Why Independent Contractors are Gold for Small Business
Employees1. Tax and Payroll Savings
Compared to employees, independent contractors save small businesses a lot of hassle, taxes, and paperwork. A small business does not have to do payroll for independent contractors; it does not have to…
Seal of Approval for Forfeiture for Competition Agreements
Business Contracts, EmployeesYou may know that non-compete agreements between an employer and an employee are problematic since there is always the real possibility that a court may find that the restrictions put on the employee in the agreement are unreasonable. …
Confidentiality Agreements between a Business and an Employee
Business Contracts, EmployeesA confidentiality agreement (also known as a Non-Disclosure Agreement) is meant to protect a business from misappropriation of valuable proprietary information by employees. Often it is a good idea to have one in place with your employees.
When…
Why using a Non Compete Agreement found on the Internet is a Bad Idea
Business Contracts, EmployeesA former employee taking customers from a business after having left the company's employ is many business owner's nightmare. Thus, many businesses try to prevent their employees from competing with them during and even after the employment…
Keeping your Employees’ Personal Information Safe- the Security Breach and Notification Act
EmployeesPicture this: Your accountant has access to all of your employees' records which she keeps on her computer system. One day, against better judgment, she leaves the laptop in her car. The laptop gets stolen. Next thing…
Your Employee’s Right to Party!
EmployeesDid you know that your employees have a right to pretty much do whatever pleases them outside of work? New York law (New York labor law Section 201-d 1.b.) prohibits employers from firing employees for "engaging in legal recreational…
Liability of New York Shareholders for Wages due to Employees
EmployeesIf you thought you were immune to liability as a shareholder of a New York corporation, know this: In New York, the ten largest shareholders, as determined by their shareholding, of every closely held corporation are personally liable…