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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...

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The Ultimate Loan Out Company Guide: Maximize Your Income and Minimize Your Taxes

November 30, 2024 09:11 pm by LawInc Staff

If you’re an entertainer, artist, consultant or other provider of professional services, forming a loan out company can offer significant tax advantages and liability protection. But how exactly do these...

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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...

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Israeli AI Startup Decart Raises $25 Million, Achieves $500 Million Valuation Weeks After $21 Million Seed Round

November 27, 2024 01:11 pm by LawInc Staff

Israeli AI startup Decart hits $500M valuation with lightning-fast $25M funding round, weeks after $21M seed investment. Company Fundamentals Founded: Late 2023 Location: Tel Aviv, Israel Founders: Dean Leitersdorf (CEO) and Moshe Shalev Elite Background:...

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10 Legal Mistakes Every Entrepreneur Must Avoid for Startup Success

November 26, 2024 09:11 pm by LawInc Staff

A single mistake when operating a business can have catastrophic consequences. Accordingly, entrepreneurs and business owners should be careful to avoid the following: 1. Neglecting Proper Business Entity Formation Choosing the wrong...

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Avoiding the Out-of-State LLC Trap: Why It's Usually Best to Keep Things Local

November 15, 2024 10:11 pm by Zach Javdan

Many entrepreneurs are lured by the siren song of forming their LLC in business-friendly states with low filing fees like Delaware, Wyoming or Nevada. But unless your company has a...

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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...

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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,...

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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...

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The FTC's Review Rule Bombshell: Kiss Your Fake Followers and Reviews Goodbye or Face the Legal Consequences

August 16, 2024 12:08 pm by LawInc Staff

The FTC’s new rule on the use of consumer reviews and testimonials aims to crack down on deceptive practices involving fake reviews, undisclosed paid endorsements, and review suppression. Understanding the...

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