Kimberly DeCarrera, Fractional General Counsel and Fractional CFO

Business Owners, Not Vendors, Should Own Their Accounts

It sounds like a basic "duh" statement that businesses should own their accounts. But let me tell you, a lot of businesses have ceded complete control over vital systems to third-parties. And that has ultimately hurt their companies, costing them

Prepare for Year-End for a Great 2025

Whether it is the pumpkin spice lattes in your coffee cups or Christmas decorations in your local Costco, when did you realize that we are coming up quickly on the end of the year? Less than 4 months to go

Written Information Security Plan Required for Financial Companies

Have you asked your Fractional CFO for their Written Information Security Plan (WISP)? Do you even know what a WISP is? Let's take a look at what a WISP is and what it contains. And why they are important to

FTC Rule Bans Fake Reviews, Social Media Influence

Tired of fake online reviews? Well, so is the Federal Trade Commission. On Wednesday, the FTC voted unanimously to ban marketers from using fake reviews and other misleading practices to promote their products and services. The final rule (pdf) will

The 3 Basic Financial Statements for Business Owners

Finances are like the scorecard that tells you how well your business is performing. But is the thought of business finance like getting a lab report after a doctor's visit: total confusion, like you are reading Greek? Let's dive into

When Managers are Liable under the FLSA

Did you know that a non-owner wage-earning manager could have personal liability under the Fair Labor Standards Act for unpaid overtime and minimum wage violations? A new 11th Circuit opinion sheds light on exactly this scenario. Background on the Spears

Court Dismisses Anti-DEI Lawsuit Against Hello Alice

After the Supreme Court's decision in Students for Fair Admissions v. Harvard in 2023 that said colleges and universities could not expressly consider race in the admissions process, we knew it was only a matter of time until similar groups

[WEBINAR] Mid-Year Update on U.S. Employment Laws

2024 has already been a wild ride for companies as they adjust to new and pending employment laws. Join Springboard Legal's Kimberly DeCarrera and Pinnacle Connections HR's Karen Brieger as they discuss the laws that affect employers. Join us on

Court Halts DOL Increase of Minimum Salary for Overtime Exemption

BREAKING NEWS: Today, November 15, 2024, a federal court judge in Texas halted this rule nationwide. More information below. On Tuesday, April 23, 2024, the U.S. Department of Labor issued a new rule raising the salary thresholds for employee overtime

FTC Issues Rules Prohibiting Non-Competes in Employment

Today, April 23, 2024, the Federal Trade Commission (FTC) issued a final rule on employment non-competes. The Commissioners voted 3-2 to issue the final rule. The FTC estimates that by banning non-competes that there will be a 2.7% rise in