by mchuah | May 17, 2022 | Uncategorized
ARTICLE: Limited Liability Corporations (“LLC”s) are an interesting business entity that allows entrepreneursto operate like a general partnership but retain the majority of protections of a corporation. One of the key components during the formation of an LLC is the...
by mchuah | May 17, 2022 | Business, Tax
ARTICLE: When someone is presented with the term “non-profit”, there is an automatic assumption that a non-profit equals charity, and by default tax exempt. Nothing can be further from the truth. We provide a top level discussion next. A non-profit organization is...
by mchuah | May 17, 2022 | Business
ARTICLE: On September 18, 2019, California enacted AB5 into law. If you have not been keeping up, AB5 targets businesses that use independent contractors to help support their operations. On January 1, 2020, all persons working for a business are presumed employees...
by mchuah | May 17, 2022 | Tax
ARTICLE: If you are drowning in debt and working harder and harder to make ends meet, you may think a bankruptcy filing is the only way out, but that is not necessarily the case. Filing for bankruptcy is one solution, but it is a drastic step that should only be...