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Richard Chapo
Member Since: 04th September 2005
URL: http://www.sandiegobusinesslawfirm.com
Occupation: Attorney
No of articles: 93
About Me:
Richard A. Chapo is a San Diego business lawyer with San Diego Business Law Firm providing legal services and legal advice for businesses. Visit SanDiegoBusinessLawFirm.com to read business law articles.
Legal

Is An LLC or Corporation The Better Choice?

08th February 2010
You are ready to get serious about a business idea. You’ve read somewhere that protecting yourself is a critical move. You know this means you need to form some type of business entity. The question you face is whether an LLC or corporation is the right...
Legal

Professional Corporations – Just What Are They?

21st January 2010
As a new or existing business, you can choose from just about any of the various business entities out there. The choice includes entities such as corporations, limited liability companies, partnerships and limited partnerships to name just a few. In most...
Legal

LLC – Should You Really Skip Keeping Corporate Minutes?

27th November 2009
The LLC is the little business entity that could. Unfortunately, many services market it as the cure-all to every problem a small business has. LLCs are solid business entities, but they are not perfect. In this article, we take a look at one of the marke...
Legal

You’ve Formed an LLC - Now What?

23rd September 2009
We are a nation of do it yourselfers. This is true whether we are trying to fix the sprinklers in the yard or forming a business entity. Many people make a noble attempt to form their own limited liability companies these days, but then don’t have any i...
Legal

Single Member LLCs – Losing Your Asset Protection

17th August 2009
The limited liability company is touted for its tax flexibility and asset protection benefits. While valid, single member limited liability companies are ripe for alter ego claims, which means the owner losses the asset protection benefit and becomes pers...
Legal

Single Member LLC - Piercing the Corporate Veil Issues

03rd June 2009
The single member LLC is one of the more popular choices for small businesses. It is often touted as the perfect business entity, but there are definitely some areas of concern that a person forming the entity should know about. One has to do with the iss...
Legal

Corporations – Making Tax Year Designations

12th February 2008
Death and taxes are those two things you can never escape. When forming a corporation, making your tax year designation is a fundamental step you need to take carefully. Taxes are defined by something magical known as the fiscal year. It is a 365 day ...
Legal

Foreign Corporation – You Might Be Designated As One

12th February 2008
The legal system comes in categories and layers that most people don’t grasp at first. One of the layers has to do with how corporations are regulated and leads to the odd situation where many corporations are designated as “foreign” even if they ar...
Legal

Don’t Inadvertently Breach Your Corporate Protection

11th February 2008
Corporations are valued for a number of reasons and the shield against liability is certainly a big one. Given this, you really don’t want to inadvertently breach your corporate shield. What is the corporate shield? It is the barrier that is put up ...
Legal

Options For Forming Corps and LLCs

22nd August 2007
Given the fact that the threat of getting sued is on just about every business owner’s mind, it is hardly surprising that most businesses are held in the form of a corporation or limited liability company. While this makes sense, how to actually form an...
Legal

Timing the “S” Corporation Designation

22nd August 2007
The corporate entity is a very popular one with most businesses. Although traditional “C” corporations are frowned upon for small businesses, “S” corporations are viewed more favorably. So, just what are “S” and “C” corporations? The te...
Legal

Issues with Capitalizing Your New Corporation

26th July 2007
Once you register a corporation in your state, you must go ahead and capitalize it. This raises a host of questions regarding the best way to do it and potential risks of getting it wrong. First things first. Any discussion of capitalization needs a d...
Legal

Piercing the Corporate Veil – Factors Considered

26th July 2007
Most shareholders believe a corporation protects them from personal liability. This is generally true unless alter ego is successfully asserted. Alter ego is an equitable claim that a corporation should be set aside in a lawsuit and the shareholders h...
Legal

Piercing the Corporate Veil – Alter Ego

26th July 2007
Deciding to incorporate is usually a function of seeking to protect oneself from the risks of doing business by employing a corporate shield. Ah, but can that shield be penetrated? Yes! The internet is an amazing part of our lives, but it has created a...
Legal

Common Question about LLCs

19th July 2007
The limited liability company is a popular business entity for small businesses. Here are some common questions and answers regarding the entity. LLC stands for limited liability company. The entity was first created in Wyoming in the late 1970s, but ...
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