IRS Announces Applications for Recognition of Tax Exempt Status Must be Filed Electronically (Effective April 30, 2020)

The Internal Revenue Service has expanded its electronic filing requirements to now cover applications for recognition of tax exempt status. The new policy and procedures are set out in IRS News Release IR-2020-25 and Revenue Procedure 2020-8 (PDF). One of… Read more

Neil V. Birkhoff
Principal

March 11, 2020 | Tax

Being Called a “Girl” at Work Is Not Empowering

We’ve just celebrated International Woman’s Day, not International Girl’s Day – and it begs the question, why are so many hard-working women referred to as “girls” at work? In honor of International Women’s Day (Sunday, March 8) I decided to… Read more

Leah M. Stiegler
Associate

Victor O. Cardwell
Principal and Chairman

March 10, 2020 | Labor & Employment

Don’t Get Twisted Up in Hair Discrimination

On March 4, 2020, Governor Ralph Northam of Virginia signed into law House Bill 1514. This new law bans discrimination on the basis of physical traits associated with race including “hair texture, hair type, and protective hairstyles such as braids,… Read more

Patice L. Holland
Principal

March 9, 2020 | Labor & Employment

Bank Watch – Legal Issues in Banking

The Bank Watch report from the Woods Rogers Financial Services Practice Group is a quarterly review of regulatory and technology news affecting the financial services industry. In this issue: Banking the Cannabis Business in Virginia FDIC, OCC Warn of Heightened… Read more

Joseph (Jay) E. Spruill III
Of Counsel

March 3, 2020 | Banking & Financial Technology

Modernizing the CRA: Proposed Changes

On January 9, proposed changes to the Community Reinvestment Act (CRA) regulations by the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation were published in the Federal Register. The proposed changes seek to modernize… Read more

Joseph (Jay) E. Spruill III
Of Counsel

February 26, 2020 | Banking & Financial Technology

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