Business
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RECENT ARTICLES
How to Save Thousands in Taxes With an S Corporation
January 06, 2022 11:01 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 11:12 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 05:11 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 11:11 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...
Corporate Transparency Act Penalties: $500/Day & Prison Time
November 10, 2021 03:11 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 01:02 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...
How to Form a California Nursing Corporation
December 30, 2020 08:12 pm by Zach Javdan
Forming a California nursing corporation is a great idea for California nurses looking to save on self-employment taxes and receive additional liability protection. Here are the steps you should take if...
How to Name a California Professional Nursing Corporation
December 28, 2020 02:12 pm by LawInc Staff
Do California nursing corporations have any naming requirements or restrictions? CA Professional Nursing Corporations California nurses often form professional nursing corporations to save on taxes and help provide liability protection in CA....
How To Change a California Corporation Address
September 21, 2020 11:09 pm by LawInc Staff
It is important to immediately notify all applicable governmental entities if you decide to change your California Corporation address. Updating the corporation’s address is incredibly important to ensure you do not...
7 Reasons to Avoid Crowdfunding
July 25, 2019 12:07 pm by LawInc Staff
10 years ago it was almost impossible to get random strangers from across the globe to invest in your project, invention, or business. But that’s exactly what tens of thousands...