The Families First paid leave obligations are in effect, so it is time for business owners to make some tough decisions. Understanding the unemployment benefits available under the Pandemic Unemployment Assistance program is an important part of the analysis.
Employers want to do what they can for staff, including paying them when they have to be out for no fault of their own. But, how is the company supposed to do that when business is basically shut down? This article focuses on the Employer’s obligations under the Emergency Paid Family & Med Leave Expansion Act and the Emergency Paid Sick Leave Act to provide paid leave to employees affected by the Coronavirus crisis.
This article is meant to help you understand the tax breaks under the CARE Act intended to help your business or non-profit survive the Coronavirus crisis.
Business owners and executives need a clear, concise explanation of how the Coronavirus Stimulus Package affects the company. There are several, overlapping Acts that apply, and new developments emerge daily, but this guide should be enough to start strategizing.
Foreign investors should be aware of the withholding required under FIRPTA and meet with an HLA attorney to discuss the most advantageous business structure for real estate investments.
This is the third and final part of our discussion regarding the use of a 1031 Exchange to defer tax on real estate investments. Used correctly, real estate investors might even defer tax indefinitely—or at least during their lifetime.
As long as an non-exempt employee does not work more than 40 hours in a week, the employer is not required to pay overtime even if (i) the employee works more than eight (8) hours in one day, or (ii) the employee works on a holiday, a Saturday, or a Sunday.
Dangers of using someone else’s name when purchasing real estate
This is the final part to our discussion aimed at helping owners and officers avoid personal responsibility for the obligations and liabilities their companies take on in the course of doing business. The first part provided an overview of the key issues related to corporate liability. The second part focused on what not to do. Here, we get to proactive techniques for guarding against personal responsibility.
This is a continuation of our discussion regarding the breakdown of liability protection afforded to owners and officers as a result of the economic crisis and business scandals in the US and around the world. It is true the American legal system is set up to shield owners/officers from corporate liabilities, but nothing draws public outcry like an executive who fills his pockets through misdeeds and then hides behind the corporate skirt.