Schneiders & Associates Blog

Blog Authors

Latest from Schneiders & Associates Blog

Governor Gavin Newsom signed several new laws that will take effect at the start of 2023. Here are 5 new laws to be aware of as we ring in the new year!

Minimum Wage Increase

California’s minimum wage will increase to $15.50. The new state salary threshold will increase to $64,480. Fast food minimum wage will increase to $22 per

California employers are subject to countless federal, state and
local laws, imposing various requirements, including wage and hour and
anti-discrimination laws. Unfortunately, many employers – particularly small
businesses – are unaware of their obligations and violate various worker
protection laws, often resulting in expensive lawsuits, civil settlements and penalties.
Here are some common, costly mistakes employers make:

Misclassifying Non-Exempt Workers

The prevailing party in a lawsuit can recover their attorney’s fees from their opponent if there is a statute or contract providing this recovery. However, courts are allowed to reduce the amount of fees awarded if it appears that the attorney over-litigated the case.

It’s not unusual to receive a motion for award of attorney’s fees where, on close examination

The California Corporations Code, as well as common law not found in the statutes, provide for shareholder inspection and participation rights in a corporation.

California Corporations Code section 1601(a)(1) provides that any shareholder is entitled to inspect and copy the following, at any reasonable time during usual business hours for a purpose reasonably related to such holder’s interest as a

You have just lost a loved one. Then, you get a phone call from one of their creditors. This will very likely and very understandably catch you off guard. Why would a creditor of a deceased family member be contacting you regarding payment of an outstanding debt? Do you really have to pay? Understanding what happens to debt after someone

As the owner of a corporation, you have certain responsibilities to other parties that must be fulfilled. Although being a sole proprietor gives you more leeway, a sole proprietorship lacks any liability protection for its owner.  Business owners who use corporations or LLC’s for their business structure must be familiar with fiduciary responsibilities. These obligations extend to corporate officers and

An individual who has been named as a personal representative or executor in a will has a number of important duties. These include gathering the deceased person’s property and transferring it to the beneficiaries through a court-supervised process known as probate. In order to initiate this proceeding, the executor must first obtain what are referred to as letters testamentary. This

Roy Schneider will lecture at CLU’s Fifty and Better Lecture Series on the topic, “How Does Ethical Decisions We Make Impact our Businesses and Personal Lives?” The lecture will explore ethics; the definition, whether ethics and morality are the same, reasons people sometimes make clearly unethical choices, compliance with law and ethical considerations (i.e., can law mandate ethical behavior?), theories

Business partners, seeking to make their fortunes, form their LLCs at a moment when they expect to work together indefinitely, with good will between them and nothing but cooperation as their modus operandi. At this time in a business partnership, the idea of distrusting their business partner and needing to dissolve the LLC is furthest from their minds. Commerce demand