It is the first week of December. That means this post is extremely time sensitive because it can help you save money immediately if you were thinking of forming an LLC in California. As many of you already know, California charges a annual minimum tax of $800 on each...
John Warrillow’s book, “Built to Sell”, is a classic read for business owners and entrepreneurs, including many of our clients. The central tenet of the book is that business owners should work towards building a business that they can sell, even if...
Many people that we talk to about forming a business entity (aka “incorporating”) are tempted to do so online via the numerous legal websites available, such as Legalzoom or Rocket Lawyer. For some people, this might be the right choice, but for others it could be a...
Aside from determining what products or services you’re going to offer, deciding what to name your business is one of the very first, and most creative, steps that a new business owner will undertake. It should be distinctive and memorable, and it should suggest the...
It’s a big step to set up a business and hiring an attorney can feel intimidating. However, by getting legal counsel early on in your business, you make sure that everything starts correctly. Since a business entity will be the legal foundation of whatever enterprise...
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...