Business
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RECENT ARTICLES
California S Corporations 101: Planting the Seeds of Success in the Golden State
December 17, 2024 11:12 am by LawInc Staff
Imagine you’ve planted a small citrus grove in the sunny heart of California. Your orange and lemon trees represent your business idea, growing under that perfect California climate. Now, you...
The Essential Guide to S Corporations: Everything You Need to Know from A to Z
December 04, 2024 04:12 pm by LawInc Staff
When starting or running a small business, choosing the right legal structure is crucial. For many entrepreneurs, the S corporation (S corp) offers an appealing blend of liability protection, tax...
The Ultimate Loan Out Company Guide: Maximize Your Income and Minimize Your Taxes
November 30, 2024 09:11 pm by LawInc Staff
If you’re an entertainer, artist, consultant or other provider of professional services, forming a loan out company can offer significant tax advantages and liability protection. But how exactly do these...
LLC vs S Corp: The Ultimate Tax Showdown - Which Structure Saves You More?
November 29, 2024 03:11 pm by Zach Javdan
One of the most important decisions when starting a business is choosing the right legal entity structure. Two popular options are the Limited Liability Company (LLC) and the S Corporation...
Israeli AI Startup Decart Raises $25 Million, Achieves $500 Million Valuation Weeks After $21 Million Seed Round
November 27, 2024 01:11 pm by LawInc Staff
Israeli AI startup Decart hits $500M valuation with lightning-fast $25M funding round, weeks after $21M seed investment. Company Fundamentals Founded: Late 2023 Location: Tel Aviv, Israel Founders: Dean Leitersdorf (CEO) and Moshe Shalev Elite Background:...
10 Legal Mistakes Every Entrepreneur Must Avoid for Startup Success
November 26, 2024 09:11 pm by LawInc Staff
A single mistake when operating a business can have catastrophic consequences. Accordingly, entrepreneurs and business owners should be careful to avoid the following: 1. Neglecting Proper Business Entity Formation Choosing the wrong...
Avoiding the Out-of-State LLC Trap: Why It's Usually Best to Keep Things Local
November 15, 2024 10:11 pm by Zach Javdan
Many entrepreneurs are lured by the siren song of forming their LLC in business-friendly states with low filing fees like Delaware, Wyoming or Nevada. But unless your company has a...
Forming an S Corporation? Here’s How to Avoid the Top 10 Legal Mistakes That Could Cost You
October 11, 2024 03:10 pm by Zach Javdan
Starting an S corporation can be an attractive option for small business owners looking to limit liability and save on taxes. However, the process involves navigating a maze of legal...
The Freelancer's Dilemma: Is an S Corp or LLC Better for Your California Business?
August 29, 2024 10:08 pm by LawInc Staff
Selecting the optimal business entity type is a crucial step for California freelancers launching their own venture, as it impacts key aspects like taxes, liability, and operations. For many freelancers,...
Corporate Formalities in S Corporations: Essential Practices for Compliance
August 19, 2024 08:08 pm by LawInc Staff
Maintaining corporate formalities is crucial for S corporations to preserve their limited liability status and avoid potential legal and tax consequences. Neglecting required legal procedures may cause a court to...