On July 1, 2019, legislation that expands the room occupancy tax will take effect. The law, which was signed by Governor Baker at the end of last year, implements new rules related to short-term real estate rentals in Massachusetts, whether rented by the owner, through an agent, or via an online portal. These new policies […]
The holiday season is traditionally a time to thank those who provide us with services throughout the year. However, determining who to tip can be confusing — each of us has a different idea about what constitutes good service and how that service should be recognized. While there are no hard and fast rules regarding […]
If you are contemplating the purchase of a yacht, or perhaps already own one, there are several important factors to consider to help mitigate risk and protect against loss. Do you have an Agreed Value insurance policy? When your policy is written, both the insurance company, and the owner will agree on the value of […]
We recommend that our clients conduct an annual insurance review with their broker or agent, to be sure they are properly covered against a variety of risks. Particularly, families of high net worth should consider an excess liability (or umbrella) policy, which pays for judgments and defense costs for incidents which occur where the individual […]
UPDATE – November 23, 2016 Yesterday, a federal judge in Texas granted a preliminary injunction that temporarily blocks the implementation of the new overtime rules discussed in our November 17 blog post on this topic. Please note that this is only a temporary injunction delaying the December 1, 2016 implementation date. It does not change […]
The Department of Labor (DOL) recently announced new rules, effective December 1, concerning overtime pay for all US employees. A summary of the changes is below, and more information about the new regulations can be found in ADP’s “New Overtime Rules” article. Because many JDJ clients are household employers, we felt it important to highlight some of […]
Many JDJ clients hire domestic staff to help manage their busy lives. The roles of these employees run the gamut, and examples include caregivers for young children and aging parents, estate managers, housekeepers, and even yacht captains and plane pilots. When families become employers, they are obligated to fulfill many of the same requirements […]
