For decades, federal wage and hour regulations have required that non-discretionary bonuses paid to employees be included in the recipients’ “regular rate” for purposes of calculating their overtime premiums.  In other words, if an employee earns a base rate of…

An ever growing number of U.S. economists have forecasted an economic downturn in the coming year.  With vehicle sales creeping down for 2019, many dealers are starting to feel the bind.  Economists and accountants are predicting mergers and acquisitions activity…

Under a recent Eastern District Court ruling, Pennsylvania debt collectors must be licensed by the Department of Banking and Securities in order to collect on deficiency judgments from retail installment sales contracts or face violations of the Fair Debt Collection…

A recent client meeting (with experienced accounting and financial professionals as well as legal advisors) ended with the participants trading stories of attempted fraud, phishing or hacking attempts foisted on our clients, employees, colleagues and family members.  Each of us…

The Trump Administration initiated an investigation on automobile imports in May of 2018.  The Department of Commerce, which undertook the investigation, submitted its report to the President in February of 2019, but the Administration has not made it public.  Nevertheless,…

In 2015, Sergio Marchionne publicly made a case for mergers among automotive manufacturers.  The need for intensive amounts of capital for research and development was one of the key factors he cited for support.  Since 2015, the importance of research…

If you have serviced a customer’s vehicle and have not been paid, you may have a lien. This type of lien is created by law and is properly called a garageman or repairman’s lien (often mistakenly called a mechanic’s lien).  …