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  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” in a way that will allow [...]

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 [...]

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. [...]

California Court of Appeal Shuts Down Machine Zone’s Attempts to Learn Identity of Scathing Anonymous Glassdoor Reviewer

What can a business do about an anonymous review that reveals extremely sensitive and damaging information on a public review site about the inner workings of a business, its investment activities and funding, the personalities of its leadership, and its operations? Absolutely nothing, says the California Court of Appeals, and a new decision recently issued a [...]

Basics of Non-Disclosure Agreements

An Overview of Non-Disclosure Agreements in California and What They Should Contain A non-disclosure agreement, also known as a confidentiality agreement or “NDA,” can be an important part of doing business in California, throughout the nation, and internationally. A non-disclosure agreement is an agreement by which two parties agree that the information they share with [...]

The Rare Taxpayer Win: California Court of Appeals Rules Passive Investment in California Entity Does Not Constitute “Doing Business” in California

In a rare move in the favor of taxpayers, the California Court of Appeal recently issued a decision determining that passive business owners actually do not need to pay taxes to the California Franchise Board if the business is located out of state. Everyone knows about the California Franchise Tax Board's dreaded $800 minimum annual fee [...]

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