For information on booking Stephen to present at your next meeting, please click here.
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In this Issue:
HIRE Act Passed On March 18, 2010, President Obama signed the Hiring Incentives to Restore Employment Act (the HIRE Act, also referred to as the “jobs bill”), which is intended to create new jobs and provide incentives to employers to hire the unemployed. The HIRE Act provides tax credits to employers that hire persons who have been unemployed for at least 60 days. The tax credit is 6.2% of the wages paid to those individuals, effectively exempting the employer from having to pay its share of the Social Security tax on those wages through 2010. Thus, if an employer hires an unemployed person and pays that person $106,800 (the FICA wage cap) by the end of 2010, that employer could save $6,621. In addition, employers may claim a supplemental tax credit worth up to $1,000 at the end of a year of employment for each previously unemployed individual they hire. Note that employers generally may not take both the 6.2% tax credit and the $1,000 year-end tax credit for the same employee for the same year.
The new law applies fewer requirements to employer-sponsored health plans that were in existence on March 23, 2010 ("grandfathered plans") than it does to new health plans. Most of you reading this probably have grandfathered plans, so this Alert focuses on the changes that will soon have an impact on your health plan. Most of the changes described below apply to the plan year that begins on or after September 23, 2010 – six months after the date of enactment of the new law. If you maintain a calendar year plan, the changes become effective January 1, 2011. If your health plan year begins in October, November or December, the new rules apply to your plan year beginning in 2010. What's New at HospitalityLawyer.com! We are excited to announce hotel and restaurant law, safety, and security webinars. HospitalityLawyer.com offers the following upcoming live legal, safety, and security webinars, including:
Visit our on-demand library of webinars by clicking here and selecting the "On-Demand Webinars" tab. Visit our Solutions Store for forms and checklists. 16 Things Your Lawyer Won't Tell You - From American Express Open Forum While most lawyers are honest professionals, the legal industry does have its share of rotten apples. From overbilling to downright incompetence, our recent interviews with legal experts revealed 16 dirty secrets bad attorneys don’t want you to know. Save the Date for the 2011 Hospitality Law Conference The 2011 Hospitality Law Conference is scheduled for February 9-11, 2011, in Houston, Texas. Mark your calendars to not miss this one-of-a-kind conference! Email Diana Singson topics you would like to know about! HospitalityLawyer.com Copyright 2010. All Rights Reserved. HL.com, Inc. |
For permission to reproduce any portion of this newsletter, please email Diana Singson. The ideas, opinions, recommendations, and interpretations presented herein are those of the authors. Publication of any article or statement is not to be deemed an endorsement of the views expressed therein, nor shall publication of any Product Showcase be considered an endorsement of the product or service involved. The information contained in this newsletter are subject to our Terms and Conditions.