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By: Phillip Wang, Esq. When a business files for bankruptcy, one of the common risks to creditors is the threat of preference actions. These claims, brought by bankruptcy trustees or debtors, aim to claw back payments made to creditors within 90 days prior to...

By: Phillip Wang, Esq. One of the ancillary disputes that can occur when a debtor files for bankruptcy is whether specific payments or other transfers made before the petition filing can be recovered by the bankruptcy estate as preferential transfers. Our knowledgeable attorneys specializing...

By: Serge Filatov & Jack W. Easterbrook, Esq. An accountancy corporation must have at least one shareholder with an active California CPA/PA license. Generally, each director, shareholder, and officer must hold a valid license to practice public accountancy, but non-licensees may be shareholders or...
By: Serge Filatov & Jack W. Easterbrook, Esq. Accountancy corporations must renew their licenses every two years to retain practice rights and good standing in California. The CBA will mail renewal forms with instructions approximately two months before the license expiration date. Failure to...
By: Serge Filatov & Jack W. Easterbrook, Esq. Your firm’s name must meet the requirements set forth in the California Business and Professions Code [https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=BPC&sectionNum=5060] and California Code of Regulations [https://www.dca.ca.gov/cba/about/regulations.shtml#75.5]....
By: Serge Filatov & Jack W. Easterbrook, Esq. Before practicing or holding out to the public as an accountancy corporation, the corporation must be approved for licensure by the CBA. The application packet, available on the Firm Applicants page, includes a Check Sheet to...

Accountancy partnerships in California are subject to specific rules and regulations that must be followed to remain in compliance. In this blog, we will provide guidance on renewal of licensure as well as how to dissolve a partnership. Partnership Renewal and Dissolution A partnership...

Accountancy partnerships in California are subject to specific rules and regulations that must be followed to remain in compliance. In this blog, we will provide guidance on handling changes that may occur in the partnership. Managing Changes in Your Partnership Whenever there is a...

Accountancy partnerships in California are subject to specific rules and regulations that must be followed to remain in compliance. In this blog, we will discuss some rules governing the use of partnership names. Naming Your Accountancy Partnership The name of the firm must meet...

Accountancy partnerships in California are subject to specific rules and regulations that must be followed to remain in compliance. In this blog, we will discuss some considerations when establishing and maintaining an accountancy partnership in California. Establishing an Accountancy Partnership An accountancy partnership in...