As spring approaches, we urge business owners to prioritize their compliance with corporate, federal, and legal requirements. It's a critical step in ensuring your business stays on track and avoids potential pitfalls down the road. Here's how Chase Law Group, with its wealth of experience and expertise, can guide you through each aspect of compliance and beyond: Tailored Expertise Across Industries and Stages: With years of experience assisting businesses of all sizes, types, and industries, our firm understands the unique challenges you face. Whether you're a startup carving out your niche, a growing enterprise navigating expansion, or an established corporation... READ MORE

Last year California passed SB 553, which is now Labor Code Section 6410.9, a first in the nation law requiring employers to implement a Workplace Violence Prevention Plan (“WVPP”).  The new law mandates that employers create and implement a WVPP no later than July 1, 2024.  The WVPP must comply with key requirements of the new law, which will be enforced by Cal/OSHA, who may issue citations and penalties for violations. Section 6401.9 applies to all California employers, with the following exceptions: Employers who are already covered by the Workplace Violence Prevention in Healthcare standard (or employers that already comply... READ MORE

At Chase Law Group, we've had several inquiries with regard to the status of compliance with the Corporate Transparency Act (“CTA”) in light of the March 1, 2024 ruling by the federal district court in the Northern District of Alabama in the National Small Business United v. Yellen, No. 5:22-cv-01448 (N.D. Ala.) wherein the court found the CTA to be unconstitutional and enjoined enforcement of the CTA as to the parties in that case only. In a notice issued by the Financial Crimes Enforcement Network (FinCEN) on March 4, 2024 with regard to the ruling, FinCEN advised that “the government... READ MORE

Benefits of Having a Corporation In the real estate industry, there are many complexities of legal and financial matters involved in property transactions. Establishing a corporate structure provides real estate agents numerous advantages, ranging from tax benefits to liability protection. By operating through a corporation, agents can potentially reduce tax burden and shield personal assets from business-related liabilities, providing invaluable peace of mind in an inherently risk-laden industry. Without setting up a corporation, real estate agents operate as sole proprietors or in partnerships, exposing themselves to significant risks. They may face personal liability for business debts, lawsuits, or legal claims... READ MORE

When employers interview job candidates, they appropriately focus on questions that will obtain information they need to hire the right person. However, they must also be sure that they do not ask questions that are prohibited under California law and that can potentially lead to lawsuits including those for discrimination. California employers with five or more employees are covered by the California Fair Employment & Housing Act (FEHA) which prohibits discrimination based upon age, ancestry, color marital status, medical condition, national origin, physical disability, religion, sex or sexual orientation, and military status. (Employers with fewer than five employees should also... READ MORE

Starting a small business in 2024 involves navigating various legal requirements and we've put together a short list of factors to consider when starting your business. This list is not exhaustive but these quick tips and resources below are important to understand and get in place when you launch. Business structure selection is paramount, ranging from the simplicity of a sole proprietorship to the liability protection of a corporation or the flexibility of a limited liability company (LLC). Each structure carries distinct tax implications and operational considerations. Business name registration is essential, whether through entity names, trademarks, "doing business as" (DBA)... READ MORE

As we step into 2024, small businesses may face evolving regulations. From the Corporate Transparency Act to the nuanced IRS reporting rules and the watchful eye of the Consumer Financial Protection Bureau (CFPB), business owners must be aware of these areas. In this article, we share a few key regulatory changes to keep an eye on for 2024. Stay informed, stay compliant, and stay ahead with these insights. Corporate Transparency Act & Registering with FinCEN Starting on January 1 2024, your company may be required to report information about the people who own or control it to the US Treasury... READ MORE

Time to Revisit Your Arbitration Agreement: Courts Issue Significant Decisions Regarding Arbitration Agreements In a significant decision for employers, in January 2024 a federal court in the case of Chamber of Commerce of the USA et al. v. Becerra, et. al. issued a permanent injunction barring California from enforcing Assembly Bill 51 which forbid employers from requiring arbitration agreements as a condition of employment.  The recent decision ends a recent period of time of uncertainty as the case went through the appeals courts, and only voluntary arbitration agreements could be entered into with employees. Based upon the decision, California employers... READ MORE

It's easy to overlook updating corporate minutes amidst the hustle and bustle of running a small business. However, neglecting this essential responsibility can have significant consequences for the health and success of your company or organization. Corporate minutes serve as a crucial record of key decisions and actions taken during company meetings, and maintaining accurate and up-to-date records can be a game-changer for small businesses. Even for single-owner companies, keeping your corporate minutes updated still remains pivotal. While the process may be less complex, not having multiple stakeholders, it is just as important for maintaining legal clarity and safeguarding the... READ MORE

There are many steps that should be taken before buying a franchise. The most-important is to read the entire Franchise Disclosure Document or “FDD” (that lengthy document that the franchisor provided to you, probably by emailing a .pdf copy to you). If you’re serious about this franchise, you should also have a lawyer who is experienced in franchising review the FDD; there are lots of issues an experienced franchise lawyer can spot that you might miss.  After you have read the FDD, it is very important that you call franchisees (in a small system, you may be able to call... READ MORE