Category Archives: Business Counseling
Forming a Business Entity… Which Entity is Right for Your Small Business or Start-up?
By Daniel Richardson One of the most common questions I am asked by owners of small businesses and start-ups is whether they should form a business entity, such as a corporation or limited liability company (LLC), and, if so, which is best for them. This is a vital question for any business. Limited liability is […]
Shallow Pockets
By Andrew Jacobson The first question plaintiff lawyers ask when a new lawsuit comes their way is “where are the deep pockets?” Suing the villain is fine, but winning only gets a piece of paper called a judgment. You need to sue and beat someone with money to pay for a judgment – deep pockets. […]
Scam Alert — Court “Notice of Appearance”
by Andrew Jacobson If you receive a “court notice” via email, don’t open it — it is a scam designed to add to your computer malware designed to get you to give over control of your computer to somebody else. We started receiving these a few weeks ago, but it may only just have started getting […]
Star-Struck, or Struck Dumb?
by Andrew Jacobson Comedian Nathan Fielder has been revealed as the brains behind the “Dumb Starbucks” shop that popped up without fanfare (or a health permit) on a Friday afternoon. It disappeared the next Monday. While the joke seemed to be on the people who waited in line for three hours for bad coffee and Vons-bought […]
Crowdfunding Your Business – An Intro to Title III of the JOBS Act
By Daniel Richardson On April 5, 2012, the Jumpstart Our Business Startups Act (JOBS Act) became law. The JOBS Act seeks to “increase job creation and economic growth by improving access to the public capital markets for emerging growth companies.”[1] Title III of the JOBS Act or the “Capital Raising Online While Deterring Fraud and […]
Earned Income Tax Credit Notice
California employers, take note: you are required to give notice to all your employees about the earned income tax credit at about the time you give them their W-2 or 1099 forms. If you have individuals who are independent contractors, give them notice as well. Here is the recommended language, which you can print on […]
California Creates New Corporate Structures Enabling For-Profit Corporations To Consider the Public Benefit
Sharon Adams Introduction In January 2012, California created two new state corporate structures: (1) flexible purpose corporations, and (2) benefit corporations. Unlike traditional for-profit corporations, these new corporate structures are required to provide for benefit to the public. Unlike traditional non-profit corporations, these new corporate entities are not tax […]
What Could Go Wrong With a Wooden Horse?
One of the major justifications small business owners have for not protecting their information more carefully is “who would want our information? We’re just a small firm that doesn’t handle anything important for anybody.” A recent security breach reveals the risks. A small software service that provides back-end software solutions for car-hire services had its […]
Veterans
Bay Oak Law’s own Daniel Gwozdz was recognized by the Bar Association of San Francisco on Veteran’s Day for his service in the US Army between 2000 and 2005. Dan was a scout for the legendary 10th Mountain Division, and served during operations in Operation Joint Guardian in Kosovo, and Operation Iraqi Freedom.
California’s New LLC Law and You
by: Daniel E Gwozdz Daniel E Gwozdz is a 2012 graduate of Gonzaga School of Law and the newest attorney at Bay Oak Law. If the title above grabbed your attention, chances are that you are either a member of an Limited Liability Company or are interested in forming one. Limited Liability Companies, or LLCs, are […]
