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.
Workers may be classified as employees rather than partners depending on the legal entity the co-op decides to form under. LLCs, Partnerships, and Cooperative Corporations each have different implications regarding worker classification and therefore it
Co-op Conversion Case Study: Real Pickles Real Pickles is an example of a business that chose to convert to employee -ownership over selling their business to a large corporation in order to preserve their social
Using Section 1042 to Reduce Tax Rates During a Cooperative Conversion Sale The Section 1042 Rollover, part of the Internal Revenue Service (IRS) tax code, can help business owners minimize capital gains taxation when converting
Subchapter K: A Tax Status for Partnerships The Subchapter K tax status, also known as “Partnership Taxation” prevents a business from being taxed at the federal level. Instead, it passes through all income and losses
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
My Custom Title Cooperatives are community-controlled and owned businesses that have a democratic governance structure. Cooperatives put wealth and decisions into the hands of workers and consumers, building community well-being and transforming local economies! There
The information presented on Co-oplaw.org is largely based on California law and IS NOT LEGAL ADVICE.
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