529 plan

What You Need to Know About 529 Plan Withdrawals

The big advantage of Section 529 college savings plans is that withdrawals used to cover qualified higher education expenses are free from federal income tax (and usually state income taxes too). That part is very easy to understand, but the…
legal

Choosing the right legal form for your business

Choosing the appropriate legal form for a business is one of the first issues most entrepreneurs face. It is an important decision at the formation stage and also as a business grows. Sole proprietorships are generally the easiest. Corporations…
shareholders

Anticipate Future Possibilities with a Shareholders Agreement

A shareholders agreement drafted for a privately held company details the rights and obligations of the shareholders. It not only provides guiding principles for running the business today, it lays out the ground rules of what to do if one of…
manufacturing

CA Manufacturing and R&D Equipment Sales Tax Exemption

  Effective July 1, 2014 through June 31, 2022 businesses at least 50% engaged in manufacturing or research and development (R&D) in biotechnology, physical, engineering and life sciences may claim an exemption from the…