No Way Out

I frequently talk to my clients, particularly small business owners, about the need to have an estate plan.  Taking that theme one step further, business owners need to have an exit strategy. I am currently working with a couple of clients on succession planning. Many more businesses I represent need this planning, but have not […]

Department of Labor Announces New Minimum Salary Requirements

The Fair Labor Standards Act requires employers to pay employees overtime at a rate of 1 ½ times their normal hourly rate. However, employers can exempt certain categories of employees from the overtime requirement if they fit into an exempt job classification. The Department of Labor (DOL) sets minimum salary levels required to meet this […]