Current Events Archives - Springboard Legal

Why Customer Concentration is Such a Giant Risk

I know you've heard the phrase, don't put all your eggs in one basket. But that is exactly what you are doing when you have a high customer concentration. Customer concentration is when you have too much revenue coming from

Preparing Your Business for an ICE Raid

In all my years as a corporate attorney, CFO, and consultant, I never expected that I'd be writing up ICE policies for my clients. But yet, here I am, having to prepare my clients - a mix of law firms,

The Changing Legal Landscape of HR in 2025

Do you have employees? Then you need to watch this webinar from Kimberly DeCarrera of Springboard Legal and Gwenevere Crary of Guide to HR as they discuss all the changing employment laws and best practices as we enter 2025. Recorded

Bench Accounting Closes: Next Steps for Clients

On Friday, Bench Accounting, the Canada-based online bookkeeping and tax platform, abruptly announced that it was closing, effective immediately. Suddenly, Bench's clients were unable to access their data and information. That's a scary situation for businesses, especially as it is

Google Cracking Down on Site Reputation Abuse SEO Tactics

Marketing businesses online generally means a business website. Finding that website is often the work of online searches through Google and other search engines. That's where SEO comes in - search engine optimization. This week, Google announced that they are

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

Corporate Diversity in 2024: What Companies Should Be Doing

Diversity in the workplace remains an important topic and issue, facing companies of all sizes. It may have come under fire recently as companies look for budgets to cut, but that does not mean that we should be leaving corporate

FUTA Credit Reduction Hitting California and New York Employers in January

This January, employers in California and New York will be paying a little extra to repay the states' loans from COVID-era unemployment claims. Both states have outstanding unemployment tax trust fund loans from the federal government. As a result, employers

Preventing Fraud in Your Business

As you grow your business, you have to delegate to employees to handle critical areas of the business. There's no other way to scale - you cannot micro-manage all the departments as you continue to get bigger and bigger. The