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By: Tamara Pow Limited Liability Companies (LLCs) are complex entities for tax purposes. Generally, for LLCs choosing to be taxed as a partnership, the taxation of independent members depends on the profits or losses of the entity, and the basis of the LLC Member....
By: Tamara Pow Before you make a contribution to an LLC in exchange for a membership interest, beware that some member contributions to LLCs are taxable. For a limited liabilty company (“LLC”) taxed as a partnership, the general rule is that members do not...
Becoming an incorporated business has many advantages, including liability protection and ease of growth and transferability. However, incorporating a business requires payment of state franchise taxes, and fees to other professionals including attorneys and CPAs. If you are interested in incorporating your business, a...
Often, entrepreneurs or business owners who are trying to exercise financial restraint while operating a business decide to forge ahead and make important decisions without the advice or input of a corporate attorney near San Jose. This can have unseen, long term consequences, since...
To form a business, you need a lot more than just a good idea and a marketing strategy. You need the expertise of a corporate attorney . A corporate attorney near San Jose can help you make the right choices for your business today...
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