Employee walkouts have occurred at well-known companies, such as Google, but what if they happened closer to home at your company? What are an employer’s rights if its employees walk out in protest? What are the employees’ rights?
August is fast approaching, and with it comes the effective date for San Antonio’s new sick leave ordinance. Under Chapter 15, Article XI “Ordinance”, of the City Code of San Antonio, “Earned Paid Sick Time” has been added to govern the amount of paid sick leave an employer is required to provide their employees. Business owners are starting to ask questions: “What does this mean?” and “What changes need to be made?” These questions are of the utmost importance to employers in San Antonio.
Anyone who has ever been involved in a construction job—be it commercial or residential—is familiar with the complexity of the payment process as it relates to partial, periodic payments and the downstream flow of money from general contractors to subcontractors or others who performed the work. Quite frequently, the money received upstream does not make it downstream, and, instead, is retained by the contractor, disbursed to other subcontractors, or used for other purposes. The Texas Construction Trust Fund Act imposes serious legal consequences for such conduct.
Government construction contracts—and indeed the entire contracting process—are very different from private construction contracts. There are many different types of governmental entities, and each has its own rules and restrictions. However, all governmental entities have one thing in common: they are very particular about their rules and requirements, and there is not much, if any, flexibility.
One of the largest expenses for real estate owners is property taxes. Commercial property owners and their tenants (in the case of a triple net lease) are particularly sensitive to the increase use of this revenue source. In an attempt to provide some relief, Texas Governor Greg Abbott signed the Texas Property Tax Reform and Transparency Act.
When real property is sold by a foreign person in the United States, buyers, attorneys, real estate agents, and title companies need to be aware of a potential trap contained in the Foreign Investment in Real Property Tax Act of 1980 (FIRPTA). Under FIRTPA, the buyer is required to withhold 15% of the gross sales price, or the “amount realized,” to ensure any taxable gain realized by the seller is actually paid to the IRS.