California Professional Corporations

RECENT ARTICLES

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Forming a Professional Marriage and Family Therapy (MFT) Corporation in California: A Step-by-Step Guide

August 27, 2024 01:08 pm by Zach Javdan

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...

Patient smiling and getting ready for a dental examination in California.

California Professional Dental Corporation Formation: Step-by-Step Strategies for Dentists and Orthodontists

August 23, 2024 04:08 pm by Zach Javdan

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...

Woman wearing glasses with LCSW sign in background

California Licensed Clinical Social Worker Corporation Ownership: Understanding the 51% Rule and Permitted Shareholders

August 18, 2024 05:08 pm by LawInc Staff

California has specific regulations governing the ownership of professional corporations providing clinical social work services. The state’s “51% rule” mandates that licensed clinical social workers (LCSWs) maintain majority ownership and...

Close-up of a young woman with glasses in front of a law practice sign

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 Professional Corporation in California

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...

Abstract image representing California LLC and corporation franchise tax.

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...

Forming a Physician Assistant Corporation in California

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...

An attorney stands beside a sign with the question "LLC?" depicted in a thought-provoking manner, illustrating the dilemma faced by legal professionals in California regarding the use of Limited Liability Companies in their practice.

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...

Psychologist looking at the camera with confidence.

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...

Image of an LLC owner contemplating the Corporate Transparency Act penalties

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...