Corporations
Navigate the world of corporations with ease. Find essential insights, expert advice, and practical tips tailored for C and S corporations. Whether you're starting a new corporation or have an existing entity, we've got you covered every step of the way!
RECENT ARTICLES
Massage Therapists: Unlock Major Tax Savings with an S Corp in California
December 23, 2024 02:12 pm by LawInc Staff
If you’re a massage therapist working as an independent contractor in California, you’re likely wearing multiple hats—marketer, scheduler, therapist, and accountant. With so much on your plate, it’s easy to...
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...
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...
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...
California S Corp Asset Protection: How to Use Your Business to Shield Your Personal Assets (And Avoid Lawsuits)
September 04, 2024 09:09 pm by Zach Javdan
Incorporating your business as an S corporation in California can provide significant asset protection benefits by separating your personal assets from your company’s legal liabilities. When properly structured and maintained,...
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...
The Solopreneur's Dilemma: When to Level Up from Sole Proprietor to California S Corp
August 09, 2024 02:08 pm by LawInc Staff
As a California solopreneur, you’ve poured everything into building your business. But as your business grows, you are probably considering whether it’s time to upgrade from a sole proprietorship to...
The Reasonable Salary Requirement: Mastering Compensation Rules for S Corp Owners
August 01, 2024 05:08 pm by Zach Javdan
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...