LLCs
Navigate the world of Limited Liability Companies with ease. Find essential insights, expert advice, and practical tips tailored for LLCs. Whether you're starting fresh or fine-tuning your existing LLC, we've got you covered every step of the way!
RECENT ARTICLES
LLCs for California Real Estate: Why they are Crucial
December 31, 2023 02:12 pm by Zach Javdan
With hundreds of thousands of LLCs formed each year in California alone, limited liability companies remain a popular choice for real estate investors. LLC formation is a crucial step for California...
Starting a Business: 5 Legal Hacks Every Entrepreneur Needs
December 26, 2023 08:12 am by LawInc Staff
Launching a startup transforms imaginative visions into concrete enterprises generating value. But amidst exciting ideation, product development and fundraising initiatives, legal considerations often get overlooked by enthusiastic founders. Navigating business structure...
Airbnb Tax Loophole: Short-Term Rental Hack
December 25, 2023 11:12 am by LawInc Staff
Generating rental income often requires navigating tricky tax obligations around property assets and profits declared. However, many investors remain unaware of a handy tax loophole letting short-term rental hosts like...
LLC Formation: Understanding the Legal Benefits for Small Businesses
December 23, 2023 07:12 am by Zach Javdan
Forming a limited liability company (LLC) brings valuable protections and tax advantages prized by entrepreneurs and small business owners nationwide. Unlike sole proprietorships exposing personal assets to company debts and...
Does My California LLC Need an Operating Agreement?
December 19, 2023 03:12 pm by Zach Javdan
Forming a limited liability company (LLC) in California provides business owners valuable protections and flexibility unavailable with sole proprietorships or partnerships. However, capitalizing on such advantages requires formalizing foundational governance...
Launching a Startup in California: A Legal Roadmap
December 09, 2023 02:12 pm by LawInc Staff
With California being home to Silicon Valley and a hub of innovation, it attracts countless entrepreneurs looking to build disruptive startups every year. However, navigating the legal landscape can be...
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...
How LLC Owners Get Paid: Salaries, Distributions and Combinations
November 24, 2023 01:11 pm by LawInc Staff
As a limited liability company (LLC) owner, determining how to pay yourself appropriately involves key considerations around taxes, liability protection, and financial planning. With multiple options available, what is the...
Start an LLC in California: Top 10 Benefits
November 20, 2023 04:11 pm by LawInc Staff
With over 500,000 LLCs formed each year in California alone, limited liability companies remain a popular choice for many small business owners. Forming an LLC can help protect personal assets...
What is California's LLC Gross Receipt Tax?
November 16, 2023 01:11 pm by Zach Javdan
California levies an annual gross receipts tax on LLCs operating in the state based on their total gross receipts. This tax is in addition to the $800 minimum franchise tax....