In the six weeks following the enactment of the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act), which established the Paycheck Protection Program (PPP), the Small Business Association …
Navigating Government Support for Small Businesses During the COVID-19 pandemic
PART 1: PAYCHECK PROTECTION PROGRAM To soften the financial fallout caused by the COVID-19 pandemic, the Federal Government enacted the Coronavirus Aid, Relief, and Economic Security (CARES) Act on March …
Diving Head First into the Tip Pool: Recent Updates on Tip Pool Regulations, Part 3
At the conclusion of Part 2, we anticipated discussing “credits” and the minimum wage requirements. However, significant regulations impacting employers have been passed. On March 23, 2018, the President signed …
How Politics Made Me a Better Attorney
My interest in politics and law started at a young age. My father was very active in Oklahoma politics. I can remember going with him to campaign headquarters at a …
Understanding Credit Card Surcharges for Sales Transactions in Oklahoma
Did you know that Oklahoma law places significant limitations on surcharges placed on sales transactions in which the buyer chooses to use a credit card or debit card? Although a …
Wading Through the Legalities of Tip Pools, Part 2
In continuing our discussion on the developing rules and regulations surrounding tip-pooling, we move beyond hybrid roles among standard employees and examine managerial employees and tip-pool eligibility. Bosses, this one …
Breakage and Escheat – Navigating Gift Card Regulations
Whether you are planning on launching a new franchise opportunity or opening your third retail location, offering gift cards that can be used at any of your locations is an …
Supreme Court Rules on Oil and Gas Employers’ Immunity
On October 6, 2014, David Chambers, who was an employee of RDT Trucking, Inc., was dispatched to an oil-well site to pick up waste water. Stephens Production Company and Stephens …
Looking Ahead: Failing to Follow Securities Regulations Can Harm Valuation
Nearly every entrepreneur has faced the same problem early in the life of their venture: the need for more capital. Some entrepreneurs make the mistake of taking the “do it …
TRUMP Tax Plan for Small Business: Preparing for Potential “Pass-Through” Tax-Cut
President Donald Trump’s tax plan proposes changes that may provide tax-cuts for small businesses based on how those businesses are organized. Under the proposed tax plan, certain “pass-through” entities may …
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