By: Aaron Krowne On June 20, 2014, the Florida legislature passed SB 1524, the Florida Information Protection Act of 2014 (“FIPA”). The law updates Florida’s existing data breach law, creating one of the strongest laws in the nation protecting consumer personal data through the use of strict transparency requirements. FIPA applies to any entity with…
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OlenderFeldman Quoted in State Farm’s “Fast Tracks”
When should you provide your social security number? State Farm asked us when sharing is required. State Farm contacted OlenderFeldman LLP to ask when sharing your social security number is appropriate: Think before revealing your Social Security Number (SSN). Its unauthorized use could lead to privacy invasion and identify fraud. Aaron Messing, an information privacy attorney…
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IRS Proposed Regulations Address Substantial Risk of Forfeiture Under IRC Section 83
The Internal Revenue Code (IRC) Section 83 governs property transferred to an employee in connection with the performance of services. Currently, the section states that such transfers of property (typically restricted stock or stock options) are subject to federal income tax when the property is no longer subject to a substantial risk of forfeiture; however,…
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