February 8th, 2024
Why Millennials Are Embracing the Pre-nup and You Should Too
Prenuptial Agreements (“pre-nups”) have historically been associated with a negative stigma or a bad omen for marriage. As well as the misconception that only wealthy individuals need them. However, the number of couples entering into…
February 5th, 2024
For Purposes of FLSA Many Workers Currently Treated as Independent Contractors May Need to be Reclassified
The U.S. Department of Labor (DOL) recently implemented a significant change in the classification of employees and independent contractors under the Fair Labor Standards Act (FLSA), which is a federal law that applies to most…
February 2nd, 2024
Facing the Chill: Strategies for Breaking Your Marriages Groundhog Day Loop
After years of marriage, it is not uncommon to feel like you are stuck in a Groundhog Day experience in your relationship. Communication has broken down. You feel disconnected from one another. You are living…
February 1st, 2024
Pulling Back the Curtain on Insurance
As February 1st marks National Car Insurance Day, it’s an opportune moment to reflect on the often-overlooked importance of safeguarding ourselves on the road. While it may not boast the glamour of holidays like Valentine’s…
February 1st, 2024
January Federal Tax Updates
INDIVIDUALS In United States v. Cacchione, 133 AFTR2d 2024-________, a Pennsylvania Federal District Court denied a Net Operating Loss carryback generated by an S corporation loss when the taxpayer could not prove that he had…
January 29th, 2024
Beyond the Courtroom: The Benefits of Mediation in Family-Centric Divorces
Divorce is an intricate process, and when children are involved, finding a method that prioritizes cooperation becomes paramount. Mediation offers distinct advantages, particularly in fostering resolutions that cater to the unique needs of families. What…
January 8th, 2024
Child-Centered Divorce Month Feature: Private School After Divorce: Who Pays?
The primary focus during a divorce is maintaining stability for the children. Ensuring that a child continues to enjoy the familiarity rooted in his or her school community can be an important benefit. Hopefully, divorcing…
January 1st, 2024
Maryland Minimum Wage Increase Starting Jan. 1, 2024
Labor costs go up for Maryland employers starting January 1, 2024, thanks to the Fair Wage Act of 2023 (aka Senate Bill 555). Signed by Gov. Wes Moore in April, the new law boosts Maryland’s…
January 1st, 2024
December Federal Tax Updates
INDIVIDUALS In Quevy v. Commissioner, TC Summary Opinion 2023-34, the Tax Court concluded that $75,000 paid on account of an alleged wrongful termination was includable in the employee’s income as the settlement agreement called the…
December 29th, 2023
Stein Sperling Ranked 2024 “Best Law Firms”
Stein Sperling has been recognized in the 2024 edition of Best Law Firms®, ranked by Best Lawyers®, nationally in 6 practice areas and regionally in 16 practice areas. For the sixth year in a row,…
