73: Deep Dive into Understanding Bank Partnerships in Payment Programs

True to President Trump's campaign promise, the "one big, beautiful bill" allows a limited deduction for overtime income, but the mantra "no tax on overtime" is not quite accurate. In this episode, Tax attorney Douglas Charnas (Washington) and Employment attorney Susan Desmond (New Orleans) discuss the new employee deduction for overtime pay and employers' reporting responsibilities for these deductions.

True to President Trump's campaign promise, the "one big, beautiful bill" allows a limited deduction for tip income, but the mantra "no tax on tips" is not quite accurate. In this episode, McGlinchey Tax attorney Douglas Charnas (Washington) and McGlinchey Employment attorney Susan Desmond (New Orleans) discuss the new employee deduction for tips and employers' reporting responsibilities for these deductions.

The next episode in McGlinchey's Deep Dive into Lending series takes a close look at unsecured lending with insights from Aaron Kouhoupt and Adam Maarec. They discuss innovations in loan applications, underwriting, and customer interactions, and then explore the other side of the equation: what today's consumers expect from lenders and creditors.

In this installment of the More with McGlinchey Podcast, Members Susan Desmond and Marcelle Mouledoux discuss the Safer Seas Act requirements for the maritime industry and review the legal obligations that Merchant Marines have regarding sexual harassment claims.

Join Chase Stoecker and Courtney Joiner, Members of McGlinchey's Labor and Employment Practice Group, as they discuss how a new administration could impact overtime laws and diversity, equity, and inclusion (DEI) initiatives. They explore changes to Fair Labor Standards Act (FLSA) salary thresholds, legal challenges to DEI programs, and strategies for employers to adapt to potential regulatory shifts.

In this installment of the More with McGlinchey #WhyMcGlinchey podcast series, Member Chris Bottcher talks with Director of Talent Acquisition Margeaux Roush about why he has chosen to grow his career here at McGlinchey. They discuss Chris's journey opening the Birmingham office and serving as its Office Managing Member.

The next installment in McGlinchey's Deep Dive into Bank Partnerships Series features an overview of depository services, featuring insights from our attorneys Rachael Aspery, Brian Fink, and Aaron Kouhoupt. They explore key topics, such as the structure of typical lending bank partner programs versus depository programs, the advantages and disadvantages of each, and contractual and regulatory expectations for third-party management, service providers, and customer management systems.

Has the Supreme Court's opinion overturning the Chevron doctrine altered the landscape for the denial of tax deductions for marijuana businesses under Section 280E of the Internal Revenue Code? Here to explore that question are corporate and tax attorney Douglas Charnas and Perry Salzhauer, co-chair of McGlinchey's Cannabis Industry group.

In this latest installment of McGlinchey's Deep Dive into Bank Partnerships Series, attorneys Amy Greenwood-Field, Aaron Kouhoupt, and David Tallman explore the complexities of payment programs involving partnerships between non-depository institutions and other entities. The discussion delves into how these partnerships function, the legal and regulatory considerations—particularly around Model Law, Regulation E, and money transmission licensing—and the hidden traps to avoid.

In this installment of the More with McGlinchey Podcast, we have the second half of Insurance Regulatory Member Lauren Ybarra's interview with Member and Former Louisiana Insurance Commissioner Jim Donelon. In this episode, Jim reflects on the devastating hurricane damage to Louisiana during his tenure as Commissioner, the impacts of the international reinsurance market, cyber hacking and ransomware, and the importance of the National Association of Insurance Commissioners (NAIC), of which he previously served as President. If you missed part one, listen here.