The U.S. Department of Labor’s (DOL’s) test for determining whether a worker should be classified as an independent contractor or an employee for purposes of the federal Fair Labor Standards Act (FLSA) has been revised several times over the past decade. Now, the DOL is implementing a new final rule rescinding the employer-friendly test that ... Read More ›
It is with deep sadness that we mourn the loss of Parey Baranowski, who passed away unexpectedly on February 25, 2024. Parey joined Thomas Havey LLP in 1985 and worked at the Firm for 39 years. Parey was the Office Manager in Schererville. Parey will be remembered by all as a devoted wife, mother, daughter, and ... Read More ›
Some provisions of 2022’s SECURE Act 2.0 (a follow-up to the SECURE Act of 2019) have been in force for over a year — including several that affect 403(b) retirement plans. If your not-for-profit offers staffers a 403(b) plan, you likely made some minor changes in 2023 and may have made more significant ones on January 1, ... Read More ›