Monday, April 18, 2016
Source: The tax man cometh, and California rich – getting richer – pay most
See how California compares to other U.S. states, including the seven that have no personal income tax, here:
2016 Top State Marginal Income Tax Rates.
Thursday, April 14, 2016
New business growth slowed by 16 percent in Los Angeles and 26 percent in San Francisco; however, growth in Los Angeles (2.7 percent) was still lower than San Francisco (6.7 percent) in 2015;Source: UpCounsel's 2016 Los Angeles Business Law Report.
Los Angeles has one lawyer per 23 businesses, while San Francisco has one lawyer per eight businesses;
Growth in the number of newly barred attorneys in 2015 was comparable in Los Angeles (1.6 percent) and San Francisco (1.4 percent);
The number of newly barred attorneys across all of California in 2015 was the lowest it has been in 10 years;
Hourly billing rates are slightly higher in Los Angeles (on average $302 - $410) than in San Francisco (on average $293 - $408); and
Customer satisfaction with legal services in both Los Angeles (86 percent) and San Francisco (84 percent) is slightly higher than the California average (82 percent).
Monday, April 4, 2016
That is, unless the law's economic downturn provisions delay the implementation of the increases. After the $15.00 level is reached in 2022 (2023 for small employers) - or later if the governor delays implementation of the increases - then further increases tied to inflation will occur automatically.
Either way, Los Angeles' minimum wage law will increase the city minimum wage to $10.50 on July 1, 2016, with phased increases to $15.00 by 2020, and a similar Los Angeles County law will do the same thing outside of city limits.
The current California minimum wage can always be viewed on the Department of Industrial Relations website. Employers must generally comply with the highest of the U.S. federal, California state, or local city minimum wage where their employees work.
Jerry Brown Signs $15 Minimum Wage in California, Sacramento Bee, April 4, 2016:
California and New York become first states to commit to $15 minimum wage;
Bill expected to avert costly November ballot measure fight;
Labor unions celebrate, while Republicans and business groups groan
Sunday, February 7, 2016
President Obama has supported similar tax increases, but a Republican Congress has not enacted them.
Some estate planning techniques that critics term loopholes would remain under her plan, including some she and Bill Clinton have used themselves.
Thursday, June 25, 2015
[When] the members’ relationship turned bitter .... shortcomings in the operating agreement also contributed significantly to the parties’ legal postures and willingness to risk litigation.... I’m not suggesting that every lawyer-drafted LLC agreement is a model of perfection, but I found it incredible ... that a standard form operating agreement being sold online by a major company to the unknowing public as a more affordable alternative to using a lawyer could suffer from such a fundamental flaw that, in the end, only intensified the parties’ legal conflict.
Friday, June 19, 2015
Uber's assertion, if correct, that similar claims have been rejected in five other states highlights California's pro-employee labor laws.
The decision is a reminder that California small businesses desiring to keep or engage independent contractors need to do so only after consulting with an employment law attorney and implementing policies, procedures, and agreements that support the proper classification of the workers as "ICs" rather than "EEs". In some circumstances, this won't be possible, and the workers will need to be hired as employees, or - if already working as independent contractors - converted to employees.