For Colorado business owners and managers handling day-to-day employment issues, it might seem as though the only constant these days is change. The Colorado Department of Labor and Employment recently overhauled regulations for how employers must treat paid leave even as state and federal courts change how employment laws are interpreted. The Colorado Legislature proposes […]
Business owners selling their operations face one of the biggest emotional, financial and impactful transactions of their lives. The process requires expertise, experience and attention to detail to maximize financial returns and legal protections. When should you start thinking about selling or consider an alternative disposition plan? Sellers nearing retirement should start the process three […]
COVID-19 illness rates have decreased steadily in Mesa County over the past month. An average of 62 cases a day are reported over a seven-day period. That contrasts with an average of more than 350 cases a day in January and the peak of the wave of the omicron variant. The Colorado Department of Public […]
I’m often asked what we do at Monument Health. As a clinically integrated network, or CIN, our involvement with health care providers and insurance companies can be complex and difficult to explain. Clinically integrated networks work with insurance companies, doctors and patients to align incentives among the three parties and better coordinate health care. […]
Are you considering ways to grow your business or planning for your retirement? You might hire new employees, bring in outside managers or have family members join the business and eventually take over. Bringing family into your operation could be good business — or, unfortunately, a fiasco. Some family businesses start out with teen-age children […]
Most business owners dream of greater wealth, freedom and happiness — to exert more control over their destinies. They start their companies to achieve financial, professional and personal independence and then relax, travel, give back and enjoy their lives as much as possible. Many owners never realize their dreams, though, because they lack the mindset, […]
In addition to regulatory changes already in place for 2022, state legislators have introduced measures that will affect Colorado employers if they become law. Here’s a look at just some of those bills: House Bill 22-1216 — restrictive employment agreements. As I discussed in my column in January, Colorado ranks among the most restrictive states […]
Can you buy a vacation home in a 1031 exchange? The short answer is yes. It’s possible under certain circumstances to sell your investment real estate and buy a vacation home with a tax-deferred Internal Revenue Code Section 1031 exchange. This means you can sell your dwelling unit — defined as “real property improved […]
Think of the movements you go through every day: getting into and out of your car, reaching for an item on the top shelf at the grocery store or bending down to pick up a child. Most of the time, we don’t even think about these movements — until, that is, we can’t do them […]
Bloomberg, The Economist, Entrepreneur, Forbes, The Wall Street Journal and Wired all see it the same way: Slower job growth reflects the inability of companies to find workers. Even in an environment in which nonfarm payrolls increased 6.6 million in 2021, the United States remains 2.9 million jobs short of February 2020 and the onset […]