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     Mike Vaughn, Attorney and Counselor at Law
     17011 Beach Blvd., 9th Floor . Huntington Beach, CA 92647
     Direct Tel: 562-592-9350 Fax:  562.684.4459
     Email:  mike@vaughnlawoffice.com

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Areas of Practice

CORPORATIONS

CORPORATIONS are creation of law which allow people to engage in business and reduce the risk that the liability of the business will destroy them.  It is a risk reducing entity if used property.

There is always costs involved in organizing and maintaining a corporation.  It will also have tax consequences which you much be cognizant of  before starting

C-corporation distribute their profit by paying stock dividends to the shareholders.  S-corporation have the profits taxed directly to the shareholders in proportion to their ownership.

LIMITED LIABILITY COMPANY (LLC)

A Limited Liability Company is a fairly recent creation of the law.  It simplifies the record keeping and management of the company by not requiring much of the record keeping required of a corporation.  However, the ease of the management of an LLC may also complicate investment, loans and sale of the company.

BOARD OF DIRECTORS COUNSEL

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NON-PROFITS 501(c) 3

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