HHS Releases Security Risk Assessment Tool

Today, the U.S. Department of Health and Human Services (HHS) released a new security risk assessment (SRA) tool to help health care providers in small to medium sized offices conduct HIPAA Security Rule risk assessments. Conducting a security risk assessment is a key requirement of the HIPAA Security Rule and a core requirement for providers

IRS Announces New 60-Day IRA Rollover Rules

The IRS will soon be changing the rules that regulate how often you can take tax-free rollovers out of your IRA. Tax-free rollovers are distributions from an IRA that are payable to the account owner, but which are re-deposited into the IRA (or into another IRA) within 60 days. Under current rules, you are allowed

Healthcare Reform: 2014 Update for Employers

Healthcare Reform: 2014 Update for Employers By Christine Moehl SAALFELD GRIGGS PC In the spring of 2013, I wrote an article for the Healthy Business Journal entitled “Healthcare Reform: Employer Action Items for 2013.” Although the article was accurate at that time, it has become a bit outdated. Over the past year there have been

Oregon Bank Act Changes Regarding Board Meetings

In 2013, the Legislature adopted changes to the Oregon Bank Act (ORS chapters 706 to 716) which requires the Director of the Department of Consumer and Business Services to set the frequency of board meetings by rule. The proposed rulemaking activity sets the minimum number of regularly-scheduled meetings at four times per year, with flexibility

It’s Almost Time to Restate Retirement Plans

By Randy Cook & Christine Moehl IRS rules state that qualified retirement plans (e.g., 401(k) plans, defined benefit plans, etc.) must be updated periodically to reflect legislative and regulatory changes. Historically, retirement plan amendments were required whenever Congress or the Department of Treasury changed the tax laws affecting retirement plans. During years of heavy legislation,

Business Sales & Acquisitions: A Primer

by Douglas Alexander For many business owners, the culmination of a lifetime of building a successful business is its sale. For many aspiring business owners, the first step is to acquire an already successful business, with plans to continue to grow and expand it as time goes on.  The sale and acquisition process can seem

Successors Liable for Wage Claims

Recently, the Oregon Supreme Court issued an opinion that may have an impact on wage claims for anybody who purchases a business in Oregon. In an opinion written by Justice Walters, the Court decided what a “successor to the business” means when the Oregon Bureau of Labor and Industries (BOLI) is seeking to recover amounts

Relu Group Scores Big Win for Client

Last month, Saalfeld Griggs’ land use attorneys scored a big win for their client in the City of Salem’s approval of ordinance 2013-04-SM. This ordinance paves the way for the next phase of the Bella Cresta Subdivision to move forward with development. Mark Shipman and Alan Sorem worked in conjunction with a local engineering firm on behalf of a local