Final FLSA White Collar Exemption Rules Announced

Today the Department of Labor announced the new salary threshold for certain employees to qualify as exempt from minimum wage and overtime under the Fair Labor Standards Act’s White Collar Exemptions. Federal Law Alert – May 18, 2016 Effective December 1, 2016, the new minimum salary level will be $47,476 per year ($913 per week).…

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A Comparison between an LLC and an S Corporation

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Limited Liability Companies (LLC) and S Corporations are two of the most common choices of business entities in Orange County, California. Learn about the differences between these two business structures by reading through this article. How a Limited Liability Company is Formed An LLC is formed by filing certain documents with the California Secretary of…

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Successful Business Secret: Good Corporate Strategy

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All successful businesses in Orange County, California are established with a vision and a mission. For a company to have direction, realistic goals should be set when the business is conceptualized. To achieve the goals of a company the owner/s should formulate a good corporate strategy. Corporate strategy refers to the set of strategic plans…

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