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So far BFAS Law has created 33 blog entries.
20 02, 2020

Independent Contractors and You: How California’s Changes to Employment Law Impacts Your Business

By |2020-02-20T23:45:23+00:00February 20th, 2020|The Advisor|Comments Off on Independent Contractors and You: How California’s Changes to Employment Law Impacts Your Business

February 2020   On September 18, 2019 Governor Newsom signed AB-5, codifying the now-infamous Dynamex decision as law. This new law radically changes the legal test for who is an employee (rather than an independent contractor) under California law. While the law has gotten a lot of press in the context of the so-called “gig” [...]

8 01, 2020

Legislation Alert: AB 1482 – Tenant Protection Act Brings Statewide Rent Control to California Beginning 2020

By |2020-01-08T19:15:17+00:00January 8th, 2020|The Advisor|Comments Off on Legislation Alert: AB 1482 – Tenant Protection Act Brings Statewide Rent Control to California Beginning 2020

December 2019 Two months ago Governor Newsom signed AB 1482, bringing statewide rent control to California. The new law goes into effect January 1 and includes both a cap on rent increases for existing tenants as well as a “just cause” standard that must be met before a tenant can be evicted.   Are any [...]

8 01, 2020

Starting January 2020, You May Need New Documents for Your Business

By |2020-01-08T19:16:32+00:00January 8th, 2020|The Advisor|Comments Off on Starting January 2020, You May Need New Documents for Your Business

November 2019 Nondisclosure and confidentiality agreements can be an essential part of your business. These agreements protect the confidentiality of the trade secrets and important data for your company. They are not just for inventors or companies with secret recipes, though. They are necessary for any business that might be disclosing information that is commercially [...]

8 01, 2020

Purchasing a California Business? Watch out for California’s Bulk Sales Law..

By |2020-01-08T19:17:25+00:00January 8th, 2020|The Advisor|Comments Off on Purchasing a California Business? Watch out for California’s Bulk Sales Law..

October 2019 If you plan on purchasing a California business, you should be aware of California’s Bulk Sales Law.  The law is designed to protect a business’ creditors and prevent a situation where a seller walks away with the sale proceeds, leaving creditors unpaid.  Generally, a buyer would not be liable for a seller’s debts [...]

23 09, 2019

PAGA Is Now a Four Letter Word to Employers

By |2019-10-01T15:34:24+00:00September 23rd, 2019|The Advisor|Comments Off on PAGA Is Now a Four Letter Word to Employers

September 2019 “PAGA” is the acronym for California’s fifteen-year-old Private Attorneys General Act. This Act allows an individual, on behalf of himself and other employees, to recover civil penalties for alleged Labor Code violations. It added new civil penalties for all such violations, even if certain Labor Code provisions did not previously authorize civil penalties. [...]

10 07, 2019

FIVE COMMON LEGAL MISTAKES MADE BY STARTUPS

By |2019-10-01T15:36:19+00:00July 10th, 2019|The Advisor|Comments Off on FIVE COMMON LEGAL MISTAKES MADE BY STARTUPS

June, 2019   When starting a business, it’s easy for owners to make legal mistakes that can prove costly down the road.  Avoiding these missteps will keep your new venture on the path to prosperity. 1.Over-complicating the Formation. Don’t try to structure your business to accommodate every future contingency.  Instead, design the business to address [...]

10 07, 2019

Residential Leases – An Owner’s Guide

By |2019-07-10T20:17:09+00:00July 10th, 2019|The Advisor, Uncategorized|Comments Off on Residential Leases – An Owner’s Guide

May 2019   Perhaps you’ve invested in an apartment building as a source of retirement income.  Maybe you inherited a second home from a relative, and are debating whether renting the property is worth the trouble.  No matter the size of your property, or the specifics of your goals or circumstances, the most important thing [...]

1 04, 2019

Simplify Your Estate Planning Trust

By |2019-10-01T15:39:45+00:00April 1st, 2019|Estate and Tax Planning, The Advisor, Uncategorized|Comments Off on Simplify Your Estate Planning Trust

March 2019 The Tax Cuts and Jobs Act of 2017 raised the federal gift and estate tax exemption substantially. The Unified Gift and Estate Tax Exemption is now $11,400,000.00 per person for 2019 (for a total of $22,800,000.00 when combined for a married couple). This means that most revocable trusts accomplished before 2018 are antiquated [...]

12 02, 2019

What is the California Consumer Privacy Act of 2018?

By |2019-10-01T15:41:01+00:00February 12th, 2019|Business, Corporate and Venture, The Advisor|Comments Off on What is the California Consumer Privacy Act of 2018?

Following the lead of the European Union, last year the California legislature passed the California Consumer Privacy Act of 2018 (the “CCPA”).  It grants consumers more control over, and insight into, the spread of their personal information online.  Although the CCPA will not become effective until January 1, 2020, steps should be taken now to [...]

11 01, 2019

Avoiding Personal Liability and Limiting Taxes: Business Entities after the 2017 Tax Act

By |2019-01-11T20:23:22+00:00January 11th, 2019|Business, Corporate and Venture, Estate and Tax Planning, The Advisor|Comments Off on Avoiding Personal Liability and Limiting Taxes: Business Entities after the 2017 Tax Act

Business activities, no matter how small, come with risk as well as tax liabilities, both of which can be reduced by operating through a legal entity --- a limited liability company or corporation. The Federal corporate tax rate for C Corporations[1] has plunged, down to 21%; a 20% qualified business income deduction applies to limited [...]