Rabeh M. A. Soofi

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So far Rabeh M. A. Soofi has created 475 blog entries.

Could Your LLC Save on Taxes by Converting to an S Corp?

As an LLC owner, one of the things that you should think about is whether the business should remain an LLC, or whether your business would benefit from changing its corporate structure to something else, such as an S Corp. If you’re thinking of the disadvantages and advantages of changing the corporate structure of your [...]

Can a California Employer Ask Job Applicants to Disclose Criminal History?

New California Laws Severely Restrict Inquiries about Job Applicants’ Criminal History Updated August 2017 - Is your business still asking applicants about their criminal history in making hiring decisions? California state law and municipal regulations continue to expand “ban the box” laws, which restrict an employer's ability to ask about an applicant's criminal history when [...]

Is an Officer of a Corporation An Employee?

► Business & Startups FAQs | Knowledge Base One of the top questions we get in the area of corporate governance is whether an officer of a corporation is an employee. Such a common question should have a very easy answer, right? So why is it so hard to get a straight answer on this? The [...]

Thinking about an Offshore Bank Account? Is Offshore Banking Even Legal? The Basics of Setting up an Offshore Bank Account

Have you ever wondered whether you might benefit from having an offshore bank account? Taking steps to ensure that your assets are protected and do not fall victim to frivolous lawsuits are not only perfectly legal, they can be part of any asset protection strategy. Although the phrase “offshore banking” conjures up all types of negative [...]

Tips from Tesla’s Elon Musk: Should You Test How Useful Your Employees Are to Your Business?

Credit: Wikipedia In a biography of Elon Musk written back in 2015, there is a story about how Musk stopped working with his longtime executive assistant. Apparently,  after she asked for a raise, he responded by testing whether she was truly useful to him or not. According to the biography, Musk's assistant Mary [...]

Top Tax Savings Tips When Paying Yourself as a Business Owner

How Should You be Paying Yourself as a Business Owner to Reduce Your and Your Business's Overall Tax Obligations? Our Guide Breaks Down the Details  *** Updated as of August, 2017 Probably the most frequent question that small business owners ask their lawyers and accountants is “how should I be paying myself as a business owner” [...]

Can a California Employer Ask Job Applicants to Disclose Criminal History?

 New California Laws Severely Restrict Inquiries about Job Applicants’ Criminal History   Is your business asking applicants about their criminal history in making hiring decisions? California state law and municipal regulations continue to expand “ban the box” laws, which restrict an employer's ability to ask about an applicant's criminal history when making hiring decisions. Recently, [...]

Thinking of Hiring an Influencer to Help Promote Your Business or its Products and Services? Here’s What Your Influencer Agreement Should Look Like:

Hiring an influencer can be a very effective marketing strategy depending on your business. Getting a social media celebrity involved in your company's business development goals isn't just for large blue-chip companies anymore. This strategy can actually deliver a return on investment for all levels of marketers. According to RhythmOne's Influencer Marketing Benchmarks Report and [...]

Thinking of Hiring a Freelancer? Tips to Protect Your Business When Using Freelancers

It is common today for more and more businesses to hire freelancers instead of full or part-time employees. Hiring a freelancer, often referred to as an independent contractor, can make sense both financially and from a general business standpoint. Some of the benefits of hiring a freelancer include instant support and greater expertise for specific [...]

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