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New U.S. House Legislation Related to Coronavirus

Byadmin

March 18, 2020 An update about the recent legislation passed by the US House of Representatives, H.R. 6201, “Families First Coronavirus Response Act.” It could have several impacts on employers. Please note that this is just the House legislation. It has not yet been acted on by the Senate. This may change these provisions. Remember,…

A Legal Carol: Rudman Winchell’s Past, Present & Future
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A Legal Carol: Rudman Winchell’s Past, Present & Future

Byadmin

In the spirit of Dickens’ timeless tale, join us on a legal odyssey through the past, present, and future of Rudman Winchell—a story of tradition, innovation, and an unwavering commitment to the people, businesses, and communities of Maine. Past: Where We’ve Been – A Glimpse Through the Legal Ghosts of Christmas Past Imagine the year…

DOL Releases Families First Coronavirus Response Act Posting

Byadmin

March 26, 2020 Late yesterday, the DOL released the explanatory notice referred to in the Families First Coronavirus Response Act (FFCRA). The notice is mandatory. It must be posted by all covered employers immediately. The notice can be found here. The following is some additional information provided by the DOL. The Notice must be posted in…

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News: Emergency Preparedness Reminder

Byadmin

Emergency Preparedness ReminderBy Anne-Marie Storey I spoke at the Emergency Preparedness Conference in Augusta yesterday on employment issues that can arise from such situations and thought this would be a good opportunity to remind you about potential wage and hour issues arising from emergency situations. Employers are only required to pay non-exempt employees for hours…

Tax Planning: How Can I Minimize My Tax Liability?

Tax Planning: How Can I Minimize My Tax Liability?

Bymjohnson

Effective tax planning is essential for individuals and businesses to minimize tax liability and maximize financial efficiency. Understanding strategies and options can help you achieve significant tax savings. Importance of Tax Planning Tax planning involves analyzing your financial situation and implementing strategies to reduce your tax burden. This proactive approach can help you: Key Tax…

Is Debt or Equity Financing Better for My Business?

Byadmin

Recently a client sent me a financing contract from a “hard money” lender. This lender was willing to lend my client $150,000 at an interest rate of over 20%. Upon the lender’s granting the loan, the loan principal would jump from $150,000 to $225,000. These loan terms were considered within the “normal” range for this…