Currently, lawsuits against California employers, whether they are justified or not, continue to expand. We are currently defending multiple California Private Attorneys General Act (“PAGA”) lawsuits for our business clients. These types of lawsuits can be very costly...
Corona Business Law Blog
Do you have a succession plan for your closely held business?
When you’ve made your business your life’s work, it can be hard to envision a time where you may no longer be involved in running your company. However, both foreseen and unforeseen events can quickly turn a business upside down. Establishing a solid succession plan...
California remains an attractive destination for entrepreneurs
For decades, California has been the home or future home of some of the sharpest minds and ambitious people eager to exploit creative ideas with every intent to launch a successful business. The presence of so many successful small businesses in California proves how...
Nevada asset protection: Nevada protects the attorney-client privilege
Nevada once again displays why it is one of the top asset protection jurisdictions. In a recent case, the Nevada Supreme Court soundly protected communications between an attorney and client. Specifically, the Court has addressed and firmly protected communications...
Business migration: analysis and perspective
Businesses in California are overwhelmed with employee lawsuits, excessive regulatory constraints, and taxation. The tax concern hits at every level-income tax, sales tax, property tax, fuel tax, personal property tax, and a host of others. The income tax burden hits...
Mergers and acquisitions: Have you considered everything?
It all comes down to improving your company – and your profits. After all, this is what business is about and this is what you and your stockholders expect from an acquisition: a stronger company and more investment return.Without careful valuation of a target...
CPAs, financial advisors, attorneys: Build a professional network
When it comes to providing professional services to your clients, who you know can be just as important as what you know. Being able to refer your client to an attorney who can help answer a legal question, an accountant who can address a tax problem, or to a...
Accountants, financial planners and lawyers should work together
The responsibilities of accountants, financial planners and lawyers often overlap. When these parties work together, the results can be harmonious. You can rest assured that you’re receiving thorough, well-researched advice concerning your tax, financial and...
CPAs and financial planners shouldn’t offer legal advice
Oftentimes, tax and financial issues can intersect with legal issues. It can be tempting for accountants and financial planners to field legal questions in an effort to better meet the needs of their clients. However, doing so may cross the line into providing legal...
Accountants: There are times to refer your client to an attorney
The duties and responsibilities of accountants and business law attorneys often overlap. Sometimes, the lines become so blurred that it’s difficult to see when professional legal help may be necessary. If there is ever any question concerning whether to involve...