Sat.Dec 11, 2021 - Fri.Dec 17, 2021

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Corporate E-note December 2021

Burr Forman

The South Carolina Business License Tax Standardization Act (the “Act”) was enacted in 2020, but the effective date was generally delayed until January 1, 2022. The Department of Labor recently reversed a December 2020 final rule and resurrected the “80/20 Rule” governing how tipped employees are paid under the Fair Labor Standards Act.