The Importance of Maintenance on your Corporate or LLC Status

Legal Requirements Never before has it been easier to form a Corporation or LLC. Once you have made a decision between the two structures, the details of establishment can be implemented relatively quickly. With agencies boasting 15-minute forms and 24-hour Articles of Organization, the convenience often belittles the subsequent maintenance. We would

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The Role of External Consultancy In A Closely Held Corporation

Some Limitations and Restrictions Closely held corporations, sometimes called close corps, are companies controlled by a small number of shareholders. In most cases, the original investors maintain control of their shares for the long-term, with little interest in selling shares or relinquishing any powers. “Closely held” is defined by the IRS as

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Avoiding Personal Liability from Operating Your LLC or Corporation

One of the main reasons for forming any San Diego business entity is to avoid personal liability for your company’s obligations incurred during business. In this article, we provide you with information to avoid liability, including a checklist produced by the California courts for determining whether the alter-ego doctrine might be applicable.

Mergers and Acquisitions: Taxable Acquisitions & Tax-Deferred Reorganizations

This article will provide a brief overview of certain taxable transactions and the ramifications in M&A transactions, including those certain tax-deferred reorganizations under §368 of the Internal Revenue Code.  Often, due to the fact that the taxes are deferred under IRC §368, these M&A transactions are referred to as “tax-free.”