The regulatory climate is always changing for businesses
including every firm in the entertainment business.
Almost every month there is some new
law, regulation, or statue that your business now must comply with. We want to
share a few of the latest regulatory trends to help with your business
planning. All entertainment firms must comply with California and Federal laws.
The Department of Labor (DOL) is
cracking down on employers who misclassify independent contractors who really
should be employees. If you are an employer who hires contractors, the DOL has
issued new guidelines to help you. If your entertainment firms hire part time
production assistants, camera men or others, you need to understand have use
review your worker’s compensation program.
Defense of Marriage Act (DOMA).
The federal definition of marriage has changed and employers must modify health
insurance and benefits packages to comply with the law
The new workers’ compensation
coding system went into effect in 2016. All businesses covered under the Health
Insurance Portability and Accountability Act (HIPAA) will be required to use
the International Classification Coding Systems (ICD-10) to report injuries and
illnesses to the Centers for Medicare & Medicaid Services (CMS).
Whistleblower investigations are on
the rise. The SEC’s whistleblower program continues to have an impact on
businesses. The single biggest issue has been “Corporate Disclosure and
Financials,” which accounted for 18.2% of all submissions.
In response to
immigration reform, employers will need to monitor changes to the immigration
system that may impact their hiring; particularly Form I-9 procedures and work
authorization documentation
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