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Failure to Pay Overtime Can Lead to Criminal Consequences and Extensive Penalties
This content has been archived. It may no longer be relevantIt is hard to imagine that, as a company owner, you could be criminally prosecuted for failing to pay proper minimum wage and overtime compensation to employees. However, this is exactly what happened recently to the owner of nine Papa John’s pizza franchises in New…
A Conversation with Joe DeMattos, President and CEO of Health Facilities Association of Maryland
Advocating for long-term healthcare providers to improve the quality and cost of services across Maryland Joe DeMattos is the president and CEO of Health Facilities Association of Maryland (HFAM), the largest, oldest, nationally-affiliated association of skilled nursing and post-acute care providers in Maryland. Since 1948, HFAM has been dedicated to advocating for Maryland’s community of…
Offit Kurman Announces Second Expansion in Baltimore
Offit Kurman is growing in Baltimore, Maryland once again. Effective August 31, 2015, the law firm will close its offices in Owings Mills to consolidate its Baltimore-area team of attorneys into one expanded location: the entire 20th floor at 300 East Lombard Street. The move signifies a new stage in Offit Kurman’s development in the region,…
The Weekly Scenario: Remainderman & Estate Planning
Question: My mother gave my sister a life estate in property documented by a life estate deed. I have been given the remainder interest after my sister’s death. If I pass away before my sister, what would my estate need to do? Answer: During the lifetime of the life estate owner, the only interest of…
A Conversation with Brian Razzaque, CEO of SocialToaster on Their Funding
Click here for Part 1 & Part 2 Empowering brands and artists with social marketing that turns fans into superfans Brian Razzaque is the CEO of SocialToaster, a social media marketing platform designed for brands and artists to leverage the influence of their biggest fans. SocialToaster’s engagement platform amplifies the reach and visibility of “superfans,” equipping…
Read | Delete: Estate Planning & Family Business
Nearly a third of family business owners (31.4 percent) have no estate plan beyond a will. Only 53.5 percent of these owners reported having a “good understanding” of estate taxes that could be due. This is despite the fact that estate plans can help significantly reduce and sometimes eliminate federal estate or state inheritance taxes….
A Video Conversation with Marty Schwartz About Vehicles for Change’s Impact On Low-Income Families
Click here for part 1 Improving the quality of life and work for low-income families through donated vehicles Marty Schwartz is the president, CEO, and founder of Vehicles for Change. Established in 1999, Vehicles for Change provides low-income families with donated, renovated cars, as well as technical training for jobs in the automotive industry. The…
Offit Kurman Franchise Lawyer Brian Loffredo Debunks Common Franchising Myths
Countless business owners have considered franchising, but few take the step to become a franchisor or franchisee. Why? While franchising remains a popular idea, trusted resources on the topic for newcomers are scarce. If you are searching for quality information about franchising, Offit Kurman attorney Brian Loffredo is here to help. With more than fifteen…
Biz Tek Today: Passion Meter
Becoming the owner of a business is a lifelong dream for many people. There are so many choices of business and many resources out there to assist in the process (see the article below on buying a business which provides a good 25 point checklist). However, what sometimes can get lost in the process is…
To Tip or Not to Tip
Calculating the tip at the end of a meal is as ingrained into our dining experience as the complimentary breadbasket or a glass of ice water. Although a perennial headache for the mathematically challenged, the practice of tipping wait staff after a meal is firmly entrenched in the United States. Tipping policies are advantageous to…
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