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California Bus. & Prof. Code section 7159 contains most (not all) of the requirements for a home improvement contract ("HIC") for...

By far the most common business entity in the United States is the sole proprietorship, generally between 70% and 75% of all businesses....

What is a nonprofit corporation? A nonprofit corporation is a corporation similar to for-profit corporations. They have a board of...

“Common law” refers to the legal system developed in medieval England and exported to most of Britain’s former colonies and protectorates...

Sen. Ron Wyden of Oregon will lead a Senate Finance Committee investigation into the opportunity zone program. Sen. Wyden's stated ...

One of the benefits of forming a corporation or a limited liability company (LLC) (or LP, LLP, LLLP, etc.) is that they offer limited...

There aren't any. For those who don't know, the Texas legislature meets only in odd-numbered years. If anything comes up (legislators...

As a kind of follow-up to my Top 5 New Business Laws in California for 2022 (available here), here are the bills to watch for 2022 (and...

Different states have different factors they consider when it comes to veil piercing (that is, ignoring the liability shield provided by...

I've used the words "states" and "jurisdictions" in a way that probably makes them appear synonymous. There is overlap, but they are not...

LLCs are pretty great. They combine the informality of a partnership with the limited liability of a corporation. They can be taxed like...

Happy New Year! Texas has a number of new laws going into effect in 2022 (and one honorable mention). This is my ranking of the top new...

Happy New Year! California has a number of new laws going into effect in 2022. This is my ranking of the top new business laws going into...

More often than not, my clients have a specific entity in mind before they contact me. That's fine; they're often right. And they usually request a limited liability company (LLC). California LLCs, as compared to corporations, are often cheaper to form, maintain, and wind up. However, this is not true for all industries. In particular, contractors licensed by California's Contractors State License Board (CSLB) should consider forming a corporation instead of an LLC. Why shoul

Welcome to the Heckman Law, PC blog! Here you'll be able to find my thoughts and opinions regarding various topics in business and...