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Legal

Legal considerations for business finance and accounting compliance

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The FTC Abandoned Its Noncompete Ban — What Small Employers Need to Know in 2026
·mike

The FTC Abandoned Its Noncompete Ban — What Small Employers Need to Know in 2026

The FTC formally withdrew its nationwide noncompete ban from the Code of Federal Regulations on February 12, 2026, and pivoted to case-by-case Section 5 enforcement — its April 2026 order against Rollins, Inc. covered more than 18,000 employees — while state law, from outright bans in California and Minnesota to salary thresholds in Washington and Colorado, remains the primary source of risk for small employers.

compliance
small-business
hiring
Why Regulation E Won't Save Your Business From Wire Fraud: UCC Article 4A Liability Explained
·mike

Why Regulation E Won't Save Your Business From Wire Fraud: UCC Article 4A Liability Explained

Business wire transfers are governed by UCC Article 4A, not Regulation E, meaning a company can be held liable for a fraudulent wire if its bank's security procedure was commercially reasonable, even though 86% of the FBI's $3.05 billion in 2025 BEC losses moved via wire or ACH.

business-banking
fraud-prevention
internal-controls
The Visa/Mastercard Interchange Settlement: A Small Business Guide to Surcharging
·mike

The Visa/Mastercard Interchange Settlement: A Small Business Guide to Surcharging

Visa and Mastercard's 2026 interchange settlement caps credit card surcharges at 3% of the transaction or the merchant's actual cost of acceptance, whichever is lower, and requires 30 days' written notice to your processor before you can start charging it.

payments
credit
compliance
The Fiduciary Duties Every Nonprofit Board Member Must Know
·mike

The Fiduciary Duties Every Nonprofit Board Member Must Know

Nonprofit directors carry three legal fiduciary duties — care, loyalty, and obedience — and courts have held boards personally liable for failing to ask basic questions about how the organization spent its money.

nonprofit
compliance
charitable-giving
Property Management Trust Accounting: The Three-Way Reconciliation That Keeps You Out of Regulatory Trouble
·mike

Property Management Trust Accounting: The Three-Way Reconciliation That Keeps You Out of Regulatory Trouble

Property management trust accounts require a monthly three-way reconciliation matching the bank balance, general ledger, and tenant sub-ledgers to the penny, and even a one-dollar variance is treated as a noncompliant account by state real estate regulators.

property-management
real-estate
trust
State Data Breach Notification Laws: A Small Business Compliance Guide
·mike

State Data Breach Notification Laws: A Small Business Compliance Guide

Every US state has its own data breach notification law, with individual-notice deadlines ranging from 30 days (California, Colorado, Florida, New York, Washington) to 60 days (Connecticut, Texas), and small businesses must comply with the law of every state where an affected person lives, not just their home state.

security
compliance
small-business
Passing Credit Card Fees to Customers: Surcharges, Cash Discounts, and Dual Pricing in 2026
·mike

Passing Credit Card Fees to Customers: Surcharges, Cash Discounts, and Dual Pricing in 2026

Surcharging, cash discounts, and dual pricing are the three legal ways to pass card fees to customers in 2026—surcharges cap at 3% (Visa) and are banned in CT, ME, and MA, while cash discounts and dual pricing are legal in all 50 states and skip the 30-day network notice.

payments
small-business
compliance
ADA Title III Website and Mobile App Accessibility in 2026: A Practical WCAG 2.1 AA Compliance Guide for Small and Mid-Size Businesses
·mike

ADA Title III Website and Mobile App Accessibility in 2026: A Practical WCAG 2.1 AA Compliance Guide for Small and Mid-Size Businesses

In 2025, plaintiffs filed 3,117 federal ADA Title III website accessibility lawsuits and an estimated 35,000–50,000 private demand letters reached U.S. businesses. This guide explains what WCAG 2.1 Level AA actually requires, why the Robles v. Domino's Pizza ruling and the DOJ's 2024 Title II rule made it the de facto standard, and how small and mid-size businesses can build a five-phase remediation roadmap and defensible paper trail before a demand letter arrives.

accessibility
compliance
legal
All-In Pricing in 2026: SB 478, the FTC Junk Fees Rule, and the State Compliance Patchwork
·mike

All-In Pricing in 2026: SB 478, the FTC Junk Fees Rule, and the State Compliance Patchwork

California SB 478, the FTC Junk Fees Rule, and new Minnesota, Massachusetts, and Connecticut statutes require all-in pricing across hotels, tickets, restaurants, and subscriptions in 2026. A practical compliance checklist covering pricing engines, third-party feeds, frontline scripts, and the accounting reclassification work that follows.

compliance
pricing
legal
California SB 53 Compliance: A Practical Guide to the Transparency in Frontier AI Act
·mike

California SB 53 Compliance: A Practical Guide to the Transparency in Frontier AI Act

California's SB 53 (Transparency in Frontier AI Act) took operative effect on January 1, 2026, requiring foundation model developers training above 10^26 FLOPs to publish safety frameworks, report critical incidents to Cal OES within 15 days (24 hours for imminent threats), maintain anonymous whistleblower channels, and face civil penalties up to $1 million per violation enforced by the California Attorney General.

ai
llm
compliance
Colorado SB 26-189: A 2027 AI Compliance Playbook for Small and Mid-Size Businesses
·mike

Colorado SB 26-189: A 2027 AI Compliance Playbook for Small and Mid-Size Businesses

Colorado replaced its original AI Act with SB 26-189, which takes effect January 1, 2027 and imposes pre-use notices, 30-day adverse outcome disclosures, and consumer access, correction, and human review rights on businesses using automated decision-making technology in eight consequential decision categories. A compliance playbook for small and mid-size deployers and developers.

ai
compliance
small-business
DOL Tip Pooling, the 80/20 Vacatur, and FLSA Tip Credit Compliance in 2026
·mike

DOL Tip Pooling, the 80/20 Vacatur, and FLSA Tip Credit Compliance in 2026

How the Fifth Circuit's vacatur of the 80/20/30 rule, the DOL's 2024 technical amendment, and an expanding state mini-tip-credit patchwork reshape FLSA tip pooling, dual jobs analysis, and Section 3(m) compliance for restaurants, bars, hotels, and salons in 2026.

restaurant
payroll
compliance
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