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Cautionary Insight Regarding Bonuses and The Wage Act

Cautionary Insight Regarding Bonuses and The Wage Act

Massachusetts and Rhode Island are among those states that have enacted a Wage Act, under which employees who receive less than their full compensation due can sue for treble damages. In fact, in Massachusetts, a Wage Act violation leads to mandatory treble damages....

Comparing Start-Up Valuation Methods

Comparing Start-Up Valuation Methods

In our Business Law practice, we routinely deal with entrepreneurs and investors who are trying to structure an investment opportunity on the basis of the company’s value before the outside investment is closed. This challenge exists whether the investment will be...

ATTENTION SNOWBIRDS: DO YOU PASS THE DOMICILE TEST?

“A person doesn't know how much he has to be thankful for until he has to pay taxes on it.”  This anonymous quote is timely.  It is rumored that the Rhode Island Division of Taxation (“the Division”) is reviewing its procedures for determining whether a Rhode Islander...