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With Kevin Durant stunning the NBA with his exit from the Oklahoma City Thunder and defection to the Golden State Warriors, it seemed like a good time to take a look at contract negotiations in sports. Recently, a professional sports team drafted one of our clients and we found ourselves looking at a variety of…

Every business requires an entity structure for tax purposes. Common business entities include S Corporation, C Corporation, and Limited Liability Company. Each structure has pros and cons. The best way for you to identify the structure that best fits your business is to consult a commercial lawyer.

If you own a business in California, there are several benefits to hiring independent contractors instead of employees. According to the Department of Industrial Relations, employers do not have to pay payroll taxes for independent contractors or provide meal periods. They also do not have to provide financial reimbursement for business-related expenses, or cover independent…

Whether you’re purchasing a business or starting a new venture, you will have to choose a structure for your company.  There are partnerships, sole proprietorships and corporations. Of these, we must often get requests to form what is called a “business entity” Three common options are the S-Corporation, the C-Corporation and the Limited Liability Corporation…

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