Forming a corporation or an LLC in California can be complicated and difficult to navigate. Thankfully, there are resources that can help you get through the process without “breaking the bank.” Legal Stepz is an informative legal platform that helps those who would like to form a business and to stay in compliance with the 2019 Corporate Transparency Act (CTA). ...

Written by: Peter Bronstein, Esq. and accountant at Law Office of Peter Bronstein, CEO of legalstepz.com and radio host at KHTS for Ask Brien. 2024 has officially arrived and in typical fashion, the United States government has implemented a new law affecting anyone who forms a corporation, a limited liability company or a multitude of creating a business using any ...

Operating a limited liability company (LLC) offers a flexible structure for entrepreneurs, combining the benefits of a corporation with those of a partnership. However, managing such a company requires a robust understanding of its unique dynamics. In this article, you’ll discover these intricacies and get a comprehensive guide on the best practices for managing your LLC effectively. 1. Understanding Your ...

As an entrepreneur, you know that understanding the legal side of your business is essential to success. Knowing when it’s time to hire a lawyer can be a difficult decision and one that shouldn’t be taken lightly. With so much at stake, it’s important to understand not only when you need help but also what kind of help you need ...

Starting an LLC: Articles of Organization and the Purpose of LLC Whether you’re starting a new small business or looking to generate a new business in a different state, there is a difference between the general notion of a purpose and the legal definition: the specific business intent for which your company has been formed. In many states, you are ...

A step-by-step guide for start-up businesses in the state of California Starting a business includes a lot of paperwork to be filed and government guidelines to follow. This can be overwhelming for many new entrepreneurs. The guide that follows can assist any prospective business owner with successfully establishing an LLC in California. Step 1: Define the business niche The first ...

S corporations, or S corps, are an Internal Revenue Service (IRS) tax designation that is often confused as a business entity. Instead, it is an option that certain business entities (namely LLCs and corporations) are free to elect by submitting Form 2553 to the IRS. As such, it is recommended for businesses to start an S corp by forming themselves ...

Craving starting your own food business? We’ve all got to eat. That’s something that’s never going to change. Local food businesses can be one of the easiest and most fulfilling to start. That’s because, putting together a powerful business plan is a bit easier than in other industries.  Recently, we’ve also seen food-related businesses become some of the hottest and ...