The programs and initiatives in the Coronavirus Aid, Relief, and Economic Security (CARES) Act that was just passed by Congress are intended to assist business owners with whatever needs they have right now. When implemented, there will be many new resources available for small businesses, as well as certain non- profits and other employers. This guide provides information about the major programs and initiatives that will soon be available […]
In proceedings for legal separation or dissolution of marriage, the date on which a married couple deems to be separated is of great significance. California uses the date of separation as the essential date for determining characterization of the parties’ assets and debts, and for determining spousal support rights. This includes the principle that assets acquired, and debts incurred, by a spouse after the date of separation are generally considered […]
“Spousal support,” also known as “alimony,” is a term used for payments from one spouse to another after a dissolution has been filed. Spousal support can be broken down into two types: temporary and permanent. Before you move forward with your divorce, it is a good idea to understand how spousal support is determined, how long the support may last, and how it may affect your taxes. Factors Considered to […]
Given these unprecedented events surrounding the COVID-19 pandemic, many small businesses are left wondering how they will deal with a number of issues. In all likelihood, the two most pressing issues facing small businesses are their employees and their liquidity. In light of recent federal legislation, there are certain actions you can take now to ease the pain caused by the economic downturn. For employees who are working in a non-essential industry […]
At Madison Law, APC, the health and well being of our clients, staff, and community is our top priority. We also understand that our duty to our clients cannot be marginalized under any circumstances. I would like to explain our concerns with coronavirus (COVID-19) and update you on how we will be handling our duties henceforth. Our physical offices in Irvine, California, will remain temporarily closed for regular business. Our […]
Dozens of new state laws are going into effect across California. From minimum wage to rent control to domestic violence, below are some of the key points of some of these new laws: Consumer Protection AB 539: Predatory Lending On January 1, 2020, significant amendments were made to the California Financing Law. Some such amendments came from AB 539, known as the Fair Access to Credit Act. This law subjects […]
