January 2017 Legislation Alerts Posted on December 27, 2016 by Two states (Alabama and California) have new business entity laws taking effect during the month of January. Please see below for summaries of the laws that will go into effect at the first of the new year. ALABAMA Effective Date: January 1, 2017 Entities Affected: Limited Partnerships House Bill 202, effective January 1, 2017, repeals the current Read More Posted in Jurisdictional Updates
Happy Holidays from CLAS Posted on December 20, 2016 by Happy Holidays from all of us at CLAS! Please note our offices will be closed on Monday, December 26, 2016 and Monday, January 2, 2017. Read More Posted in CLAS News & Alerts
DID YOU KNOW? A California Provision Grants New Entities Relief from the Annual Minimum Tax Posted on December 5, 2016 by If you are preparing to file paperwork with the California Secretary of State’s office to establish a new business entity, please take note! There is a provision in California law that provides newly established business entities (i.e. Corporations, LLCs, LPs and LLPs) relief from the requirement to pay the $800 annual minimum tax. Under the Read More Posted in Corporate