Should you form a California LLC? Think about it!
Still a good read, this article from Tax News from when I hosted the “Ask the Advocate” column at the California Franchise Tax Board.
Every year in California, thousands of small businesses start up. For the new business owner, one of the first critical decisions is choosing which form of ownership will best meet their business needs. Although there are many forms of businesses to choose from, not every business owner has the same options when forming a legal entity. Lately it seems people are often quick to form a Limited Liability Company (LLC) without full consideration of their specific business needs.