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Legal

Legal considerations for business finance and accounting compliance

Colorado Rewrote Its AI Hiring Law: What Employers Must Do Before January 1, 2027
·mike

Colorado Rewrote Its AI Hiring Law: What Employers Must Do Before January 1, 2027

Colorado repealed SB 24-205 and replaced it with SB 26-189, which regulates automated decision-making technology (ADMT) in hiring starting January 1, 2027. Employers over 40 employees must give pre-use notice, provide a 30-day adverse-action explanation with human review, and retain records for three years — enforced only by the Attorney General, with penalties up to $20,000 per violation.

ai
hiring
compliance
The Swipe Fee Lawsuit That Could Backfire on Merchants: Corner Post, Regulation II, and What Small Businesses Should Do Now
·mike

The Swipe Fee Lawsuit That Could Backfire on Merchants: Corner Post, Regulation II, and What Small Businesses Should Do Now

A North Dakota truck stop sued to lower debit card swipe fees — and in August 2025 a federal court vacated Regulation II's 21-cent interchange cap entirely. Here's how the Corner Post case reached the Eighth Circuit, the three ways it could end, and how small businesses can prepare for fees moving in either direction.

payments
small-business
banking
Pay Transparency Laws Reach 20 Jurisdictions in 2026: A Remote Hiring Compliance Guide
·mike

Pay Transparency Laws Reach 20 Jurisdictions in 2026: A Remote Hiring Compliance Guide

Virginia's pay transparency law took effect July 1, 2026, and Maine's LD 54 follows on July 29, bringing active U.S. pay transparency jurisdictions to 20. Because the rules attach to where a remote candidate could work — not where your company is headquartered — a remote posting without a good-faith salary range can violate laws in states where you have no office. Here's what changed, why remote postings trigger multi-state obligations, and a practical compliance checklist.

compliance
hiring
remote-work
Surveillance Pricing Bans in 2026: What Maryland, Connecticut, and New York's New Laws Mean for Your Business
·mike

Surveillance Pricing Bans in 2026: What Maryland, Connecticut, and New York's New Laws Mean for Your Business

In 2026, Maryland, Connecticut, and New York enacted the first U.S. laws restricting surveillance pricing — algorithms that use personal data to charge individual customers different prices. Here's what each law bans, the loyalty-program and cost-based carve-outs, and a compliance checklist for small businesses using dynamic pricing tools.

pricing
compliance
privacy
When Your Contract Doesn't Fix a Price, Who Decides What You Get Paid?
·mike

When Your Contract Doesn't Fix a Price, Who Decides What You Get Paid?

Under UCC § 2-305, a contract with no agreed price can still bind both parties — courts fill the gap with a "reasonable price at the time for delivery," measured by market rates, course of dealing, and trade usage. Here's how open price terms work, why 2026's tariff-driven cost volatility makes them more common, and how to draft, document, and invoice around them.

legal
contracts
invoicing
Virginia HB 238: The Three-Year Pay Stub Retention Rule Now Binding Every Employer
·mike

Virginia HB 238: The Three-Year Pay Stub Retention Rule Now Binding Every Employer

Virginia's HB 238, effective July 1, 2026, requires every employer to retain pay statements for at least three years, presumes workers are employees unless the IRS contractor test is met, and imposes treble damages for knowing wage violations. Here is what changed in Va. Code § 40.1-29 and a retention checklist that also covers federal FLSA, IRS, and public-works rules.

payroll
compliance
small-business
Captive Audience Meeting Bans: Which States Prohibit Mandatory Union and Political Meetings in 2026
·mike

Captive Audience Meeting Bans: Which States Prohibit Mandatory Union and Political Meetings in 2026

After the Supreme Court declined to review Minnesota's captive audience law on February 23, 2026, at least 13 states now ban mandatory employer meetings on unionization, politics, or religion — with penalties like California's $500 per employee per violation. Here's the state list, the NLRB's three-part notice rule, and a compliance checklist for small employers.

compliance
legal
small-business
The DOL's 2026 Independent Contractor Rule: The Five-Factor Test Explained for Small Employers
·mike

The DOL's 2026 Independent Contractor Rule: The Five-Factor Test Explained for Small Employers

The Department of Labor's February 2026 proposal would rescind the 2024 six-factor worker classification test and reinstate a five-factor economic reality framework where control and profit-or-loss opportunity carry the most weight. Here's what changed, what still applies, and how small employers should audit their 1099 contractor relationships now.

independent-contractor
compliance
payroll
New Jersey's ABC Test: What the Final Independent Contractor Rule Means Before October 1, 2026
·mike

New Jersey's ABC Test: What the Final Independent Contractor Rule Means Before October 1, 2026

New Jersey's finalized ABC test regulations take effect October 1, 2026. Here's what each of the three prongs requires, what changed in the NJDOL's final rule, the penalties for misclassification — up to $1,000 per worker, 200% liquidated damages, and stop-work orders — and how to audit your 1099 contractor relationships before enforcement begins.

independent-contractor
compliance
payroll
AI-Generated Marketing Content and Copyright Risk: What Small Businesses Owe After the 2026 Rulings
·mike

AI-Generated Marketing Content and Copyright Risk: What Small Businesses Owe After the 2026 Rulings

Anthropic's $1.5 billion settlement and Thomson Reuters' fair-use win over Ross Intelligence shifted AI copyright liability onto the businesses publishing AI content. Statutory damages can reach $150,000 per work — here are four steps small businesses can take, from prompt hygiene to vendor indemnification and dated content logs.

ai
legal
compliance
No More Pennies: A Small-Business Guide to 2026's State Cash-Rounding Laws
·mike

No More Pennies: A Small-Business Guide to 2026's State Cash-Rounding Laws

The U.S. minted its last penny on November 12, 2025, and 19 states have enacted cash-rounding laws in 2026 with no federal standard yet in force. Most states let retailers round cash totals to the nearest nickel at their discretion, Arizona mandates Canadian-style rounding, and Indiana treats rounding gains and losses as income adjustments. Here is how the rules differ, why sales tax is always calculated on the pre-rounding price, and how to book rounding variances so they stay auditable.

small-business
compliance
legal
California's SB 642 Just Redefined "Wages": What the 2026 Pay Equity Law Means for Your Payroll Records
·mike

California's SB 642 Just Redefined "Wages": What the 2026 Pay Equity Law Means for Your Payroll Records

Effective January 1, 2026, California's SB 642 expands the Equal Pay Act's definition of wages to cover bonuses, stock options, allowances, hotel accommodations, and travel reimbursements — and lets each paycheck restart the three-year claim clock, with back pay recoverable up to six years. Here is what changed and a practical compliance checklist for small employers.

payroll
compliance
california
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