Author Archives: Dawn Iacarella

Estrella Legal Alert – Organizing Your Family Business as a Corporation or Limited Liability Company

Many business owners decide to operate as a traditional corporation or a limited liability company to reduce personal risk, optimize tax management or secure capital from investors. In the case of a family run business, it is a natural step in the growth of the business from a D/B/A to secure long-term performance beyond founding

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Labor & Employment Alert – Federal Department of Labor announced proposed regulation intended to apply to Puerto Rico and increase the standard salary level of most exempt employees.

On August 30, 2023, the Department of Labor (DOL) announced proposed regulation issued under the Fair Labor Standards Act (FLSA) to increasing the standard salary level of most exempt employees.    The proposed rule also specifically intends to restore overtime protections for U.S. territories”.  Thus, if a final rule is announced as proposed, it will increase the

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