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The Virtual Attorney Blog

couple with kids

Chances are at some point or another you and your spouse have brought up the topic of estate planning. Whether it was talking about writing wills or how to plan for retirement, it’s a common discussion for married couples to find themselves in. Often, though, couples are not entirely familiar with the planning doors marriage opens up.

From unlimited lifetime gifting, to passing large sums of money upon the death...

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celebration champagne toast

Welcome to 2017! If you’re like me, you’ve spent the first few days of the New Year trying to get organized and set some goals for the year to come.  Whether it’s a new workout regimen, quitting smoking, spending more time with family, or something else, the start of a new year presents a natural opportunity to make some small changes to improve ourselves and our...

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gold question mark

So you’ve gone through the analysis and decided that a corporation (rather than a partnership, LLC or other entity) is the appropriate formal structure for you business.

You’ve filed your articles of incorporation with the state, paid the required filing fees and received confirmation that your articles have been approved and your business...

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Overtime protections were first put into place by the Fair Labor Standards Act of 1938, and established the general standard that workers be paid time-and-a-half for any hours worked over 40 hours in a week.  In general, all hourly employees are guaranteed overtime, and salaried employees are presumed to have the same guarantee unless they both: (1) make more than a salary threshold set by the Department of Labor, and (2) pass a test demonstrating that they primarily perform executive, administrative, or professional duties. 

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unpaid internship

An ever-popular method for small businesses to acquire some extra—albeit temporary—hands on deck is to hire interns. Typically college students with similar career aspirations are eager to gain some real life experience, or at minimum a few lines for the old resume. So, with motivated college students at the ready to perform some of the more mundane tasks that small businesses have to deal with, owners are understandably eager to jump at the chance to bring in some free—or at least low cost—young workers.

But, as good as that...

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employee vs contractor

The prospect of hiring workers, while exciting, can be intimidating to new business owners, Employment law can be a confusing and time-consuming minefield, and the consequences of making a mistake can range from costly to financially devastating. Generally, employers must consider a number of new responsibilities, including withholding income taxes, paying Social Security and Medicare taxes,unemployment tax and insurance not to mention the bevy of registration and compliance requirements at the local, state and federal level. 

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