Thursday, January 1, 2009

California Secretary of State and FTB To Introduce LLC Suspension Program in 2009

Happy new year. And with the new year comes changes to various state and federal laws. Among others:

The new cell phone law prohibits text messaging or reading or writing emails while driving.

Covered employers will be affected by changes to the federal Family and Medical Leave Act (FMLA) and should have their employee manuals reviewed and revised accordingly. A new workplace poster is available here: 2009 FMLA poster

The definition of a disability under the Americans with Disability Act (ADA) has been broadened.

The time limits for filing a discrimination claim under the Civil Rights Act of 1964 and the Age Discrimination in Employment Act were extended.

In 2009, the California Franchise Tax Board (FTB) and Secretary of State (SOS) will be allowed to suspend limited liability companies (LLCs) that do not comply with various FTB and SOS filing and tax payment requirements. The FTB and SOS already do this for corporations, but up until now, the law had prohibited them from doing so with LLCs. This changes makes proper business entity maintenance, already crucial for ensuring maximum tax and limited liability advantages, all the more important. LLCs that are not being used should be dissolved while still in active status.

See also: 2009, Time To Incorporate?


Probate attorneys san diego said...

I am glad that there are laws in placed to force drivers to pay full attention while driving. Do I think this will end dialing, texting, and emailing while driving? No of course not, but it will certainly give drivers a second thought when using their communication device while behind the wheel.

dvd backup said...

You know I just had a conversation with a friend about this and I thought that holding the phone to your ear while driving was illegal, but the use of a hands-free device and even texting/dialing were legal? We talked for hours how contradicting it was to ban talking with your phone in one hand, yet allow people to text and dial while driving. I guess we were just misinformed.