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Adelberg Rudow Attorney Joseph Kroart on Daylight Saving Time Business Reminders
Daylight Saving Time for 2022 ends this Sunday, November 6 at 2:00 am, at which time we will “fall back,” setting our clocks back an hour. Here on the East Coast, we will return to Eastern Standard Time.
The semi-annual adjustment of clocks to accommodate for the beginning and end of Daylight Saving Time each year has been effectively used as a public safety message to remind people to change the batteries in their smoke detectors.
As a business law attorney, I also use this time of change to encourage clients to take stock of their businesses and to think about whether any updates in record-keeping and/or documentation need to be made. For instance, a common situation occurs when a corporation or limited liability company moves, thus changing its primary place of business, but fails to notify the State of Maryland—or worse, the Internal Revenue Service. The ramifications of failing to notify relevant government agencies of various changes could prove both detrimental to your business and costly to remedy.
Here, the adage “an ounce of prevention equals a pound of cure” certainly rings true. As you take time this weekend to adjust to the end of Daylight Saving Time, I encourage you to reflect upon whether you have made any changes to your business during the past few years that may need to be reported. And if you need assistance in properly reporting such updates, please contact me or any of the business law attorneys at Adelberg Rudow.