Compliance Stuff

Working from home has become the new norm for many workers. Even before COVID-19 forced businesses to send their employees home, there were around 4 million Americans who worked remotely for at least half of the week. In addition, many companies now see remote or hybrid work as a benefit to attracting and retaining workplace talent. This article covers: Payroll requirements Foreign qualification Permits for your remote employees Tax nexus considerations Classification of remote workers Privacy and data security Workers compensation Unemployment insurance Hybrid employees Properly document working arrangements But there may be additional compliance requirements when an employee works outside a business’ home state. With remote workers, there may be tax implications, new registration requirements, and more. Unfortunately, such considerations are sometimes a surprise to employers who don’t have an HR department or lack an understanding of the implications of having remote employees. Here...

  Cutting ties with business partners is a delicate and often complex process. Whether driven by irreconcilable differences, strategic shifts, or personal reasons, disengaging from business partners requires careful consideration of legal obligations and procedural requirements. In this article, we explore some of the key steps involved in terminating a relationship with business partners who are co-members of a limited liability company (LLC). 1. Review the Operating Agreement The Operating Agreement of an LLC serves as the blueprint for the LLC's operations, outlining the rights, responsibilities, and procedures governing the company and its members. Before initiating any steps towards dissolution, review the Operating Agreement and seek legal counsel to ensure you understand the provisions related to member withdrawal, sales of member interest, and dispute resolution.  If there are multiple members of an LLC, you definitely should spend the time up front to negotiate the te...