California Professional Corporations
RECENT ARTICLES
Starting a Law Practice in California? 10 Essential Legal Steps to Protect Yourself and Your Firm
May 26, 2024 11:05 am by LawInc Staff
Starting a legal practice proves both exhilarating and daunting. Meticulous planning, regulatory compliance and risk management strategies position new firms for sustainable success. This guide breaks down key legal requirements and...
How to Form a California Professional Corporation in 2024
May 21, 2024 11:05 pm by LawInc Staff
A California professional corporation is a great idea if you are a California licensed professional, with your own business, or working as an independent contractor, since it can provide extra...
What Is the Minimum Franchise Tax for California LLCs and Corporations?
May 17, 2024 11:05 am by LawInc Staff
California limited liability companies (LLCs) and corporations must pay a minimum annual franchise tax, regardless of income or business activity level. The franchise tax represents a fee for the privilege...
Who Can Own a California Professional Physician Assistant Corporation?
April 23, 2024 12:04 pm by LawInc Staff
Forming a Physician Assistant Corporation in California allows licensed physician assistants to take advantage of many of the benefits of incorporation including tax savings and liability protection. Restrictions to apply...
Can California Attorneys use LLCs to Practice Law?
January 07, 2024 11:01 pm by LawInc Staff
As a California attorney, are you weighing options for liability protections and tax advantages when starting a private practice of working as an independent contractor? California Attorneys Cannot Practice Law Using...
How to Form a Professional Psychological Corporation in California
December 05, 2023 04:12 pm by Zach Javdan
Are you a licensed psychologist running your own private practice in California, looking to limit personal liability while potentially saving on taxes? If so, creating a professional psychology corporation could...
How Your Corporation or LLC Can Send You to Prison
December 02, 2023 05:12 pm by LawInc Staff
With over 6 million corporations and limited liability companies (LLCs) formed in the U.S. annually, business entity creation is ubiquitous. However, the recent Corporate Transparency Act (CTA) imposes new federal...
DIY Incorporation: 8 Critical Mistakes
November 30, 2023 02:11 pm by LawInc Staff
With over 415,000 new business formations annually in California alone, company incorporation has become virtually mainstream. However, going the DIY route also comes loaded with legal complexities that business owners...
California Medical Corporation Pitfalls: A Physician’s Guide to Avoiding Legal Trouble
November 26, 2023 06:11 pm by LawInc Staff
Forming and operating a professional medical corporation (PC) in California provides many potential advantages in limiting liability and optimizing tax benefits. However, navigating corporate formalities also carries legal risks if...
California Veterinary Corporation Explained
November 05, 2023 03:11 pm by LawInc Staff
Legal Framework Governing Laws: California veterinary corporations must adhere to the Moscone-Knox Professional Corporation Act, California Corporations Code, and other relevant statutes and regulations Regulatory Body: Overseen by the Veterinary Medical Board Professional...