Business

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RECENT ARTICLES

S corporations can save business owners thousands in taxes

S Corp Tax Savings Calculator Example

January 04, 2023 08:01 pm by LawInc Staff

Potential S corporation owners often ask how much money they can save with an S corporation. While it is impossible to provide an exact number, since so many factors are involved,...

California law corp group in name

California Law Corp | Can "Group" be in the Name?

January 03, 2023 05:01 pm by LawInc Staff

Are you a California attorney forming a California law corporation and want to know if you can include the word “group” as part of the corporation name? California Law Corporations Can...

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...

California Physicians Cannot Use LLCs to Engage in the Practice of Medicine

Can California Physicians use LLCs to Practice Medicine?

December 29, 2022 08:12 pm by LawInc Staff

Are you a California physician, starting a private practice, and looking for additional liability protection and tax savings? California Physicians Cannot Practice Medicine Using LLCs While most people in California are permitted...

What is a Limited Liability Company

What is an LLC?

December 28, 2022 03:12 pm by LawInc Staff

Consider an LLC if you are a business owner, or real estate investor looking for liability protection, tax savings and flexibility. Limited Liability Protection Limited Liability Companies (LLCs) can protect business owners...

loan-out corporations

What is a Loan-Out Corporation?

December 27, 2022 04:12 pm by LawInc Staff

Are you a freelancer considering forming a loan-out corporation for tax savings and liability protection? Typically Used by Freelancers Loan-out corporations (also known as loan-out companies) are usually used by freelance workers...

California's 15 Day Rule for Corporations and LLCs

November 07, 2022 10:11 am by LawInc Staff

Looking to get a head start with your California corporation or LLC and avoid potential filing backlogs right after the New Year? Consider incorporating or forming an LLC between December...

Always Use an Incorporation Attorney When Forming a Corporation

Incorporation Attorney Benefits

June 26, 2022 02:06 pm by LawInc Staff

In an attempt to save money, many new business owners avoid using an incorporation attorney and choose to either incorporate on their own or use an unqualified document filing service....

S Corporation Tax Savings

How to Save Thousands in Taxes With an S Corporation

January 06, 2022 11:01 am by Bryan Kesler, CPA

It’s a well-documented fact that over 70% of businesses in the USA comprise sole proprietorships. This means that they are a single-owner enterprise, with the owner functioning independently. Sole proprietorships...

FinCEN Beneficial Ownership First Rule

Treasury Issues Historic Business Ownership Reporting Rules Impacting Millions

December 08, 2021 11:12 pm by Zach Javdan

Today, the U.S. Treasury Department’s crimefighting division, the Financial Crimes Enforcement Network (FinCEN), published a notice of proposed rulemaking (NPRM) concerning the Corporate Transparency Act (CTA), which is intended to...