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 [...]

Founders Agreements: A Comprehensive Guide

Everything you need to know about preparing a  Founders Agreement for a New Startup + Templates, Samples, Founder's Agreements and more ► Startups and Ventures Practice ► Basics of Founders Agreements Founders agreements can be one of the most important tools for a new start up, or existing startup that is on the verge of receiving investment funds. [...]

Does your Company Need to Obtain Foreign Qualification To Do Business in California?

Ken Lund / / CC BY-SA Many business owners form new business entities in states like Delaware or Nevada thinking that they will save taxes or fees by incorporating those states, even though they are doing business in California. The reality is that if a business is “doing business”  in California, such [...]

Business Tax Calculator – Sole Proprietorship vs C Corp vs S Corp vs LLC

Could Forming an LLC, S Corp, or C Corp Save You Business Taxes? One of the top questions that clients ask is for real life example of how switching to a C Corp,  S corporation, or LLC could benefit them from a tax perspective.  Obviously, there are many variables the determine your overall tax rate from a [...]

Should I Form an LLC or a Corp?

If you are thinking about starting a new company, chances are, you have probably wondered whether you should form an LLC or a Corporation. It doesn’t help that the differences are sometimes confusing, when considering that taxation, accounting, management, and operational issues can influence which entity is more favorable.  We've put an overview together to [...]

Can a California Corporation Do Business in Nevada to Save on Taxes or Fees?

Owners of a California corporation may wonder from time to time wonder whether it would be cheaper or save money on taxes or fees by doing business in Nevada instead of California. These days it seems easy to do business in any state or country in the world, but there are steps to take if you [...]

Do Founders Really Need a Restricted Stock Purchase Agreement for Founder’s Shares?

One of the basic issues founders are confronted with is whether they should take their founders' shares of the startup subject to a restricted stock purchase agreement, or outright with no restrictions on the shares. What is an RSPA? What's it good for? Is it really necessary? Here are some thoughts to help answer questions that [...]

Risk v. Reward: Thinking of Starting a Marijuana Dispensary or Delivery Startup?

With the flurry of nationwide activity loosening restrictions for the purchase and use of marijuana for medical purposes, entrepreneurs and investors interested in cannabis-based businesses generally wonder the same thing: is the risk and expense worth the profits that a new marijuana dispensary or delivery service could bring in? In California, the answer generally is, "it [...]

MIT Scientists Identify Mathematics Behind Startup Success

Of the 600,000 businesses that startup each year in America, only 1/2 will survive to see their 4th anniversary. In a new study published in the journal Science, a duo of MIT economists argue that a handful of few key factors seem to be associated with the potential for success. They have developed a mathematical [...]

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