Latest Articles
California's 15 Day Rule for Corporations and LLCs
November 07, 2022 10:48 am by LawInc Staff
Looking to get a head start with your California corporation or LLC and avoid potential filing backlogs right after the New Year? Consider incorporating or forming an LLC between December...
How to Form a Professional Dental Corporation in California
October 21, 2022 12:12 pm by Zach Javdan
Forming a professional dental corporation in California is a great way for California dentists to save on taxes (specifically by setting up an S corporation) and increase liability protection. While dental...
Incorporation Attorney Benefits
June 26, 2022 02:30 pm by LawInc Staff
In an attempt to save money, many new business owners avoid using an incorporation attorney and choose to either incorporate on their own or use an unqualified document filing service....
How to Save Thousands in Taxes With an S Corporation
January 06, 2022 11:33 am by Bryan Kesler, CPA
It’s a well-documented fact that over 70% of businesses in the USA comprise sole proprietorships. This means that they are a single-owner enterprise, with the owner functioning independently. Sole proprietorships...
Treasury Issues Historic Business Ownership Reporting Rules Impacting Millions
December 08, 2021 11:24 pm by Zach Javdan
Today, the U.S. Treasury Department’s crimefighting division, the Financial Crimes Enforcement Network (FinCEN), published a notice of proposed rulemaking (NPRM) concerning the Corporate Transparency Act (CTA), which is intended to...
Incorporate Your Business? Ask 6 Questions
November 30, 2021 05:24 pm by LawInc Staff
If you incorporate your business, you are taking an important step towards protecting yourself and saving money on taxes. However, the liability protection and tax savings are not absolute. It’s critical...
How to Form an LLC Taxed as an S Corporation
November 23, 2021 11:40 am by LawInc Staff
The phrase “LLCs taxed as an S corporation” is a frequent source of confusion. The reason is that LLCs (also known as Limited Liability Companies) are technically different entity types than...
How to Form an S Corporation in California
November 22, 2021 08:05 pm by LawInc Staff
When you form an S corporation, in California, it is critical that every step is carefully completed to ensure maximum liability protection and tax issues, in case of an IRS...
Corporate Transparency Act Penalties: $500/Day & Prison Time
November 10, 2021 03:36 pm by Zach Javdan
Since significant penalties are associated with willful noncompliance with the Corporate Transparency Act, it is important to comply if you have an existing corporation or LLC in the United States....
How to Form a California Medical Corporation
February 19, 2021 01:18 pm by Zach Javdan
Forming a California medical corporation is a great way for California doctors to, among other things, save on taxes (via an S corporation) and help limit liability. It’s important to...