Can You Make An S Corporation Election?

If you have looked into setting up your own company, you may have come across references to an "S Corporation Election". Simply put, an S corporation election is a choice that you can make that allows owners to pass corporate income, losses and credits on to their shareholders. That means that the owners avoid "double taxation" where income is taxed at both the corporate level and the shareholder level. Whether or not this makes sense for your individual business will depend upon a number of factors that are outside of the scope of this article, but before even getting ...

Read More


Three Things To Know About Starting A California LLC

If you are thinking about starting a California LLC (limited liability company), there are a few things that you should know about. By understanding how an LLC works, you can be better equipped to make the right choice for your business. Three Things To Know About Starting A California LLC The LLC form is popular because it is relatively easy to setup and maintain. It doesn't have as many administrative requirements as a corporation and it offers limited liability protection to its owners. An operating agreement is key. An operating agreement is a central document to ...

Read More


Proactive Law vs. Reactive Law

Recently we sent members of our Creators' Legal Program an in-depth email about proactive law. Proactive law is the opposite of reactive law; the reason why it is important is because by being proactive, you can actually avoid expensive legal problems before they happen. Just like getting a regular checkup is cheaper and less involved than going in for surgery, approaching legal problems proactively is better than waiting for a dispute. What Is Proactive Law? One of the tenets of our Creators' Legal Program (and our law practice, generally) is that it is easier, cheaper ...

Read More


Is A LegalZoom Trademark Right For You?

Many people that we talk to about trademarks are tempted to register a LegalZoom trademark. For some people, this might be the right choice, but for others it could be a mistake. Learn more about the differences between filing a LegalZoom trademark and using a trademark attorney to file your trademark. Is A LegalZoom Trademark Right for You? Here are some points to consider when thinking about whether a LegalZoom trademark registration is the right choice for your business. LegalZoom will help you fill out a trademark registration form. The main benefit of doing a ...

Read More


Five Trademark Registration Benefits

Although there are a number of trademark registration benefits, not everyone understands what they are. That's why we are here to help by explaining what we feel are the five most important trademark benefits. While trademark registration can seem like a bit of an investment when just starting your business, the benefits far exceed the cost. What Are The Five Main Trademark Registration Benefits? You do get some trademark registration benefits when you begin using your trademark, but the real benefits come after you have received a trademark registration. You can ...

Read More


How To Go From Services To Products

Creative business owners often want to know how to go from services to products. So instead of selling your labor, you can develop a product once and sell it a number of times. Doing this can provide the foundation for a scalable business with the potential to grow. Why Go From Services to Products? Our law firm has worked with a number of clients who have made the choice to go from services to products. Often, this will be a design firm that comes up with a mobile app or a physical product that they have chosen to sell via an online platform. And sometimes these ...

Read More


How To Maintain Limited Liability Protection

If you have a corporation or an LLC you want to know how to maintain limited liability protection. Limited liability protection helps to protect your personal assets from business debts and lawsuits. In short, limited liability protection provides an important shield for your personal assets. However, it's not without vulnerability; learn how you can maintain limited liability protection. What Is Limited Liability Protection? In short, limited liability protection means that if your corporation or LLC incurs a debt or a judgment (or other liability), your personal assets ...

Read More


Use A Freelance Service Contract To Generate Revenue

A good freelance service contract is central to any creative professional building a service business or agency. Freelancers use a freelance service contract to set up a good relationship with their clients and to ensure that things go as closely according to plan as possible. They can also help freelancers make money. How Can A Freelance Service Contract Help You Generate Revenue? People tend to see legal services as something that cost money, but that don't make you money. That may be true for some things, but for others, legal services can have a direct impact on ...

Read More


Five Immoral Trademarks

Did you know scandalous, deceptive, disparaging or immoral trademarks cannot be registered? This means that trademarks that contain expletives, demean a group, misrepresent their origin or otherwise cause mayhem cannot be given the trademark protection that other trademarks might get. What Are Immoral Trademarks? The issue of immoral trademarks is currently in the Supreme Court in a case involving a band named the Slants. Basically, federal trademark law is what allows you to register and protect your brands. But § 2(a) of the Lanham Act prohibits registration of ...

Read More


International Trademark Registration: What You Need To Know

Since business is often global, many people are curious about what it takes to get an international trademark registration. Because of the way that trademark laws around the world work, protecting your brand globally can be a bit of a challenge. This article will give you the basics on protecting your trademark and brand abroad. What Do I Need To Know About International Trademark Registration? There is no such thing as an international trademark registration: Technically, there is no such thing as an international trademark registration. When you register a tradema...

Read More