'The Beverly Hills Chamber of Commerce has given me wonderful access to the City Leaders and I have the utmost respect for all the individuals involved at the city planning level.'
John Bendheim – President - Bendheim Enterprises, Inc. More
A trust is generally defined as an arrangement where a person, called a trustee, holds assets for the benefit of one or more beneficiaries. The grantor is the person who places assets in the trust. The advantage of a trust is that it generally avoids probate, i.e. proceedings to pay the estate’s debts and distribute […]
As businesses further digitize, the threat of wire fraud keeps businesses and customers at risk. A person can scheme to defraud or obtain money based on false representation or promises, using electronic communication. Every piece of information about your business and customers could be potentially breached. Homestead is heavily invested in cybersecurity and the most […]
Approximately 15 years ago California became the first state to provide paid time off to workers to care for a new child or ailing family member. The law, which is funded by required worker contributions, provides for up to 6 weeks of wage replacement in connection with certain qualifying events, which events include the temporary […]
When it’s a service charge. Revenue Ruling 2012-34 was issued by the Internal Revenue Service to provide guidance to employers and employees on the difference between tips and service charges as well as on certain reporting requirements. The ruling states, among other things, that service charges paid to employees are taxable as regular wages and not […]
What will you do? We live in The Information Age. Increasingly, business success depends on the ability to obtain, maintain and intelligently utilize increasing amounts of digital information. Unfortunately, it is also The Age of the Data Breach. The total average cost of data breaches paid by organizations was $6.5 million. Losses result from not […]
We have all lived in a highly regulated, pro-employee environment for years. Moreover, there is no hiding it; employers are bombarded by news about the hazards of having employees which illustrate the various pitfalls, often in painful detail. Yet, I continue to hear from employers desperate to terminate a problem employee, an employee who has […]