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Inflation Reduction Act Introduces Direct Pay Option for Nonprofit Solar | Partridge Snow & Hahn LLP

Under the Inflation Reduction Act (IRA), nonprofit entities, including nonprofit independent schools, are now eligible to receive payment in lieu of tax credits for solar photovoltaic. ....

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DOL Increases to Exempt Employee Salary Requirements will Impact Employers Regardless of Legal Challenges | Partridge Snow & Hahn LLP

On April 23, 2024, the Department of Labor (“DOL”) announced a final rule (the “Rule”) increasing the salary threshold employers must pay to most exempt workers. Given the anticipated. ....

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Massachusetts and Rhode Island Charities: Unlocking Restricted Funds | Partridge Snow & Hahn LLP

For many charitable institutions, accepting gifts subject to certain donor-imposed restrictions is in the normal course of business. While these restricted funds are quite common, their. ....

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