Warrick & Boyn, LLP - Elkhart, Indiana

FLSA Misclassification Can Be Very Costly

May 12, 2025 | News

The “salary basis” requirement is a necessary element in deciding whether an employee qualifies under the Fair Labor Standards Act’s executive, administrative, and professional exemption. To qualify, an employee must be paid on a salary basis at least $684 a week and...

Corporate Transparency Act Reporting: Off Again (For Now)

Apr 1, 2025 | News

The Corporate Transparency Act (CTA) requires most small businesses to file a report identifying their Beneficial Ownership Information (BOI). Various entities were exempted from this requirement, including those in certain industries and those with more than 20...

The FMLA Can Apply to Adult Siblings

Feb 19, 2025 | News

The 6th U.S. Circuit Court of Appeals, which includes Michigan, recently ruled that an employee can stand “in loco parentis” to, and take Family and Medical Leave Act (FMLA) time off, in order to care for an adult sibling when the employee assumes obligations of a...

Company Owned Life Insurance

Feb 10, 2025 | News

The proceeds of life insurance owned by a company for the purposes of redeeming a shareholder’s shares upon death increase the value of the company’s stock according to a June, 2024 decision of the United State Supreme Court. In this case, two shareholders of Crown C...