Month: October 2024

You Can Do What? – Disproportionate Distributions By S Corporations

October 30, 2024

Introduction S corporations are popular among businesses because they afford shareholders the liability protection of a corporation, while having the pass-through tax aspects of a partnership. Tax items such as income and loss are not recognized by the corporation, but are passed through to the shareholders. But a corporation must comply with a strict set…

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The FEHA Imposes New Limitations on Employers for Posting Driver’s License Requirements in Job Advertisements

October 29, 2024

This year’s legislative session added a new restriction concerning employers that require job applicants to possess a valid driver’s license.  This is the latest development related to California’s 2014 expansion of the Fair Employment and Housing Act’s (the “FEHA’s”) definition of “national origin” discrimination to include discrimination based on possessing a driver’s license granted by…

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