by danr | Jun 21, 2017 | LLCs, Tax Planning
By: Tamara B. Pow, Esq . As many of you are aware, annual fees for California limited liability companies were due June 15 th . So here are a few pointers to keep in mind as you are filing forms and paying fees. While the due date for filings may have changed this... 
by danr | Jan 27, 2017 | LLCs
By: Tamara B. Pow, Esq. The Secretary of State recently updated some of their LLC forms for the second time in several months. They were last updated in July of 2016 and were revised again for 2017. The forms that have been revised include: Certificate of Dissolution... 
by danr | Dec 16, 2016 | LLCs
By: Tamara B. Pow, Esq. A question I am frequently asked by LLC owners how LLC managers should get paid? A limited liability company operating agreement should clearly outline payments to both Managers and their affiliates, since these payments are typically made... 
by danr | Dec 14, 2016 | Business and Entity Formation, LLCs
By: Tamara B. Pow, Esq. When starting an LLC, carefully consider the powers granted to an LLC manager. Your operating agreement should have customized provisions regarding what the manager(s) can and cannot do – do not just accept some form language. As an LLC... 
by danr | Dec 2, 2016 | LLCs
By: Tamara Pow, Esq. Beware of LLC Managers that can’t be removed! As a business attorney, I work with many LLCs in San Jose and the Bay Area. Some of those have had to remove their LLC manager for one reason or another. I cannot overemphasize the importance of having... 
by danr | Nov 2, 2016 | LLCs
By: Tamara Pow, Esq. One of the first decisions you have to make when you decide to form a limited liability company is whether the company will be managed by the members or by one or more managers. This decision is so important, it is one of the very few items of...