Independent Contractor or Employee? Orange County Employment Attorneys Say the Answer Could be Vital for Your Business

What do you do when you start or expand a business, but do not want to deal with the hassle of hiring employees and complicating your day-to-day tasks with tax withholdings, Social Security contributions, unemployment, disability, and workers’ compensation insurance? Can you just call a worker an independent contractor at the outset of your relationship…

Read More

Irvine Business Lawyer Answers the Question: Is This Agreement an Enforceable Contract?

Do you know the difference between an agreement and a contract?  Sometimes these terms are used interchangeably, but there is a difference. An agreement is a general term referring to an understanding reached between two or more parties. A contract is a type of agreement that establishes obligations that make the understanding agreed upon legally…

Read More

SHAREHOLDER RIGHTS AND REMEDIES

Shareholders sometimes file lawsuits to protect their interests in a corporation or because of harm done by the corporation. The most common types of shareholder actions are:  derivative actions, direct actions, and appraisal actions. In this article, our Irvine shareholder litigation lawyers provide an overview of each of these types of actions. DERIVATIVE ACTIONS Derivative…

Read More

Newport Beach Corporate Lawyers Answer Questions About Piercing the Corporate Veil

In this post, our Newport Beach corporate lawyers answer questions about the corporate veil and offer practical suggestions for protecting your personal assets from corporate liability. What is the Corporate Veil? “Corporate veil” is a phrase used to describe the legal concept that a corporate entity (such as a corporation or LLC) and its shareholders…

Read More

Tax Deductions for Small Businesses, from an Irvine Business Attorney

One of the advantages of owning a small business is the opportunity to write off legitimate expenses of operating your company to lower your tax burden. However, there are different approaches to determining exactly what is and perhaps more importantly what isn’t a legitimate tax deduction. Although most businesses have clearly established categories that will…

Read More

Suggestions from a Costa Mesa Business Attorney on Improving Cash Flow

A Costa Mesa business attorney is often retained to provide advice for new businesses. He or she can provide insight into the characteristics that are necessary to run a successful business. One of these characteristics is to have a handle on cash flow. Some ways to improve your cash flow include: Only Buy What You…

Read More

Orange County Business Attorney Tips for Saving Cash as a Small Business

If you own a small business and need more cash, your Orange County business attorney should have plenty of helpful suggestions. Without question, however, the best way to save money is by not spending it. With that in mind, put these tips to work to more effectively hoard cash for your small business. Reduce credit…

Read More

Tax Deductions for Small Businesses

A business lawyer Orange County plays many important roles. One is to help a business determine how many valid tax deductions it can claim. By taking deductions, the amount of profit is reduced, which has the effect of reducing the business’ tax liability. Some key deductions that small businesses may be able to claim include:…

Read More

The IRS and Small Business Tax Debt

An Irvine Business Lawyer on Small Business Tax Debts and the IRS If your business owes the IRS money, you cannot ignore the matter. The government does seem to move slowly at times, but sooner or later it will come after you, and the potential penalties only become worse with time. Of course, the issue…

Read More