What Is An 83(b) Election

What Is An 83(b) Election

An 83(b) election (here’s the code) can effectively accelerate your income tax and save you money by allowing equity you receive to be taxed before it is vested in a company, rather than after (we’ll talk more about what this means in practical terms in a...
What Is A 1099?

What Is A 1099?

If you’re self-employed, work as an independent contractor, or operate a business that hires independent contractors to complete work for your company, you’ve likely heard something about a 1099.   What Is a 1099? While wages and salaries are reported on the form W-2,...
Statement of Information

Statement of Information

In the state of California, LLCs and corporations are required to file an annual or biannual Statement of Information with the office of the Secretary of State.  While it may be tempting to delay filing – after all, running a business keeps you busy – it’s...
B Corporation Certification

B Corporation Certification

What is B Corporation Certification? The distinction of Benefit Corporation, B Corporation or B Corp, is granted to companies who demonstrate that they value not only profits but also giving back to the community. This can be done through direct financial...
Should My Nonprofit Have A Gala?

Should My Nonprofit Have A Gala?

Introduction Have you asked yourself ‘should my nonprofit have a gala?’ If you are wondering the answer to this question, it is important to consider the positives and negatives.  Planning a nonprofit gala and executing it successfully are very difficult...