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Do I Need to Register my Business With the California Employment Development Department?

Do I Need to Register my Business With the California Employment Development Department? “The Employment Development Department (EDD) administers California’s payroll taxes, including Unemployment Insurance, Employment Training Tax, State Disability Insurance (including Paid Family Leave), and California Personal Income Tax withholding. Employers conducting business in California are required to register [...]

By |2023-11-10T13:40:40-08:00August 12th, 2016|
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I Don’t Want to Pay for Worker’s Comp – Do I Need It?

I Don’t Want to Pay for Worker’s Comp – Do I Need It? Frequently those contemplating hiring employees ask whether they must obtain and pay for worker’s compensation insurance (sometimes referred to as “worker’s comp”) for their employees. Those same people sometimes believe that they do not need to [...]

By |2023-11-10T13:40:12-08:00August 10th, 2016|
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What is California’s Victims of Corporate Fraud Compensation Fund?

What is California’s Victims of Corporate Fraud Compensation Fund? The Victims of Corporate Fraud Compensation Fund (“VCFCF”) is governed by California Corporations Code Sections 2280, et seq. and California Code of Regulations, title 2, division 7, chapter 12, sections 22500 through 22507. The fund was specifically created to provide “limited restitution to [...]

By |2023-11-09T20:28:28-08:00August 8th, 2016|
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Tips for Forming the California Joint Venture

Tips for Forming the California Joint Venture A “joint venture” has been defined as, “[a] legal entity in the nature of a partnership engaged in the joint prosecution of a particular transaction for mutual profit…” A one-time grouping of two or more persons in a business undertaking. Unlike a [...]

By |2023-11-10T13:39:31-08:00August 5th, 2016|
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What is a Registered Agent?

What is a Registered Agent? When forming business entities, the term “registered agent” is frequently used, and there are many registered agent services available for hire in each state. So what does a registered agent do? In California, the term generally refers to the “registered agent for service of [...]

By |2023-11-09T21:02:19-08:00August 3rd, 2016|
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Tips for Preparing the Operating Agreement in California

Tips for Preparing the Operating Agreement in California Pursuant to California Corporations Code Section 17701.10(a) the limited liability company’s (“LLC”) operating agreement “governs all of the following: (1) Relations among the members as members and between the members and the limited liability company. (2) The rights and duties under [the California Revised Uniform [...]

By |2023-11-10T13:38:48-08:00August 1st, 2016|
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