A limited liability company (1 is a business structure that combines some of tin: best features of sole proprietorships, partnerships, corporations. LLC owners like their counterparts for partnerships or sole proprietorships. report profits or losses on their personal income tax returns. Like a corporation, however, the owners of an LLC have "limited liability," that is. they are shielded from personal liability for debts and claims arising from the business. Limited Liability The limited liability for LLC owners is not absolute. Owners still can be held liable if they (I) personally and directly injure someone; (2) personally guarantee … [Read more...]

The federal Family and Medical Leave Act (FMLA) gives eligible employees the right to up to 12 weeks of leave per year, which may be taken intermittently for certain specified reasons, including the care of designated family members with serious health conditions. The FMLA also prohibits an employer from interfering with, restraining, or denying the exercise of or the attempt to exercise any right given under the FMLA. One of the bases upon which an-employer-can-defeat-an FMLA "interference" claim is a showing by the employer that an employee did not, in fact, take leave for a purpose authorized under the FMLA. Naturally, the availability … [Read more...]

It is a sad and sobering reality that scam artists intent on committing financial fraud or the outright stealing of money, property, or valuable information prey upon vulnerable senior citizens. The threats can take many forms, but the elderly and those watching out for them can have some measure of protection by taking a few basic precautions. •           Do your homework when selecting a professional advisor, even if the advisor comes highly recommended by a friend or family member. This means confirming that the person is registered or licensed and has not left a trail of mistreatment of other … [Read more...]