New York Employment Attorneys & Lawyers
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New York Employment Lawyers
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Legal Services Offered by Our On-Demand New York Employment Attorneys
Our experienced New York employment attorneys & lawyers can help guide you on how to proceed with various employee decisions such as reviewing employee documents such as contracts, agreements, policies, and handbooks, along with difficult decisions such as firing, lawsuits, claims, and complaints.
Although not every single employment contract will require legal assistance, many employment lawyers would recommend avoiding unilateral employment contracts that strongly benefit one side over the other. These types of employee contracts rarely hold up in court, yet having the funds needed to combat an issue in court can limit the employee’s options.
A confidentiality agreement and a non-compete agreement are common forms of employee contracts that one of our New York employment attorneys can help customize for your business. If your business needs to fire an employee, proper measures should be taken from a business legal standpoint to ensure proper communication and a smooth transition of dismissing that employee. In any case, we suggest you connect with our employment attorneys to discuss your options.
Improve Your Legal ROI with Affordable Employment Attorneys that service New York, NY.
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- 4 min read
Updated November 2, 2020:
Preferred stock is a special class of equity that adds debt features. As with common stock, shareholders receive a share of ownership in the company. Preferred stock also receives special rights, including guaranteed dividends that must be paid out before dividends to common shareholders, priority in the event of a liquidation, is listed separately from common stock, and trades at a different price than common stock.
Why Is Preferred Stock Important?
Preferred stock gives you a financing alternative to taking on debt. You gener
- 11 min read
What Are Payroll Taxes?
Payroll taxes are taxes which are imposed on employers and employees by federal, state, and local governments. Payroll tax is different than income tax since payroll tax is all the other taxes that aren’t income taxes that are taken out of your check.
The employer and employee split payroll tax half and half. The employer is required to withhold the amount of the employee's share of the payroll tax and submit to the IRS and the state along with payroll tax return.
Needless to say, young entrepreneurs see payroll tax as a big hassle and somewhere along the way, they are told to treat all of their workers as independent contractors so the entrepreneur c
- 5 min read
What are Incentive Stock Options?
Incentive stock options (ISOs) are a type of stock option typically given to key employees or management to purchase stock in the company and can result in a better tax treatment.
Incentive Stock Options vs. Nonqualified Stock Options
Other options that may be available to employees who are not considered key employees or upper management may be eligible for nonqualified stock options or NSOs.
Unlike NSOs, an ISO would be treated favorably for tax purposes. When an ISO is exercised, the employee need not claim the income. When they sell the stock, the gains are t
- 5 min read
Updated July 27, 2020:
What Is Cliff Vesting?
Cliff vesting is the process where an employee gets fully vested on a given date. The employee receives his or her full benefits of the retirement plan on a specific date instead of in amounts over time. The "cliff" described is the date on which you become fully vested. A four-year vesting schedule with a one-year cliff is common.
Cliff vesting is the way that employees of a company can acquire full ownership of incentives or assets of the company's qualified retirement plan account on a specific, agreed-upon date, instead of over a
- 6 min read
Updated November 26, 2020:
HIPAA law is meant to protect information that could be used to identify a medical patient. This law also includes language that is meant to protect patients seeking healthcare from discrimination.
Learn about HIPAA Law
You may not be aware that the Health Insurance Portability and Accountability Act (HIPAA) is actually a 1996 amendment to the Employee Retirement Income Security Act (ERISA).
HIPAA was added as an amendment to help protect more workers and their loved ones by limiting new employers from excluding coverage for preexisting conditions. Additionally, it prohibits discrimination against employees and their family members based on any preexisting conditions and providing new rights to individuals who lose their coverage.
HIPAA also pr