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Disraeli once said that “there are three kinds of lies: lies, damned lies, and statistics.”
Piercing the Corporate Veil in California
In California, courts may pierce the corporate veil, holding business owners personally liable for corporate debts. Understanding the conditions for veil-piercing can help business owners maintain their corporate structure and safeguard personal liab...
Choosing the Best Entity
Small business veterans may differ on politics, taxes, management styles and even business models. But one thing they generally agree on is this: the business world is a dangerous place.
Charitable Remainder Trust
What can you do when you own highly appreciated assets and your estate value exceeds the Federal Estate tax equivalent exemption?
When is a fee a fee, and a tax a tax?
One of the issues raised in the Northwest Energetic Services case mentioned in my last post, is the question of "when is a fee really a fee, and when is a fee really a tax?"
Using Radio for Small Business
Don't get sold on frequency or branding. Radio stations sales people will tell you this because it will get a longer contract and will let you think results may not appear until weeks have passed. But your not Pepsi or McDonald's and branding and fre...
IRS Announces new mileage rules
Today, the Internal Revenue Service issued the 2007 mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.
Family LLC vs Family Limited Partnership: Which Is Right for You?
For years promoters have touted the use of Family Limited Partnerships (FLP) as a tool for owning and protecting assets and providing a mechanism for passing them on to the next generation.
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