Misclassification of an Administrative Employee under the Federal Labor Standards Act
Who is an administrative employee? An administrative employee’s primary duty is office or non-manual work. Their job relates directly to the
What are Sales Finance Companies?
A Sales Finance company engages, whether by purchase, discount, pledge, loan, or otherwise, in the business of acquiring, investing in, or lending money
What Are Merchant Cash Advances?
As a business owner, taking loans is sometimes necessary in order to either start your business orenter a new project or
What Is The National Mortgage Licensing System?
The National Mortgage Licensing System (NMLS) is a web-based system that provides anelectronic platform for the registration, licensing, and renewal of
Understanding Form BE-12: Foreign Investment and the U.S. Economy
Foreign direct investment (FDI) plays a significant role in shaping the global economy, and the United States has long been an
Do Foreign Nationals Pay Gift Taxes on the Transfer of their U.S. Assets?
What is a Gift Tax?A gift tax is a federal tax of up to 40%, tacked on to a transfer of
How Florida’s New Money Services Business Law Impacts Businesses
Cryptocurrency has become mainstream in many industries, and legislation is finally starting to catch up. State and federal legislators are beginning
When Are Non-compete Agreements Unenforceable?
Recently, the Federal Trade Commission (FTC) proposed a rule that would prohibit employers from using non-compete agreements or clauses (“non-competes”). The
Delaware’s Garnishment Exception
What is garnishment? Garnishment is the process by which a third party seizes assets in order to resolve a debt that
Understanding the Florida Uniform Commercial Code
As a business owner in Florida, you must understand what laws apply to you and your company. Commercial law is a