Characterizing Student Athletes as Employees: It’s Complicated
Alexander Reid, partner at the law firm BakerHostetler, discusses issues raised by a memo from the National Labor Relations Board General Counsel, which proposed to classify some college athletes as employees.
Treasury Releases Guidance on Labor Protections for Energy Tax Incentives
The Treasury Department’s notice is the initial implementation of the strong labor standards that firms must meet to qualify for enhanced clean energy and energy efficiency tax incentives, including the green building deduction under Section 179D.
IRS Publishes Initial Guidance on 2023 Electric Vehicle Credits
Certain new electric vehicles purchased on or after January 1, 2023, will be eligible for up to a $7,500 clean vehicle tax credit, according to new IRS guidance. Private nonprofit colleges and universities and some public institutions can claim the credits.