Archive for Business News – JC Cancelleri, PC

If they work, (without your approval) must you pay?

Last month I wrote about how mis-classifying employees as independent contractors can result in a company’s being sued and having to pay $$$ in back wages and fines. Today I’m writing about a related subject that can also blind side a company resulting in paying back wages and fines and penalties. I’m referring to the [...]

House underwater? Here are some options.

Thousands if not millions of Americans have homes that are underwater, meaning they owe more than the house is worth. If refinancing is not an option and if continuing to make the mortgage payment is increasingly difficult to where foreclosure may be a reality, here are some options. First if your bank is threatening to [...]

To Quit or not to Quit, that is the Question.

It’s an unfortunate and regrettable fact that many marriages end in divorce. When couples decide to divorce one of things they generally have to do is decide who gets what. This often includes dividing up their real and personal property in an equitable fashion. In some cases couples decide to sell their house meaning both [...]

Reduce heartaches and headaches: Have an Estate Plan

The consequences of not having an estate plan or not having an updated estate plan can be significant and even devastating. My family has learned this due to the lack of planning and faulty planning on my parents part. An estate plan includes numerous documents including a will, a durable power of attorney (POA) and [...]

Misclassifying staff can cost $$$

During a recent conversation with an employment commission staff person, I asked what was the most common mistake businesses make. Without much hesitation the staff person said it was designating individuals as independent contractors when they are really employees. There are several consequences with treating individuals who are really employees as independent contractors. The first [...]

If You Build It, “Trust”, They Will Come

Rick Warren, author of the best seller, “The Purpose Drive Life” says life is a test, life is a trust and life is a temporary assignment. If that’s true we need to ask if our business and other relationships are based on principles and practices that build and model trust. What are some of the [...]