IRS Form 1099: What Lawyers and Clients Need to Know Lawyers and clients have ample reasons to care about IRS Forms 1099, which allow computer matching of Social Security numbers and dollar amounts paid. In most cases, Forms 1099 report income, so if you receive a Form 1099, check the...
BUSINESSES ARE FILING BANKRUPTCY AT THE FASTEST PACE SINCE THE PANDEMIC Corporate bankruptcies are surging. June saw the highest monthly bankruptcy filings since 2020. Supply chain issues continue; consumers are spending less; and retailers are closing brick and mortar locations. The pandemic stimulus set off a shopping spree that lasted...
New California Security Deposit Law Takes Effect Today, July 1, a new California law is now in effect limiting security deposits to one month's rent for both furnished and unfurnished units. This legislation, AB 12 by Assemblyman Matt Haney, D-San Francisco, was signed into law by Gov. Gavin Newsom in...
CALIFORNIA PRIVATE ATTORNEY GENERAL ACT (PAGA) CHANGES Employers: the California Private Attorney General Act (“PAGA”) is being amended to impose new limits on who can bring a PAGA action and the scope of Labor Code violations that a plaintiff employee can pursue; it will also create caps on penalties for...
FEDERAL COURT UPHOLDS CALIFORNIA’S AB5 ON EMPLOYEE CLASSIFICATION The full 11-judge panel of the Ninth Circuit Court of Appeals upheld California’s AB5, which redefined how courts determine whether workers are independent contractors or employees. This decision has significant implication for employers across the state. AB5, enacted in 2020 was originally...
CALIFORNIA UPDATES: TWO MANDATORY PAMPHLETS REQUIRED FOR NEW HIRES California made updates to two crucial pamphlets that employers are required to provide to new hires. (1) The “TIME of Hire” pamphlet provided by the California Department of Industrial Relations Division of Worker’s Compensation and (2) the “For Your Benefit” pamphlet...
California Seeks to Enact Its Own State Corporate Transparency Act California seeks to raise transparency regarding California business ownership by passing Senate Bill 1201, which seeks to impose on all domestic and foreign limited liability companies and corporations doing business in California the obligation to provide information about the beneficial...
Transportation Workers Might Be Able to Sue in Court Rather than Be Required to Arbitrate The U.S. Supreme Court recently clarified that transportation workers engaged in interstate commerce are exempt from mandatory arbitration under the Federal Arbitration Act (FAA). This exemption extends beyond traditional transportation industry employees like those at...
Employee Handbook Updates REQUIRED Update your employee handbooks! The California Legislature passed a whole slew of workplace reform bills that took effect January 1st. Several require California employers either to add new policies to their Employee Handbooks or revise and update existing policies. The changes/additions include everything from leaves of...
We want to Remind Employers that Starting July 1, 2024 You Need a Workplace Violence Preventive Plan By July 1, 2024, California employers are required to have a written plan against workplace violence. “Workplace Violence” encompasses any act or threat that may lead to physical harm, psychological distress, or undue...