• Limitations on Deductibility of LLC Member’s Share of Losses

    By: Tamara B. Pow Will you be denied a deduction for your share of LLC losses? You may have pass through losses from your LLC membership interes t , but that does not mean you can deduct them against your personal taxes this year. Understanding the limitations on deductibility of your share of LLC losses […]

  • LLC Alert: New FTB Ruling Regarding LLC Fee For Sale of Real Estate Inventory

    By: Tamara B. Pow Are you calculating the LLC fee correctly for an LLC’s sale of real estate? The Franchise Tax Board just released FTB Legal Ruling 2016-01 (July 14, 2016) regarding the calculation of the limited liability company fee under California Revenue and Taxation Code Section 17942 for real property held for sale to […]

  • LLC ALERT: New California LLC Forms!

    By: Tamara Pow The Secretary of State is revising LLC forms again. Back in May, I wrote that the Secretary of State does not revise its forms often, but when it does, it is critical that business owners are aware of the changes so that they file the correct form because the Secretary of State […]

  • Crowdfunding: Are you the Right Investor?

    If you have always wanted to invest in a start-up business , whether a high tech emerging growth company or a low tech products company, you have no doubt heard of the new SEC rules allowing crowdfunding. Part of the excitement comes from being able to make investment opportunities available through crowdfunding internet portals, and […]