Startups

RECENT ARTICLES

Tesla Cybertrucks on a delivery truck, signifying their distribution to businesses.

Cybertruck and S Corporations: An Electric Combo for Business Taxes

December 08, 2023 02:12 pm by Zach Javdan

When it comes to electric pickups, Tesla’s long-teased Cybertruck has revved up a lot of chatter. Its recent customer deliveries and angular styling definitely turn heads. But beyond the hype...

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...

Female entrepreneur standing proudly in front of her Tesla Model X, showcasing the synergy of luxury and smart business decisions

How Forming an S Corporation and Buying a Tesla Model X Can Save You Thousands in Taxes

September 29, 2023 08:09 pm by LawInc Staff

In the ever-evolving landscape of electric vehicles, Tesla continues to make waves, not just with its groundbreaking technology but also with its strategic pricing decisions. The recent announcement of a...

Graphic representation of the Corporate Transparency Act (CTA) with symbols of scales, documents, and business entities, emphasizing the importance of compliance and transparency in the business sector.

Why Corporations & LLCs Must Prepare for the Corporate Transparency Act Now

September 12, 2023 07:09 pm by LawInc Staff

The Corporate Transparency Act (CTA) represents a significant shift in the business regulatory landscape, designed to bolster transparency and counteract money laundering, terrorism financing, and other illicit financial activities. As...

Incorporation attorneys are an essential part of starting a corporation or LLC.

Incorporation Attorney: 5 Critical Advantages

January 21, 2023 07:01 pm by LawInc Staff

Incorporation attorneys play a crucial role in ensuring that your C corporation or S corporation is established correctly from the outset. Many individuals and businesses opt for the “do-it-yourself” approach...

S Corporation Formation

California S Corporation: Dangerous Formation Mistakes

January 10, 2023 07:01 pm by LawInc Staff

California S corporations offer great benefits like limited liability protection and tax savings. Unfortunately, many S corporation owners often miss critical steps during the incorporation process which can lead to...

Starting an S corporation

Start an S Corporation?

January 02, 2023 07:01 pm by LawInc Staff

Want to start an S corporation for liability protection and tax savings? Eligibility To qualify to form an S corporation (also known as a small business corporation), your corporation must have 100...

Significant Penalties Appy under the Corporate Transparency Act

Corporate Transparency Act Penalties: $500/Day & Prison Time

November 10, 2021 03:11 pm by Zach Javdan

Since significant penalties are associated with willful noncompliance with the Corporate Transparency Act, it is important to comply if you have an existing corporation or LLC in the United States....

Baubax: Do-It-All Travel Jacket Takes Kickstarter by Storm

September 03, 2015 05:09 pm by LawInc Staff

Hiral Sanghavi just wanted to raise $20,000 to develop his travel jacket, called Baubax. He didn’t expect to raise millions. But that’s exactly what happened when he put the project on Kickstarter...

This San Francisco Startup Company Has 'Robots' Serving Quinoa

September 02, 2015 02:09 pm by Jackson McNeill

Many glossy-eyed teenagers get their first paycheck working as cashiers at local fast-food joints. Those jobs, however, may just be about to disappear. Enter Eatsa. Eatsa is a new San Francisco startup...