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Blogs: LLC and Business Formation

Taxes January 12, 2009

Financial statements and Fundability

In business, some of the “statistics” that can tell such damning lies are the numbers found on company balance sheets and income statements. Too often, the reality is not accurately reflected in the numbers. Accounting is not intended to be a creative art, but in the hands of the right practitioner or aggressive entrepreneur, the […]

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Legal October 6, 2008

Piercing the Corporate Veil in California

Stephen M. Bainbridge is arguably the brightest mind in the field of corporate law in California.  He is the William D. Warren Professor of Law at the UCLA School of Law, and has written extensively about all aspects corporate law.  Not to be stereotyped as a high-brow elitist intellectual, Professor Bainbridge maintains a family of […]

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Business formation July 21, 2008

Choosing the Best Entity

In business, there is potential trouble literally everywhere –contracts, product liabilities, employee problems, intellectual property mistakes, etc. – clogging our courts with litigation and costing small business billions of dollars. Too often, those costs reach beyond just the business world and find the pocket of unwary entrepreneurs that failed to grasp the value of protecting […]

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Personal Developement February 13, 2007

Personal Growth

It is always important to focus on personal growth. I found a website that focuses on many different areas of an individual’s personal growth and development. A few areas that the site focuses on is time management, stress management, information skills, communication skills, memory improvement, leadership skills, problem solving, decision making, project planning and practical […]

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Retirement & Estate Planning January 20, 2007

Charitable Remainder Trust

A Unitrust, also called a Charitable Remainder Trust or CRT, allows taxpayers to reduce estate taxes, eliminate capital gains, claim an income tax deduction, and benefit charities.  It also requires that a fixed percentage (minimum 5%) of the annual value of trust assets be paid to the income beneficiary. For example, a CRUT with a […]

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