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These days, many employees at companies large and small are asked to sign an agreement when they're onboarded. It says that they're not allowed to work for a competing company, or to start a competing company, for a certain number of years after they part ways with their current employer.
In May 2021, the Department of Labor withdrew the “Independent Contractor Status Under the Fair Labor Standards Act” final rule. According to the Society for Human Resource Management, "The DOL has traditionally analyzed a number of factors to consider whether a worker is an independent contractor or employee and looked at 'the totality of the circumstances.' The withdrawn rule would have applied a more-limited economic-reality test."
We are delighted to announce that Harik Minassi Coale and Thompson CPA have combined practices and will operate under the name Harik Thompson CPAs, effective immediately. With offices in Torrance and Santa Monica, California, the Firm provides a broad range of accounting, tax, and advisory services to businesses and individuals in the greater South Bay, and Santa Monica, California areas. With roots dating back nearly 40 years, Harik Thompson CPAs is one of the largest privately-owned accounting firms serving the South Bay community.
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