Rental income serves as a way entrepreneurs familiar with property investments may find potentially lucrative. As long as the rental income exceeds expenses, then the venture could be worthwhile. New California landlords might overlook an unavoidable cost: taxes....
California businesses who enter into contracts will likely end up handling an anticipatory breach at some point in time. As a business owner, it is vital that you understand how to recognize this breach. This way, you can react accordingly to help ensure the financial...
California home and property buyers should be well informed about a property disclosure. This is a mandated document by the state of California that requires the seller to specify any major issues with the property. As a buyer, this document will help you to determine...
A California small business owner could go many years without facing a lawsuit. Then, one day, a process server arrives. Unfortunately, any business could find itself facing litigation. Everything from an unsatisfied customer to a premises liability claim may result...
The state of California holds the right to suspend any business that doesn't properly pay its tax bill. During this suspension, the business loses its rights, privileges and powers to do business within the state. In the event that your business is suspended due to...
Estate planning for wealthy individuals can be a complicated process. Individuals with wealth need to consider taxes, confidentially, and other matters more than people with less assets. Individuals in California and other states should keep have considerations in...
There are all kinds of things the government does to incentivize investment and job growth. Section 179 of the IRS tax code allows people to deduct money used for business equipment, for example. Section 1031 makes it possible for California investors to limit their...
If you are creating an estate plan in California, there are a few common mistakes that you can avoid. One of them is not being an active participant when you prepare it with the help of a professional. You should understand all the elements of your estate plan and ask...
Reverse mergers, also known as reverse takeovers, are when a private company goes public. This has been a trend that many private companies in California have adopted. During the merging process, a private company becomes the controller of a shell company with fewer...
When someone dies in California, their will decides how their physical assets will be distributed. But what about their digital assets? An increasing number of people are neglecting to include digital assets in their wills, ranging from social media profiles to money...
