On July 15, DOL issued its new interpretation for employee/independent contractor (IC) classification and it could have a significant impact on clubs that utilize caddies or any “independent contractors.” Under this new guidance, DOL requires club leaders to consider a multi-factor “economic realities” test to
On June 29, the Department of Labor (DOL) proposed changes to the country’s overtime rules that could significantly impact the private club industry. Under current law, salaried employees making at least $455 per week ($23,660 per year) and who meet the requirements under the “primary
In March of 2014, the Department of Labor (DOL) was directed by the President to review the Fair Labor Standards Act (FLSA) and its overtime regulations. On June 29, DOL completed that review and has proposed changes to those rules. As expected, these changes could
Final Tangible Property Regulations (TARS) are here after a near decade-long production. Commonly called “repair regulations,” these rules try to clarify a very complicated portion of tax law. They affect all taxpayers that use tangible property in their businesses. These comprehensive regulations include more than
It has been said the worst day and the best day for a private club is when the pool opens and when it closes. Most club managers understand their members love to use the swimming pool, but oftentimes those same members do not truly know