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A Brief Guide to Trade Secrets: Safeguarding Your Business Advantage

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Trade-Secrets--Featured A Brief Guide to Trade Secrets: Safeguarding Your Business Advantage In the competitive business landscape, one of the most valuable assets a company can possess is its trade secrets. These are confidential pieces of information that give a company a…
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Posted in Business Law, Business Planning, General, Personal Law, Tax Law

How the legal process work for businesses in California

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businesses in California How the legal process work for businesses in California Running a business in California can be a rewarding and exciting experience. However, as with any business venture, there are legal requirements that must be met. Understanding how the legal process…
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Posted in Business Law, Litigation Series, Tax Law

What kind of taxes are to be paid for commercial real estate properties?

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commercial real estate What kind of taxes are to be paid for commercial real estate properties? As an owner of commercial real estate, it is essential to understand the taxes associated with your investment. Due to their familiarity with residential property, the majority…
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Posted in Real Estate, Tax Law

Filing Requirements Part ll – Failure to File Tax Returns

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Failure to File Tax Returns Failure to File Tax Returns If a corporation or LLC fails to file their tax returns, pay their taxes, or pay any fees and interest their rights, powers, and privileges could be suspended. An LLC is considered a pass-through entity…
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Posted in Tax Law

Out-of-State Partnership in California

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Out-of-State Partnership in California Out-of-State Partnership in California The company LCP VII Holdings LP was a foreign partnership with holdings in entities both in the United States and abroad. The company had California-source income from pass-through entities. On the basis that they did not…
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Posted in Tax Law

Tax Implications of Children’s Summer Jobs

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Tax Implications of Children's Summer Jobs Tax Implications of Children’s Summer Jobs If you employ your child during the summer season you open yourself up to some coveted and vaunted exemptions. In order to avoid tax pitfalls, be aware of the possible tax risks you might…
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Posted in Tax Law