California Corporations – By Matthew Mullhofer
Incorporating a business in California offers a number of advantages that aid in the protection of both assets and privacy. A California Corporation will protect the individual from personal liability. A single individual can hold all offices including: Director, Shareholder, President, Secretary, and Treasurer. Incorporating in California can allow you to take advantage of tax deductible benefits such as health, accident, disability insurance, life insurance, and medical reimbursement plans. Corporations that have fewer than 75 shareholders can elect S corporation status which allows for the profits to flow through the company and directly to the shareholders of the corporation without being taxed.
The benefits of a California corporation include:
- Personal liability protection
- Stockholders names are not public
- Availability of corporate retirement plans
- Corporate fringe benefits
- Unending corporation existence
- Tax benefits
- Possible S corporation status
- A single person can hold all offices
- Available to professionals: Doctors, Dentists, Nurses, Attorneys, Chiropractors, Pharmacists, Accountants, etc.
About Matthew Mullhofer
Since 1999, Matthew Mullhofer has been an attorney licensed by the State Bar of California and a member in good standing.
Matthew Mullhofer has extensive experience in the area of estate planning and asset protection, which includes the formation of trusts, wills, family limited partnerships, limited liability companies, and domestic corporations.
Additionally, Matthew Mullhofer has formed numerous corporations, trusts, and private family limited partnerships. Matthew Mullhofer has been a featured speaker at many estate planning and asset protection seminars. Matthew Mullhofer has extensive experience in business and corporate law, civil litigation, probate, and real estate law. Matthew Mullhofer has negotiated many commercial and residential real estate leases and transactions. Matthew Mullhofer has also experienced success in representation of taxpayers regarding collection efforts by the Internal Revenue Service, Franchise Tax Board, and State Board of Equalization.
