Seeley & Berglass

ATTORNEYS AT LAW
855 Main Street                             3695 Post Road
Bridgeport, CT 06604                     Southport, CT 06890
New Haven, CT 06510
Tel (203) 562-5888
(203) 366-3939                             (203) 256-3252

 

 

The Affordable Care Act and Small Business

Bill Seeley


Everyone seems to have a question about the Affordable Care Act (ACA) and how it affects them. If you are a small business owner there are many issues to be aware of:


Requirement to Offer Coverage depends on Number of Full-time Employees (FTEs). A Small Business is not legally required to offer health insurance to its employees if it has fewer than 50 full-time employees. Under the new law, a full time employee is considered one who works an average of 30 hours a week or at least 130 hours a month.
ct to COLAs.


New Health Insurance Reporting Requirements. Beginning in 2015 Small Business Owners with self-insured plans will be subjected to new reporting requirements as to who is covered and other information about the covered employees and the medical benefits. As of this writing Treasury Regulations are not yet final as to the disclosures required...read more

Small companies considering raising capital

JOBS Act (Jumpstart Our Business Startups)
Bill Seeley

For companies interested in raising capital in private offerings, the provisions of the Jumpstart our Business Start-ups Act (JOBS Act) should be helpful.  It has been in effect since April 5, 2012, and is being hailed as a "pro-entrepreneurial piece of legislation. whose principal purpose is to drive the creation of jobs in the US by making it easier for US and non-US companies to access capital from private and public sources.

 

Generally all offerings and sales of securities must be registered with the SEC unless they are all sold within one state [in which case that state's requirement must be met] or they are sold in a transaction exempt from Registration. The current canon for such exempt offerings is Regulation D, promulgated by the Securities and Exchange Commission (SEC)...read more

Special Needs Trusts in a Nutshell

Liz Seeley
 
Special Needs Trusts are established so that a disabled person who is supported by public assistance programs (such as Medicaid, Social Security Disability Income or Supplemental Security Income) can be provided with "extras" which are unavailable under public benefit programs, without reducing or otherwise affecting the disabled person's eligibility for public assistance.

 

The income and principal of Special Needs Trusts can supply books, magazines, clothing, bus passes, hobby supplies, trips to movies, plays and sporting events, as well as payment for dental costs, a cell or telephone, a wheelchair, special care, and other items otherwise unaffordable to the disabled person (and not provided by the assistance program)...read more

 

You formed or want to form an LLC?


The Web has made it very easy and inexpensive to form a Limited Liability Company (LLC). However, if you have two or more members of the LLC, an Operating Agreement ("OA") is an absolute necessity. We are often contacted by Limited Liability Companies after formation to assist them with issues that could often be prevented by an Operating Agreement...read more

Bill Seeley assists clients in finding creative solutions which meet their individual needs and objectives. Please contact Bill Seeley for more information:

(203) 256-3250

wps@seeleyberglass.com

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Liz Seeley assists clients in finding creative solutions which meet their individual needs and objectives. Please contact Liz Seeley for more information:

(203) 256-3250

ecs@seeleyberglass.com