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
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...
The Entrepreneur's Blueprint: Setting Up and Running Your California LLC or S-Corp
June 27, 2024 07:06 pm by Zach Javdan
Starting a small business in California as an LLC or S-Corp can offer liability protection and tax advantages, but maneuvering through the formation and management process can be complex. This...
Celebrity LLC vs. Loan-Out Corporation: The Ultimate Guide
June 22, 2024 09:06 am by Zach Javdan
Celebrities, entertainers, and high-profile individuals often use legal business entities to manage their income, protect their assets, and optimize their tax strategy. Two popular options are the LLC (Limited Liability...
The Entrepreneur’s Legal Survival Guide: From Idea to IPO
May 22, 2024 12:05 pm by LawInc Staff
Starting a business and growing it into a successful enterprise ready for an Initial Public Offering (IPO) requires navigating a complex legal landscape. Key legal considerations arise at each stage...
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...