Skip to main content
Tag

business attorneys los angeles

Business Lawyers in los Angeles
Jan 21 2024
Love0

California Consumers and The Use of Artificial Intelligence

Posted by Posted in Compliance & Securities
California’s Privacy Protection Agency (CPPA) introduced proposed regulations this past November to further protect consumers when their personal information is used in automated profiling. These proposed regulations will facilitate public comment; none of these are in effect. The attempts by the CPPA to regulate artificial intelligence (AI) and other automated decision-making technologies (ADMT) will have consequential effects on the businesses that use AI to process job and credit applications, compensation decisions, and profiling. The business…
Read More
Business attorney los angeles
May 17 2023
Love0

Tax Classifications for Different Business Entities

Posted by Posted in Entity Formation & Structure
When a corporation is formed in California, it will be deemed a C-Corporation by default. The terms “C-Corp” and “S-Corp” refer to tax classifications for different business entities. If a business wants to become an S-Corporation, Form 2553 will need to be completed and filed with the Internal Revenue Service. S-Corps and C-Corps have a few different key differences between them – one of them is how they are taxed. For instance, if your business…
Read More