Employment laws have mostly been created to balance the relationship between “bosses” and “workers.” Employment laws are very important to ensure employees are given certain rights like the right to a minimum wage and reasonable
Workers’ Compensation is the primary insurance that covers employees injured on the job, regardless of fault. There is a a federal version managed by the Department of Labor, offering compensation to government agency civilian workers.
It is important and legally required to create a safe and healthy workplace. There are many safety standards employers must be aware of. Providing Safe Working Conditions and Complying with Safety Standards The Occupational Safety
Employers are required to withhold money from each employee’s paycheck for certain federal and state mandated purposes. They also have the option to withhold money from each employee’s paychecks for a few other purposes as
Cooperative law and employment & labor relations law intersect when combining unionized workers and worker-owned employers, and there are a host of creative ways to navigate that legal landscape. Insight from attorneys in those fields
This article explores how cooperatives distribute money differently from conventional businesses, focusing on key concepts such as member equity accounts, funding collective accounts with retained earnings, patronage dividends, and profit-sharing distributions to members. We provide
There is no one right way to create a governance structure. The design of governance is entirely dependent on the desires of the members. Good governance practices will be extremely important in maintaining accountability and
Businesses pay a variety of state and federal taxes. This section will focus on federal income, employment taxes and calculating tax deductible patronage-sourced income. Federal income tax rules for co-ops Cooperatives can receive special tax
A cooperative with employees will need to pay employment taxes. The IRS has said members do not need to pay self-employment taxes on their patronage dividends. Employment tax If member owners of a cooperative choose
It is important to know the ways different taxes might affect your cooperative. An excise tax might affect your cooperative in different ways depending on your circumstances. Key Considerations on Excise Taxes for Cooperatives Definition: In
The information presented on Co-oplaw.org is largely based on California law and IS NOT LEGAL ADVICE.
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