Archive for the ‘Corporate Law Services’ Category
by Leonard A. Bellavia, Esq. Senior Partner, Bellavia Blatt & Crossett, PC Suppose your sales manager and credit manager have discussed at length how to increase the company’s extended service contract penetration and gross profit. One day, the credit manager runs up to the sales manager and shouts “Eureka!” The credit manager explains that she will […]
by Leonard A. Bellavia, Esq. The Fair Credit Reporting Act (“FCRA”) restricts a business’s ability to obtain, use, and share credit reports. In addition to these restrictions, FCRA requires businesses to provide certain notices to consumers applying for credit. Generally, companies should only obtain credit reports from consumers when they have express permission to do […]
by Leonard A. Bellavia, Esq. Senior Partner, Bellavia Blatt & Crossett, PC The Fair Labor Standards Act (“FLSA”) establishes the minimum wage, overtime pay, recordkeeping, and youth employment standards that your business must adhere to. You may not be aware that FLSA and its minimum wage provisions apply to salesperson pay. Even if you pay your […]
by Leonard A. Bellavia, Esq. The Internal Revenue Service recently updated Form 8300 (the “Report of Cash Payments Over $10,000 Received in Trade or Business”). You can download a pdf version of the new Form 8300 at http://www.irs.gov/pub/irs-pdf/f8300.pdf . Please take this opportunity to review your business’s cash reporting process and make any corrections as […]
by Leonard A. Bellavia, Esq. The past several weeks have seen significant rulings related to policies promulgated by the US Department of Labor and the National Labor Relations Board (“NLRB”). Each has been very active in issuing new regulations and initiating enforcement actions against employers on behalf of employees. During the first term of President […]