By Janathan L. Allen, APC of Janathan L. Allen, APC posted in Business Formation on Tuesday, November 10, 2015. The quality of your operating agreement will determine the likelihood and scope of disputes between members in an LLC. When you go to a download form site, or simply copy some...
Expand Your Business By Acquiring a Competitor
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in Business Advice and Counsel on Thursday, October 29, 2015. An excellent expansion strategy for a San Diego business is to acquire a competitor or a portion of their assets through a "stock purchase" or "asset purchase." Each strategy has...
Employers Must Withhold Payroll Taxes on Employment Related Judgments
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in California Tax on Friday, October 16, 2015. The California Court of Appeal recently provided clarification and confirmation of a corporation's responsibility to withhold payroll taxes on employment related settlements or judgments. When an employee reaches a settlement or...
Beginning Year-End Tax Planning for Your Business
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in Business Advice and Counsel on Tuesday, September 15, 2015. With the completion of the September 15th tax due date for businesses who requested an extension in March, attention should turn to tax planning as year end approaches. There...
California EDD Reports Unemployment Rate Continues to Remain High
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in California Tax on Friday, July 31, 2015. The California Employment Development Department or EDD recently reported that California's unemployment rate dropped slightly from 6.4% in May to 6.3% in June. This is still well below the US average...
California Franchise Tax Board or FTB Audit Subject of US Supreme Court Case
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in California Tax on Monday, July 20, 2015. The US Supreme Court has agreed to review the decision of the Nevada Supreme Court in a case that involves the Californai Franchise Tax Board or FTB audit practices. The core issues...
Manufacturer and Retailer Compliance with California’s Supply Chain Act
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in Business Advice and Counsel on Wednesday, May 20, 2015. The California Department of Justice is conducting a compliance review, sending letters to and asking any business that lists "manufacturing" or "retail sales" as their principal activity on California...
Did Costco Overcharge us for California Sales Tax?
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in Audits on Tuesday, May 19, 2015. A recently proposed class action accuses Costco and California's sales tax authority alleging "the warehouse club collected too much sales tax for the authority from products that were listed as subject to manufacturer...
Reasons for San Diego Small Business Optimism in 2015
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in Business Advice and Counsel on Friday, May 8, 2015. San Diego small business is poised to continue strong growth in 2015, and optimistic forecasts by economists and small business owners themselves are encouraging. San Diego has experienced strong...