Bottled Business Sense Show

Determining whether a California worker is an independent contractor or an employee has never been an exact science, with a lot riding on correct classification. The California Supreme Court recently tried to simplify the issue by adopting a new "ABC" test for California for claims under the IWC Wage Orders for minimum wage, overtime pay, and meal and rest period violations.   

Learn about these important changes in this episode of the Bottled Business Sense Show. 

WFB LEGAL CONSULTING--LAWYER FOR BUSINESS--A BEST ASSET PROTECTION Services Group  

Bill Bernard – WFBLegalConsulting.com bill@wfblegalconsulting.com 949.698.6222  

Rick Moscoso – Captivate365.com rick@captivate365.com 949.667.1182  

The Bottled Business Sense Show provides practical business perspectives that uniquely emphasize both legal and media marketing strategies that protect and insure the longevity of your business.  

WFB LEGAL CONSULTING--LAWYER FOR BUSINESS--A BEST ASSET PROTECTION Services Group  

http://bottledbusinesssenseshow.com

Millions of Americans die each year without any type of estate plan in place, and this forces their families into the court system, where they experience huge expenses with probate and significant time delays. Yet there are even more creative reasons why you should have a Living Trust which reach far beyond this most basic and important concern.  

Learn about all of these reasons on this episode of The Bottled Business Sense Show.  

WFB LEGAL CONSULTING--LAWYER FOR BUSINESS--A BEST ASSET PROTECTION Services Group  

Bill Bernard – WFBLegalConsulting.com bill@wfblegalconsulting.com 949.698.6222  

Rick Moscoso – Captivate365.com rick@captivate365.com 949.667.1182  

The Bottled Business Sense Show provides practical business perspectives that uniquely emphasize both legal and media marketing strategies that protect and insure the longevity of your business.  

WFB LEGAL CONSULTING--LAWYER FOR BUSINESS--A BEST ASSET PROTECTION Services Group  

http://bottledbusinesssenseshow.com

Although a trust can be a permitted shareholder in an S corporation, only certain kinds of trusts are so permitted under Section 1361 of the Internal Revenue Code. If a trust is not one of the trusts specifically authorized by the Internal Revenue Code, however, and becomes a shareholder, the Corporation ceases to be a qualified S corporation and will be taxed as an ordinary C corporation. Thus, when a Living Trust becomes the owner of S corporation stock, there can be resulting difficulties for both the Grantor’s heirs and for the S corporation itself if an estate lawyer is not involved.  

Learn more in this episode of The Bottled Business Sense Show.  

WFB LEGAL CONSULTING–LAWYER FOR BUSINESS–A BEST ASSET PROTECTION Services Group  

Bill Bernard – WFBLegalConsulting.com bill@wfblegalconsulting.com 949.698.6222  

Rick Moscoso – Captivate365.com rick@captivate365.com 949.667.1182  

The Bottled Business Sense Show provides practical business perspectives that uniquely emphasize both legal and media marketing strategies that protect and insure the longevity of your business.  

WFB LEGAL CONSULTING–LAWYER FOR BUSINESS–A BEST ASSET PROTECTION Services Group 

http://bottledbusinesssenseshow.com

In simple terms, a severance agreement is an enforceable contract that an employer provides to an employee upon termination. Often severance agreements can include waivers of certain rights as well as confidentiality provisions. Their intent usually depends on each unique circumstance and the facts leading to the termination of employment.  

Learn about the important restrictions associated with these agreements, and what every employee and employer should know about them, in this episode of the Bottled Business Sense Show.  

WFB LEGAL CONSULTING--LAWYER FOR BUSINESS--A BEST ASSET PROTECTION Services Group 

Bill Bernard – WFBLegalConsulting.com bill@wfblegalconsulting.com 949.698.6222  

Rick Moscoso – Captivate365.com rick@captivate365.com 949.667.1182  

The Bottled Business Sense Show provides practical business perspectives that uniquely emphasize both legal and media marketing strategies that protect and insure the longevity of your business.  

WFB LEGAL CONSULTING--LAWYER FOR BUSINESS--A BEST ASSET PROTECTION Services Group

http://bottledbusinesssenseshow.com  

Deeds can also be useful when dealing with inheritance issues and the transference of property upon one’s death. There are many different types of deeds that can interact and be utilized as part of your estate planning goals.

Understand the ramifications as well as the scenarios in which these deeds are used by tuning in to this podcast of The Bottled Business Sense Show.

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WFB LEGAL CONSULTING–LAWYER FOR BUSINESS–A BEST ASSET PROTECTION Services Group

Bill Bernard – WFBLegalConsulting.com bill@wfblegalconsulting.com 949.698.6222

Rick Moscoso – Captivate365.com rick@captivate365.com 949.667.1182

The Bottled Business Sense Show provides practical business perspectives that uniquely emphasize both legal and media marketing strategies that protect and insure the longevity of your business.

WFB LEGAL CONSULTING–LAWYER FOR BUSINESS–A BEST ASSET PROTECTION Services Group

A successor trustee is tasked with managing the assets in your trust. This responsibility only kicks in, however, once you can no longer effectively serve as your own trustee.  A successor trustee will eventually  transfer your assets to your beneficiaries but must fulfill certain fiduciary duties before doing so.   Learn more in this podcast of the Bottled Business Sense Show.   

http://bottledbusinesssenseshow.com  

https://www.avvo.com/legal-guides/ugc/duties-of-a-successor-trustee-following-the-death-of-the-settlor

Whether you’re a sole proprietor and your company’s only employee, or a corporation with 40 employees; employers are responsible for collecting and paying employment taxes to both federal and state tax agencies. However, while federal payroll taxes are the same no matter where your business is located, state employment taxes differ.   

In this podcast, we will explore the obligations of employers and what employees should also know.

A lot of entrepreneurs wonder what state should be used to incorporate a new business. Is it their own state or another state? There is no specific answer to that question, however, there are definite benefits for some businesses to incorporate in states other than where they initially conduct business.  

Join us as we explore some of these options in this podcast.

The main reason people form LLCs is to avoid personal liability for the debts of a business they own or are involved in. By forming an LLC, typically only the LLC is liable for the debts and liabilities incurred by the business—not the owners or managers. However, the limited liability provided by an LLC is not perfect and, in some cases, depends on multiple factors, including in what state your LLC is formed. 

Tune in to learn more.

Does your business need to collect sales tax and remit it to the state or local tax authority? And if it does, how do you go about getting a sales tax license? Moreover, what if your business is selling your products across state lines? Do you need to charge and remit sales tax in those states as well? 

Learn what you need to know in this podcast.

Workplace bullying is defined as repeated, health-harming mistreatment at work. Workplace bullying can include verbal abuse, intimidating or humiliating behavior, or even interference with the victim’s work. But is such conduct by a boss or supervisor in the workplace illegal? 

Find out the important distinctions in California harassment laws in this podcast of the Bottled Business Sense Show.

http://bottledbusinesssenseshow.com

One of the significant advantages of utilizing a trust in estate planning is that it allows flexibility in distribution of assets even after the death of the Settlor who created the trust. That same type of flexibility, though in a more limited sense, may be created by use of Powers of Appointment which allows an appointed person to elect who is to receive a distribution at a later time. 

Learn about this important Estate Planning tool in this podcast.

http://bottledbusinesssenseshow.com

Question... My husband and I started a business recently and formed an LLC.  We are confused about whether we should be filing a Schedule C as a Sole Proprietor or Partnership Form 1065. Are a husband and wife considered one member or partners in an LLC?  Learn more our podcast.