What do Acupuncturists, Marriage Counselors and Shorthand Reporters have in common? They all have to form a professional corporation if the desire to incorporate in California strikes them.
In this comprehensive book, Attorney Mancuso outlines the many reasons for a California professional to incorporate, including:
- to avoid personal liability for hte malpractice of other professionals in the practice
- to provide oneself with tax-deductible corporate fringe benefits such as health, accident and disability insurance; life insurance and a medical expense reimbursement plan
- to increase benefits under a corporate retirement plan, including the ability to make loans of $50,000 from one's corporate plan without penalty
The book features tear-out forms for organizing a corporation, such as Articles, Bylawys and Minutes. It also offers full instructions on how to incorporate a new or existing business; special rules and regulations for each profession; comprehensive information on S Corporation tax status and more.