Do As They Say
Laws: Federal, state, local...and if you're not sure your company's in compliance, you'd better <i>get</i> sure.
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If you're in business, you're expected to comply withvarious government requirements. And being subject to regulationmeans you're also subject to periodic compliance inspections bythe appropriate agency.
"Obviously, it's better to be in compliancebefore a government audit," says Jon Miller, a laborand employment law attorney with Berger, Kahn, Shafton, Moss,Figler, Simon & Gladstone in Irvine, California. "Somegovernment-agency audits may uncover minor violations, which simplylead to a formal order or informal request for modifications.Others may uncover substantial violations, which can threaten thevery existence of a business with [corporate] fines and, in someinstances, may even involve a threat of [individual] fines or jailtime for managers and owners."
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