By: Erika Baldino, VP of Business Development, Kensington Vanguard Sometimes, investors find themselves in situations where they are in possession of real property that they would like to sell. Unfortunately, such a sale will result in a large capital gains responsibility. Therefore, those investors might consider entering into a §1031 tax deferred exchange (§1031 Exchange)…
Tag Archives: GLCBusinessLaw
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Update: Winter 2020 brings a flurry of new legislation targeting worker misclassification and New Jersey’s anti-harassment laws.
By: Cristina N. Hyde, J.D. For the past two months, New Jersey legislators forged ahead with an overall agenda to address workplace protections both in the arenas of compensation and culture. Most recently, in February, Governor Murphy proposed legislation that would revise the state’s anti-harassment laws. The proposed legislation not only clarifies the definition of…
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At A Glance: What is a complimentary consultation?
By: Cristina N. Hyde, J.D. Campanella Law Office is excited to introduce a new blog series called “At A Glance.” The series will address commonly asked questions that arise within the fields of business law, health care law and real estate law. With this series, we hope to address frequent general inquiries as they arise,…
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UPDATE: Regulations related to New Jersey’s Earned Sick Leave Law have been finalized
By: Cristina N. Hyde, JD Last month, on January 6, 2020, the New Jersey Department of Labor and Workforce Development finalized the regulations related to the Earned Sick Leave Law (ESLL) that went into effect in October 2018. 52 N.J.R. 20 (a). Although the finalized regulations do not generate significant changes, they are accompanied by…
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Deadline Alert: The March 1, 2020, operative date for the New Jersey Transit Benefits Law is near and employers must prepare for implementation
By: Cristina N. Hyde, J.D. Last March, Governor Murphy signed legislation requiring New Jersey employers, who have more than twenty employees, to offer pre-tax commuter benefits to those individuals who are not already subject to a collective bargaining agreement. Simply put, Senate Bill No. 1567 provides for a pre-tax fringe benefit permitting an employee to…
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P.L. 2017, Chapter 283 revisited: New Jersey Assembly proposes extension to deadline for surgical practices to meet licensure requirements.
By: Cristina N. Hyde, J.D. The New Jersey Assembly has introduced legislation that would extend the deadline by which one-room surgical practices must be licensed. If approved, A1989, will toll the effective date of the original “One-Room Bill“, to July 1, 2020. Approved in 2018, the original bill was meant to take effect the following year,…
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When a Will is Not Enough
By: Nima Ashtyani, Esq., LLM Roughly half of all Americans don’t have a will, so if you’ve already taken this vital step to protect your assets and successors then congratulations are in order – you’re already ahead of the curve. While a will is a necessary document that every person who owns assets should have,…
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Perks versus pay: Department of Labor updates to regular rate requirements under the Fair Labor Standards Act take effect today.
By: Cristina N. Hyde, J.D. As of today, employers shall be guided by updated regulations defining the type of compensation that one may include, or one must exclude, within regular rate of pay calculations. Recognizing that the existing guidance under the Fair Labor Standards Act (FLSA), 29 USC 201 et al., remained relatively stagnant for…
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Happy New Year! 5 resolutions every small business should make this year
By: Cristina N. Hyde, JD With a new year ahead of us, Campanella Law Office LLC would like to share a collection of 5 action items every business should have on their calendar this year (and every year). By spending a few hours now, you can potentially save yourself time and money later in the…
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A well-planned estate: Gift your family ‘security’ for the holidays
By: Cristina N. Hyde, J.D. With the arrival of the holidays, it is natural for us to turn our thoughts to family, but many of us struggle to find our loved ones the perfect gift. Might we suggest the gift of a well-planned estate? Especially if you are a small-business owner, a well-thought out estate…