The Importance of
Well-Drafted Corporate Documents

The purpose of incorporating is liability protection, but without taking care to complete each step of the process, the corporation can be disregarded ("piercing the corporate veil") and the shareholders can be held personally liable. More...

The Knee-Jerk LLC

LLCs have too often become the knee-jerk choice for most new businesses over the past few years. However, as the California gross receipts tax has risen (and as clients have expressed dissatisfaction with the cost), it is time to compare the advantages of LLCs with other options. This article examines some of the factors that can be used to determine whether the LLC is the right structure for a particular business. More...

Debunking the "Nevada Incorporation" Myth

Radio advertisements, even scholarly print and web-based articles, tout the notion that entrepreneurs are substantially better protected from litigation, or receive other tax and financial benefits, if their corporation is formed in Nevada rather than in California or other states. These are myths. More...