New Wallet, our Startup of the Month, wants to organize your entire life; 10 year-end tax tips you need to consider now; be sure you’re not misclassifying your exempt employees; and how to put the pieces back together after an employee dispute.
Traditionally, the path from law student to full-fledged lawyer has been fairly straight-forward: A student starts out with a summer internship at a law firm, graduates and passes the bar exam, then gets hired at a law firm. In a secure and supportive work environment, law graduates can make good money, meet professional mentors and learn the skills required to be a real lawyer. This is the standard route, the one most students embark on every year. But more graduates like Alexandria Goff are choosing to buck tradition in the name of independence.
Karen Crawford hasn’t carried a purse in three years. Instead, she uses a prototype wallet, which holds her driver’s license, credit cards, cash and a gym membership card, but also serves as an iPhone case and has a Bluetooth-enabled key tracker. As CEO of New Wallet a Folsom-based startup, Crawford led the development of this design after she couldn’t find a product on the market to meet her needs.
Important tax legislation that becomes retroactive to the beginning of the year is often not finalized until late in the year. Obviously, this leaves very little wiggle room for tax planning. To get ahead in your preparations, there are things you can think about or do now, to avoid a rush come December.
You have 10 seconds to name the key differences that determine if an employee is exempt or nonexempt. Ready, set, go. Oh, you couldn’t do it? Color me surprised. Whether you’re an employer or an employee, not knowing the difference between the two is doing yourself a huge disservice, and, as an employer, can land you in some hot – scalding hot – water.
I am currently handling a nasty investigation into bullying and harassment at my company. What do I do after the investigation if all parties remain with the company? The relationship has broken down — do we just have to move the employees? I think it’s too late for mediation.