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The Current State of Minimum Wage Laws

The $7.25 per hour federal minimum wage has been in place since 1991. To have the same purchasing power today, the inflation-adjusted wage would have to be $12.68, according to the CPI Inflation Calculator from the U.S. Bureau of Labor…

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Substance Abuse Treatment Centers Benefit from Self-Insuring

Within the past year, all Florida substance abuse treatment centers have felt the pain of holdbacks from major insurance carriers. Unfortunately, reimbursement amounts are likely to decrease and holdbacks are likely to become increasingly common. Despite these challenges, many operators…

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Don’t Lose Your S-Shares

Guest authors: Hillel L. Presser, Esq., MBA and Ariel R. Enisman, Esq. The LLC has eclipsed the corporation as the preferred business entity in most circumstances, especially in business planning that includes Asset Protection. An S corporation is a business…

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Is Your Business Subject to a “Ban-the-Box” Law?

Roughly half the U.S. population lives in areas where government entities must incorporate “ban-the-box” policies into their hiring practices. The “box” refers to the empty square on a job application next to the question that begins, “Have you ever been…

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The Latest Tax Developments for Partnerships

In recent months, there have been several significant tax developments that affect partnerships. They also apply to multi-member limited liability companies (LLCs) that are treated as partnerships for federal tax purposes. (For simplicity, we’ll use the terms “partnership” and “partner”…

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Hiring Summer Help

Do you remember your first summer job? It doesn’t matter if you were a babysitter, caddy, telemarketer or lifeguard. Your first job taught valuable lessons about responsibility and balancing work with family and friends. It also helped keep you out…

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Strengthen the Weak Links in Your Cybersecurity Plan

Cybercriminals never seem to give up, and for good reason: Their chances of success make it worthwhile. A recent poll entitled “IT Threats and Data Breaches” found that 94% of companies reported experiencing some form of “external threat.” After spam,…

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A Note on the Panama Papers Headlines

On Sunday, April 3, 2016, more than 11 million documents were leaked to the press by an anonymous source and published by the International Consortium of Investigative Journalists. According to some accounts, these documents, currently being called the Panama Papers…

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Watch for New Paid Sick Leave Rules for Some Workers

Last September, President Obama issued an executive order requiring federal contractors to allow employees at least seven days of paid sick leave. Proposed regulations issued in late February 2016 (subject to public comment until March 28) added flesh to the…

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