At some point, the records management policies and practices of all businesses are tested. Thus, it is critical that businesses have a comprehensive records management policy and that managers and staff have a complete understanding of such policies and procedures. Not surprisingly, California law requires employers to keep certain records for specific amounts of time. [...]
The Thomas Fire and ensuing mudslides devastated our community and caught many businesses by surprise. In addition to the tremendous damage and loss of life they wrought upon us, these disasters have demonstrated the importance of having a good business insurance policy. Standard business interruption insurance policies typically cover profits, fixed costs, temporary relocation, reimbursement [...]
Rebuilding the local business scene is going to take more than just hoping for the best. Thankfully, the Santa Barbara community is making moves to preserve local businesses and bring tourism back. BFAS Partner Trevor Large, in his capacity as President of Hospitality Santa Barbara, has taken an active role in collaborating with the City of [...]
The Thomas Fire, the largest wildfire in California history, and the subsequent flooding in the Montecito area were catastrophic. There was a significant loss of life, homes and properties. Our community spirit is regaining itself, as we all pull together to assist those in need, some having to revive their lives. Our attorneys are assisting [...]
Taxes… Taxes… Taxes are at the forefront of our conversation. Are you a winner or a loser under the new paradigm? How do you better your positioning; change your business structure, your estate planning? Businesses and corporations are clearly winners under the Tax Cuts and Jobs Act (Tax Cuts Act). Businesses Preferred. Our country’s federal [...]
We are so happy to be able to march ahead with you in 2018!
We are proud to announce that BFAS received the Goleta's Finest Award for Small Business of the Year!
Donning our N95 masks for another day in smoke-filled Santa Barbara, we watch in awe while more than 7,000 firefighters do battle with the Thomas fire as it continues to threaten our communities. Western Ventura County has been devastated by the loss of more than 900 homes (and counting). Neighborhoods at the east-end of Carpinteria, [...]
As 2017 draws to a close, it is time to start planning for 2018. As a small business owner, now is a good time to check the legal aspects of your business to ensure you in good standing. Here are a few items every small business should complete as part of your year-end legal checklist. [...]
The current legislative session is now at a close. Governor Brown has approved or vetoed the bills sent from the legislature. Unfortunately for employers, this year was fairly active for labor and employment laws. Below is a partial list, not exhaustive, of the biggest developments from this year’s new laws. Unless otherwise noted, these laws [...]