Blog Archives

Mislabeling Food – California Health Code

Mislabeling Food – California Health Code When you enter a restaurant or a store, it is the signage that explains the foods being offered and the ingredients they contain. In California, the state takes legal measures to ensure the protection and safety of consumers. Therefore, if
Posted in Business Law

How Could You Avoid Fraud in Your Small Business?

How Could You Avoid Fraud in Your Small Business? One of the most troubling concerns bedeviling small business owners is a fraud by the people they have entrusted to run their businesses.  To avoid fraud, it behooves us to take reasonable precautions to keep at bay such fraudsters wreaking
Posted in Business Law

S Corporations v. Payroll Taxes: A Balance of Salary and Distributions

A recent tax case won by the IRS has closed a loophole employed by S corporations to circumvent paying payroll taxes by characterizing their wages as distributions. This ruling might have serious repercussions in the business world, especially for S
Posted in Business Law

Antitrust Laws in California

Antitrust Laws in California According to federal and state regulations, antitrust laws aim to limit unfair practices by companies as they artificially change prices for the consumer. These regulations are important as they help the continued growth of economies, but also prevent harms to
Posted in Business Law

Student Financial Aid V. Taxes: A Dichothomy

Student Financial Aid V. Taxes: A Dichothomy Most students receive financial aid to attend public or private universities. The question then arises if such aid is taxable or not. Let us explore the intricacies involved in treating financial aid taxable or non-taxable. SOME BASICS Whether the financial
Posted in Business Law

What is a TV Development Contract?

What is a TV Development Contract What is a TV Development Contract? Such a contract is produced when a TV network wishes to produce a ‘risky’ TV program. Typically, this program is first shown to a focus group before committing to a pilot. A development contract
Posted in Business Law

What is Extortion Crime in California

Extortion Crime in California What is Extortion Crime in California Extortion, also popularly known as blackmail, can occur under California Penal Code 518 PC with the following: using force or threat to a) extort money or property from a person, or b) forcing a
Posted in Business Law, Litigation Series

S And C Corporations In California

S And C Corporations In California Image   S And C Corporations In California When people set up their company structures, one of the first decisions they have to make is choosing the best form of incorporation for their business. In California, business owners when forming a
Posted in Business Law

Trade Secrets – What Are They?

Trade Secrets – What Are They? Trade Secrets – What Are They? In many movies, the terms trade secrets are often thrown around when individuals speak of the stock market or insider trading. Trade secrets actually have a wider definition beyond insider trading, including sensitive marketing
Posted in Business Law

Insider Trading and Why It Is Illegal

The stock market is an important and complex place as it can affect the wellbeing of a country’s economy, businesses, and individuals. As such, there are stringent rules in place regarding the buying, selling, and trading of stocks. One of
Posted in Business Law