Reporter Jaccii Farris of WFMZ 69 TV took on the story of how PA House Bill 561 is trouble for professional musicians and DJ. The video of the broadcast is below.
Selling your business can be one of the largest and most financially important transactions of your life. In almost 20 years as a transactional lawyer, I've learned a few rules of thumb that can help ensure you have a smooth sales process.
Whether you have built up your business over decades, or your business has developed quickly, selling a business can be a tricky process. It may have taken you five years or twenty years, but either way, starting and growing a business to maturity is an all consuming proposition.
Many times, the sale of a business can set up your retirement if you can realize enough value from the transaction. But how do you begin?Read More
The Fair Labor Standards Act is the federal law that regulates, among other things, overtime pay for US workers. It has been a source of concern for small and big businesses that the US Department of Labor was set to enact - effective December 1, 2016 - a new rule which raised the salary cap below which workers must receive overtime pay from $455 a week to $921 per week (the "Overtime Rule"). In other words, the new Overtime Rule was about to make roughly 4 million more workers eligible for overtime: almost all workers who earned up to $47,892.00 annually.
This rule applied to all organizations: both for profits and non profits.
The compliance aspects of this were messy to say the least.Read More