How the New Tax Laws Will Benefit Small Business Owners
- Posted By: Claire Kalia
- Posted In: Business Entities, Small businesses, Taxes
- October 11, 2018
- 0 Comment
The 2017 Tax Cuts and Jobs Act significantly changed the way businesses are taxed. Although the tax cut for C Corporations (to 21%) garnered the most attention, small business owners should see big wins, also. Below, we summarize some...
Read MoreCan You Pay Your Employees in Cryptocurrency?
- Posted By: Claire Kalia
- Posted In: Compensation and benefits, Cryptocurrency, Employment, Overtime
- October 04, 2018
- 0 Comment
Cryptocurrencies like bitcoin are all the rage, and many consumers now regularly use them buy goods or services. But what about employers? Can you pay your employees in a cryptocurrency? The state of the law is unclear, but the...
Read MoreCalifornia Supreme Court Limits Use of De Minimis Doctrine
- Posted By: Claire Kalia
- Posted In: De Minimis Doctrine, Employment, Uncategorized, Wage & Hour
- September 24, 2018
- 0 Comment
A recent class action lawsuit involving Starbucks could have wide implications for California small business owners. The case turns on whether employers need to compensate employees for small bits of time that are difficult to record. Although federal law...
Read MoreWhat are Professional Corporations – and Do You Need One?
- Posted By: Claire Kalia
- Posted In: Incorporation, Professional Corporations, Professional Liability
- August 28, 2018
- 0 Comment
Virtually anyone can form a corporation in California, and it is easy to see why. They provide shareholders with limited liability that protects their personal assets in the event the company gets sued, allow founders to raise capital by...
Read MoreHow the New Tax Laws May Affect Startups
- Posted By: Claire Kalia
- Posted In: Startups, Taxes
- August 21, 2018
- 0 Comment
The recent Tax Cuts and Jobs Act was the first major shakeup of the country’s tax system in about three decades. In addition to bringing change for individuals, the law will also affect small businesses. Below we summarize some...
Read MoreLegal Issues Related to Bitcoin, ICOs, and Digital Currencies
- Posted By: Claire Kalia
- Posted In: Cryptocurrency, Internet law, Small businesses, Startups
- August 07, 2018
- 0 Comment
Digital currencies, unlike traditional fiat currencies, are not backed by any government. Because cryptocurrencies like Bitcoin are not issued by a central bank, they have become popular with some investors and consumers who see significant opportunities for growth and...
Read MoreSilicon Valley Forges Ahead on Boosting Minimum Wage
- Posted By: Claire Kalia
- Posted In: Compensation and benefits, Employment
- July 18, 2018
- 0 Comment
Whereas some other parts of the USA are concerned about the impact of any minimum wage legislation, Silicon Valley seems to be embracing all the measures and rules. This trend is supported by many startups that are mushrooming in...
Read MoreChanges to Employment Law in 2018 – Part 3
- Posted By: Claire Kalia
- Posted In: Employment
- July 10, 2018
- 0 Comment
There are several significant changes to California employment law in 2018 that employers should be aware of. These include updates to specific mandatory training and posting requirements with information on employee rights in the workplace. Failure to comply with...
Read MoreChanges to Employment Law in 2018 – Part 2
- Posted By: Claire Kalia
- Posted In: Employment
- July 09, 2018
- 0 Comment
It’s important for employers to review their business policies and current practices to ensure they are in compliance with new California laws. Changes to employment law in 2018 that employers should be aware of include updates to prohibiting discrimination,...
Read MoreUnited States Supreme Court: States May Require Online Retailers to Collect Sales Tax
- Posted By: Claire Kalia
- Posted In: Internet law, Online retail, Small businesses, Taxes
- June 26, 2018
- 0 Comment
On Thursday, the United States Supreme Court ruled that states may require online retailers to collect state sales tax in states where the retailer has no physical presence. The case before the Court involved a South Dakota statute that...
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