Business in California, as well as individuals, will see a drop in the California Sales & Use Tax in 2017. Diane Hartley, Board of Equalization, distributed a detailed explanation of the sales and use tax drop from 7.50% to 7.25%. In addition to the California...
With Small Business Saturday less than one week away, we encourage everyone to go out and support their favorite small business. On September 14, 2016, thirty six (36) Republican and Democratic Senators introduced a senate resolution, which recognizes November 26,...
"With so many online incorporation services in the market, why should I retain a business attorney to help me incorporate and operate my start-up?"The rise of legal tech companies has certainly caused many entrepreneurs to question the benefit of a business attorney...
Earlier this summer, an important piece of legislation that affects numerous businesses was signed into law. Pertinently, Assembly Bill 1722 was signed into law by California Governor Jerry Brown on July 22, 2016 and becomes effective January 1, 2017.The bill amends...
Traditionally, directors of for-profit businesses are required to perform his or her duties in a manner that he or she believes is in the best interests of the corporation and its shareholders. This is often referred to as the duty to maximize financial return to...
Last month, the California Supreme Court handed down a decision that held that businesses must pay employees that "retire" in the same manner as prescribed by the Labor Code for employees who "quit." (McLean v. California, 1 Cal. 5th 615 (2016).)Under current...
"I obtained a DBA ("doing business as") for my corporation by filing a fictitious business name statement. Does that mean that the name of my business is protected from others who may want to use it?"Unfortunately, quite a few small business owners are under the...
A buy-sell agreement is a business contract most commonly entered into by individuals shareholders and the corporation. In simple terms, a buy-sell agreement is primarily used to restrict the transferability of the shareholder's shares of stock in the corporation by...
Yesterday, Acushnet Holdings Corp., the parent company to major golf brands, Titleist and Footjoy, filed for an Initial Public Offering (IPO). According to some leading research firms, the Acushnet IPO could raise as much as $300 million. Acushnet's Form S-1 didn't...
Entreprenuers and startup businesses in San Diego County should be excited because San Diego Startup Week begins today and runs through Friday, June 17! The week of events "brings together entrepreneurs to share progress, exchange resources, and celebrate the...