• California Conforms to New Tax Due Dates – Update your Agreements!

    By: Tamara B. Pow, Esq. On December 8, 2015 I published a blog about new federal partnership tax return filing deadlines . At that time, the IRS had just announced that partnership and S corporation returns will be due 2 ½ months after year end, or on March 15 th if the partnership is on […]

  • Crowdfunding – Is this the deal for you?

    By: Robert Hawn If you are an emerging growth high technology start-up , or a closely-held small business, you’ve heard of crowdfunding. Crowdfunding is commonly used to describe an approach to fund raising over the internet, often characterized by small investment amounts by large numbers of people. Recently, the Securities and Exchange Commission enacted its […]

  • LLC Members – Ignoring Self-Employment Taxes When Choosing Your Business Entity Can Be A Costly Mistake

    By: Tamara Pow In addition to income tax considerations on forming a limited liability company (“LLC”) in California and making contributions to the LLC, potential LLC members should keep in mind that income they receive from their LLC may be subject to self-employment tax, and that self-employment tax treatment may be different if the LLC […]

  • Using LLCs For Estate Planning

    By: Tamara Pow Although I do not practice estate planning law, as a limited liability company lawyer (“LLC lawyer”) in San Jose, I have worked with estate planning attorneys to form many LLCs for families that want to include them in their estate plan. Traditionally, the entity of choice for estate planning was the Family […]

  • Business Contracts – Beware of Third Party Beneficiaries -They May Not Be Missing Persons

    By: Robert Hawn As a business attorney with a Silicon Valley practice, I create a lot of contracts for many different kinds of companies. It never gets boring! One of the issues we sometimes worry about is whether there are any other parties that might have rights under these contracts. This concept, which lawyers refer […]

  • Limited Liability Companies, California Real Property And Property Taxes

    By: Tamara Pow As a real estate attorney in Silicon Valley, I represent a lot of real estate investors that hold their properties in LLCs. One of the biggest and most expensive mistakes LLC members can make when transferring property to or from an LLC is triggering a reassessment of their real property, yet this […]

  • Doing Online Business With Europe? New Shield to Replace Your Safe Harbor?

    By: Robert Hawn As a business attorney practicing in the San Francisco Bay Area working with start-up companies , I often represent companies which are pursuing market opportunities in the European Community. Many of these companies, especially “software as a service” companies, offer apps and other services which process data and personal information of individuals […]

  • 2016 Standard Mileage Reimbursement Rates

    By: Tamara Pow IRS Announces 2016 Standard Mileage Reimbursement Rates The Internal Revenue Service has issued the 2016 optional standard mileage rates ( IR-2015-137, Dec. 17, 2015 ): As of January 1, 2016, the rates for the use of a car, van, pickup or panel truck will be: 54 cents per mile for business miles […]

  • Show Me The Money – And Start With Your Revenue!

    By: Jack Easterbrook Technology lenders, asset based lenders, commercial lenders and factors always pay attention to a borrower’s revenue line – obviously the revenue line is critical for determining the income of the company and the amount and quality of the accounts receivable and contracts receivable collateral that will be available to secure a line […]

  • Capital Structure For Start-Ups: Part 2

    By: Robert Hawn As a business lawyer in the Silicon Valley area of California, I find that one of the most important issues founders of a high tech start-up company have to consider is its ownership, or capital structure. As you grow your company, it is important to understand your percentage ownership of the company. […]