Domestic Workers Bill of Rights went into effect on January 1 If you employ nannies, maids, or personal attendants, then you need to know that they are now entitled to time and-a-half overtime if they work more than nine hours a day or 45 hours a week. And, by the way, if they are paid minimum wage, … [Read more...]
What Every Employer Must Tell New Hires
California Labor Code section 2810.5 Communication is a good thing. When someone joins your firm, you may assume you’re on the same page when it comes to basics like salary, payday, location of the main office, and such. Labor Code section 2810.5, however, implies that not all new hires and … [Read more...]
Healthcare Reform and Small California Employers
If you have 50 employees or less, here’s what’s coming There’s an oft-quoted (though nonexistent) Chinese curse that says, “May you live in interesting times.” Well, welcome to “interesting times” in the form of changes to our healthcare system. Though large employers were generally elated when the … [Read more...]
New law for employers with commissioned employees
Signed contracts will be required January 1, 2013 Like so many things, it started with a lawsuit. In the 1990s an out-of-state employer was in trouble for failing to provide California employees with a written contract detailing how commissions were calculated and paid. The ensuing legal battle … [Read more...]
New California law (and IRS) focuses on worker misclassification
Employee vs. independent contractor -- it’s not just a matter of semantics There’s nothing new about the battle between the IRS (and other agencies) and businesses that classify workers as independent contractors primarily to save money on taxes and benefits. In the past, the legal battlefield was a … [Read more...]
Newsflash – Important 2010 Year-End Tax Alert
As you all probably have heard by now, a new tax act was enacted. The “Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010” is a sweeping tax package that includes, among many other items, an extension of the Bush-era tax cuts for two years, estate and gift tax … [Read more...]
Newsflash – Federal and California Tax Matters Update
August 18, 2010 Dear Clients and Friends: FEDERAL AND CALIFORNIA TAX MATTERS UPDATE Significant tax legislation has been passed so far this year, and it is likely that even more changes are upcoming. We want to make sure you are aware of your opportunities and obligations with respect to some of … [Read more...]
Newsflash – California Tax Matters
January 14, 2010 Dear Clients and Friends: CALIFORNIA TAX MATTERS Over the past year, California has been very active in the tax area. We want to make sure you are aware of your opportunities and obligations with respect to some of these most recent activities. The majority of these activities … [Read more...]
Spotlight on Retirement Plans
What you need to know about recent law changes and creative retirement plan strategies By Dick Kaplan, Benefit Planning, Inc. When businesses are highly profitable, retirement plans should be considered because these plans can have a dramatic impact on your tax bill. I know from working with SPS … [Read more...]