How to Fearlessly Start a New Venture My daughter, Taylor, just moved to Colorado Springs, Colorado, to set up her own clinical behavioral therapy practice. I’m incredibly proud of her — and not just because I’m her dad! She works hard and does a great job helping kids. Plus, I’ve had a lot of fun […]
Author: Matt Gibson
Newsletter – September 2022
How to Protect Your Business From Employee Issues Did you know that there’s a whole debate over who came up with the idea for Labor Day? Historians say two union leaders with very similar names — Peter McGuire and Matthew Maguire — have a claim to the title. Either way, the holiday definitely came out […]
Exempt versus Nonexempt
The Fair Labor Standards Act (“FLSA”) applies to employees (not independent contractors) and, among other provisions, generally imposes minimum wages for hours worked and requires overtime pay for time worked in excess of 40 hours in a single workweek. These requirements generally apply to all employees unless their job duties fall within five recognized exemptions: […]
Employee or Independent Contractor?
Employers should be careful when classifying a worker as either an independent contractor or an employee because this determination impacts more than just payroll tax considerations. Among other issues, worker classification can affect (1) minimum wage and overtime pay requirements; (2) employment benefits; (3) insurance considerations; and (4) liability issues. If an employer-employee relationship exists, […]
Newsletter – August 2022
The Best Thing You Can Do for Your Kids A few months ago, my wife and I were on a cruise with my mom and stepdad when they dropped a bomb on us. Over dinner on night one, they announced they had big news. Our immediate first thought was, “You’re selling the house.” Sure enough, […]
Newsletter – July 2022
Your Secret Weapon for Startup Success When I turned 16 in September 1980, my parents handed me the keys to my very first car: a white ‘76 Chevy Nova. I was one of the first kids in my entire high school class to get my driver’s license — so you can imagine how popular I […]