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1501, 2018

Tax Cuts and Job Act Business & Corporate Tax Strategies (Form Your Corporation Today!)

By | January 15th, 2018|Categories: News, The Advisor|Comments Off on Tax Cuts and Job Act Business & Corporate Tax Strategies (Form Your Corporation Today!)

Taxes… Taxes… Taxes are at the forefront of our conversation.  Are you a winner or a loser under the new paradigm?  How do you better your positioning; change your business structure, your estate planning?  Businesses and corporations are clearly winners under the Tax Cuts and Jobs Act (Tax Cuts Act). Businesses Preferred. Our country’s federal tax structure was inverted by the Tax Cuts Act - - corporations and pass-through entities (subchapter S corporations, partnerships, and sole proprietorships) were given lower tax rates than individuals, making corporations and business entities attractive as tax saving vehicles. And with pass-through entities, those tax [...]

1412, 2017

Small Business Year-End Checklist

By | December 14th, 2017|Categories: News, The Advisor|Comments Off on Small Business Year-End Checklist

As 2017 draws to a close, it is time to start planning for 2018.  As a small business owner, now is a good time to check the legal aspects of your business to ensure you in good standing.  Here are a few items every small business should complete as part of your year-end legal checklist.   Incorporate Your Business If you haven’t already incorporated your business, now is a good time to consider whether it is the logical next step for the growth of your business.  The main advantage to incorporating is personal asset protection.  Unlike the sole proprietorship, where [...]

1411, 2017

New California Labor/Employment Laws for 2018

By | November 14th, 2017|Categories: Employment, News, The Advisor|Comments Off on New California Labor/Employment Laws for 2018

The current legislative session is now at a close.  Governor Brown has approved or vetoed the bills sent from the legislature.  Unfortunately for employers, this year was fairly active for labor and employment laws.  Below is a partial list, not exhaustive, of the biggest developments from this year’s new laws.  Unless otherwise noted, these laws become effective January 1, 2018: AB 168 – Salary History Restriction It will now be unlawful in California for any employer, including state and local governments, to ask applicants about their prior salary, compensation, and benefits. An employer may only consider prior salary information the [...]

1710, 2017

New California Laws Make Housing a Priority

By | October 17th, 2017|Categories: Land Use and Real Estate, News, The Advisor|Comments Off on New California Laws Make Housing a Priority

At the end of September, California enacted a number of new bills intended to make it easier for developers to build affordable housing projects throughout the state. What do these mean for central coast residents, developers, and investors? SB 35 - Streamlined Local Approvals for Affordable Housing California requires local jurisdictions to develop long term plans for meeting existing and projected housing needs for their region. To this point, local jurisdictions have been required to set these goals, but there is neither a carrot nor a stick offered to help meet them. That is about to change, at least for [...]

1809, 2017

Redefining a Sale for California Real Property Transfer Tax

By | September 18th, 2017|Categories: Land Use and Real Estate, News, The Advisor, Uncategorized|Comments Off on Redefining a Sale for California Real Property Transfer Tax

When real property changes hands, California imposes two separate taxes – the annual real property tax and a documentary transfer tax. The annual real property tax is reassessed to fair market value when a property changes ownership.  The transfer tax allows a county or city, or both, to charge a tax when real property is sold by the transfer, grant, assignment, or other conveyance of a deed, instrument or writing for more than $100.[1] The key to this definition is that there must be a sale of real property that is recognized by a transfer through a deed, instrument, or [...]

1209, 2017

Matal v. Tam: Disparaging Trademarks, Like THE SLANTS, Can Be Registered Trademarks

By | September 12th, 2017|Categories: Intellectual Property, News, The Advisor|Comments Off on Matal v. Tam: Disparaging Trademarks, Like THE SLANTS, Can Be Registered Trademarks

This case revolves around whether a trademark can be registered before the United States Patent and Trademark Office (USPTO) even though the mark is disparaging.  The Lanham Act prohibits the registration of many kinds of marks, but in this case, preventing the registration of disparaging marks directly challenges the First Amendment’s Free Speech Clause. During oral arguments, Justice Kagan  raised the free speech issue in the Lanham Act as: [I]t precludes disparagement of Democrats and Republicans alike, and so forth and so on, but it makes a very important distinction, which is that you can say good things about some [...]