Mislabeling Food – California Health Code
When you enter a restaurant or a store, it is the signage that explains the foods being offered and the ingredients they contain. In California, the state takes legal measures to ensure the protection and…
How Could You Avoid Fraud in Your Small Business?
One of the most troubling concerns bedeviling small business owners is a fraud by the people they have entrusted to run their businesses. To avoid fraud, it behooves us to take reasonable precautions to keep…
S Corporations v. Payroll Taxes: A Balance of Salary and Distributions
A recent tax case won by the IRS has closed a loophole employed by S corporations to circumvent paying payroll taxes by characterizing their wages as distributions. This ruling might have serious repercussions in the…
Antitrust Laws in California
According to federal and state regulations, antitrust laws aim to limit unfair practices by companies as they artificially change prices for the consumer. These regulations are important as they help the continued growth of economies,…
Student Financial Aid V. Taxes: A Dichothomy
Most students receive financial aid to attend public or private universities. The question then arises if such aid is taxable or not. Let us explore the intricacies involved in treating financial aid taxable or non-taxable.…
What is a TV Development Contract?
What is a TV Development Contract? Such a contract is produced when a TV network wishes to produce a ‘risky’ TV program. Typically, this program is first shown to a focus group before committing to…
What is Extortion Crime in California
What is Extortion Crime in California Extortion, also popularly known as blackmail, can occur under California Penal Code 518 PC with the following: using force or threat to a) extort money or property from a…
S And C Corporations In California
S And C Corporations In California When people set up their company structures, one of the first decisions they have to make is choosing the best form of incorporation for their business. In California,…
Trade Secrets – What Are They?
In many movies, the terms trade secrets are often thrown around when individuals speak of the stock market or insider trading. Trade secrets actually have a wider definition beyond insider trading, including sensitive marketing information,…