1. Register your business with the state: This legitimizes your business, gives you the ability to apply for grants and loans, and allows you to receive an employer identification number (which means you can establish business bank accounts). 2. Create business bank...
A: We opened the year of Iron Man 3, the Harlem Shake, and the iPhone 5s...AKA 2013! After receiving his license to practice law in the state of California in 2011, Trevor spent 18 months as both General Counsel and MLBPA Certified Player Agent at California Sports...
A: Business interests, whether a sole proprietorship, an LLC, a corporation, or a different type, are quickly and easily transferred into a trust by signing and notarizing a legal document titled "Assignment of Business Interest". We prepare these "Assignments"...
A: Answering this question requires a complex analysis of several factors, and, due to IRS requirements that the salary should be "reasonable", this question should generally be answered by a qualified CPA. However, one fact to keep in mind is that the MAXIMUM amount...
A: Business interests, whether a sole proprietorship, an LLC, a corporation, or a different type, are quickly and easily transferred into a trust by signing and notarizing a legal document titled "Assignment of Business Interest". We prepare these "Assignments"...
A: Register your business with the state: This legitimizes your business for both you and your consumers, gives you the ability to apply for grants and loans, and allows you to receive an employer identification number (EIN), which means you can establish business...
A: Unfortunately, ALL of your personal assets will be on the hook for your mistakes as a business owner while operating as a sole proprietorship. Your only line of defense will be your insurance coverage, assuming you have it. On the other hand, if you had...
A: Here are some legal essentials that can help protect your growing business: Register your business: Registering your business with the state legitimizes your business for both you and your consumers, gives you the ability to apply for grants and loans, and having...
When you own a business, you need to include it in your estate plan. Not including it means that the business could be passed on to a beneficiary that you didn't designate after your death. It could be sold or run in a way that you would not have approved of.When...
Your family business is likely more than one thing. It could be a mainstay of your family throughout generations, a source of income and employment, a place of fulfillment for multiple family members and more.As the owner of your California company, bar, restaurant,...
