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13 06, 2018

Have You Updated Your Privacy Policies? How the European Union’s GDP Regulation is Impacting U.S. Businesses

By |2018-08-20T01:39:43+00:00June 13th, 2018|Business, Corporate and Venture, News, The Advisor|Comments Off on Have You Updated Your Privacy Policies? How the European Union’s GDP Regulation is Impacting U.S. Businesses

Over the past several weeks, you have probably been receiving e-mail from various online service providers announcing updates to their privacy policies. While these e-mails often claim that they are being done because the organization values your privacy, there is actually a deeper root.  On May 25, 2018, the European Union’s General Data Protection Regulation [...]

10 05, 2018

Employee or Independent Contractor? A New Test

By |2019-10-01T15:44:59+00:00May 10th, 2018|Employment, News, The Advisor|Comments Off on Employee or Independent Contractor? A New Test

In Dynamex Operations West, Inc. v. the Superior Court of Los Angeles County, the California Supreme Court adopted a new standard to determine whether a worker is properly classified as an employee or an independent contractor. The simplified standard, known as the ABC test, looks at three required factors to determine a valid independent contractor who would not be subject to one of California’s wage orders and other employer obligations: [...]

1 05, 2018

Business Planning After the Flood-Legal and Financial Implications

By |2019-10-01T15:47:13+00:00May 1st, 2018|Business, Corporate and Venture, News, The Advisor|Comments Off on Business Planning After the Flood-Legal and Financial Implications

Three months after the devastating Thomas Fire and Montecito mudslides, we continue to see questions regarding disaster recovery, especially from business owners.  Last month’s Advisor covered insurance issues; this month, I want to focus on other strategies for weathering the aftermath of what has been a tough six months for our community.  While insurance is [...]

13 03, 2018

Protect Your Business With Good Records Management

By |2019-10-01T15:47:49+00:00March 13th, 2018|News, The Advisor|Comments Off on Protect Your Business With Good Records Management

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.  [...]

13 02, 2018

Preparing for the Future: Business Interruption Insurance

By |2019-10-01T15:49:17+00:00February 13th, 2018|News, The Advisor|Comments Off on Preparing for the Future: Business Interruption Insurance

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 [...]

15 01, 2018

Tax Cuts and Job Act Business & Corporate Tax Strategies (Form Your Corporation Today!)

By |2018-08-20T01:39:49+00:00January 15th, 2018|News, The Advisor, The Advisor Video|Comments Off on Tax Cuts and Job Act Business & Corporate Tax Strategies (Form Your Corporation Today!)

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 [...]

14 12, 2017

Small Business Year-End Checklist

By |2019-10-01T15:51:35+00:00December 14th, 2017|News, The Advisor|Comments Off on Small Business Year-End Checklist

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. [...]

14 11, 2017

New California Labor/Employment Laws for 2018

By |2019-10-01T15:52:18+00:00November 14th, 2017|Employment, News, The Advisor|Comments Off on New California Labor/Employment Laws for 2018

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 [...]

17 10, 2017

New California Laws Make Housing a Priority

By |2019-10-01T15:53:09+00:00October 17th, 2017|Land Use and Real Estate, News, The Advisor|Comments Off on New California Laws Make Housing a Priority

At the end of September, California enacted a number of new bills intended to make it easier for developers to build affordable housing projects throughout the state. What do these mean for central coast residents, developers, and investors? SB 35 - Streamlined Local Approvals for Affordable Housing California requires local jurisdictions to develop long term [...]

18 09, 2017

Redefining a Sale for California Real Property Transfer Tax

By |2018-08-20T01:39:50+00:00September 18th, 2017|Land Use and Real Estate, News, The Advisor, Uncategorized|Comments Off on Redefining a Sale for California Real Property Transfer Tax

When real property changes hands, California imposes two separate taxes – the annual real property tax and a documentary transfer tax. The annual real property tax is reassessed to fair market value when a property changes ownership.  The transfer tax allows a county or city, or both, to charge a tax when real property is [...]