RECENT ARTICLES
Forming a Professional Marriage and Family Therapy (MFT) Corporation in California: A Step-by-Step Guide
August 27, 2024
Forming a professional corporation can offer licensed marriage and family therapists (MFTs) in California various benefits, from personal liability protection to tax advantages. But navigating the legal requirements and logistics...
California Professional Dental Corporation Formation: Step-by-Step Strategies for Dentists and Orthodontists
August 23, 2024
Forming a professional dental corporation offers California dentists and orthodontists significant liability protections and potential tax advantages. However, incorporation involves crucial legal compliance steps to ensure your entity is properly...
Promissory Estoppel: The Legal Principle That Turns Promises into Unbreakable Contracts
August 4, 2024
Promissory estoppel is a legal principle that can enforce a promise even when a valid contract doesn’t exist. It seeks to protect against unfairness when a person’s relied-upon promise leads...
The Reasonable Salary Requirement: Mastering Compensation Rules for S Corp Owners
August 1, 2024
Determining a “reasonable salary” is a key requirement for owners of S corporations looking to stay compliant with IRS rules and avoid costly penalties. But mastering the complex guidelines on...
The Great Sock Heist: Did Louis Vuitton and Pharrell Pocket Someone Else's Idea?
June 29, 2024
High-fashion powerhouse Louis Vuitton finds itself entangled in a trademark infringement lawsuit filed by smaller California-based sock maker Pocket Socks, Inc. The David vs. Goliath legal battle centers on Vuitton’s...
The Entrepreneur's Blueprint: Setting Up and Running Your California LLC or S-Corp
June 27, 2024
Starting a small business in California as an LLC or S-Corp can offer liability protection and tax advantages, but maneuvering through the formation and management process can be complex. This...
Algorithmic Anthem or Copyright Cacophony? The Billion Dollar Lawsuits That Could Silence AI's Musical Revolution
June 24, 2024
The future of music is at a crossroads as the Recording Industry Association of America (RIAA), representing the major record labels, has filed copyright infringement lawsuits against two prominent...
Celebrity LLC vs. Loan-Out Corporation: The Ultimate Guide
June 22, 2024
Celebrities, entertainers, and high-profile individuals often use legal business entities to manage their income, protect their assets, and optimize their tax strategy. Two popular options are the LLC (Limited Liability...
Ctrl+Musk+Delete: Elon's Strategic Exit from the OpenAI Lawsuit and Its Impact on the Future of AI
June 12, 2024
Elon Musk’s short-lived legal battle against artificial intelligence powerhouse OpenAI and its leadership sent shockwaves through the tech world on June 11. The lawsuit, though voluntarily dismissed after just three...
LLCs for California Real Estate: Why they are Crucial
December 31, 2023
With hundreds of thousands of LLCs formed each year in California alone, limited liability companies remain a popular choice for real estate investors. LLC formation is a crucial step for California...