BLOG, NEWS & EVENTS

NFT
  • September 29, 2022
  • Blog

The Rise and Fall of NFTs

Non-Fungible Tokens give proof of ownership of a digital object. NFTs have unique qualities that cannot be exchanged for others of the exact same type. NFTs are primarily centered around digital art, but can also include collectables, trading cards, event tickets, music, digital video clips, and virtual fashion. Although digital...

Tax exemption
  • August 11, 2022
  • Blog

Annual Tax Fees Waived for New Business in California

If you are interested in starting a Limited Liability Company in California, there is no time like the present. In an effort to welcome new businesses to the golden state, California Governor Gavin Newsome signed legislation in 2020 to exempt startups from paying the LLC franchise tax during their first...

Comic Con
  • August 01, 2022
  • Blog

The Pros and Cons of Comic-Con

If you found yourself in downtown San Diego this past weekend, you may have encountered a variety of different people with costumes and extravagant props walking around. It does not come as a surprise for native San Diegans since Comic-Con takes place just down the street at the San Diego...

property tax

Potentially Big Estate Tax Savings for Wealthy Families

According to a Wall Street Journal article, oftentimes, families and spouses of deceased individuals miss the deadline to file an estate tax return and select portability. Portability allows a surviving spouse to shelter assets from estate taxes at their death because typically, federal estate tax is levied per person. When...

online shoping
  • December 14, 2021
  • Blog

Online Shopping, Now and Future Trends

Online shopping has given independent retailers a way to compete with major players in the industry. Selling through an online platform allows smaller retailers to connect with consumers outside their local market. Over 80% of retailers are selling online now, which is not surprising because 43% of shoppers make monthly...

Facebook meta
  • November 17, 2021
  • Blog

How Facebook became Meta

On October 28, 2021, Facebook announced it would now operate under a new company name, Meta. Founder, Mark Zuckerberg, announced the company’s name change is in line with its intention of progressing beyond a social media network and developing the next generation of technology. During the announcement of the name...

  • October 11, 2021
  • Blog

Consumer Trends: Does Shopping Feel More Like a Sport Now?

Trying to follow consumer trends feels a lot like riding a rollercoaster, especially considering the impact of the COVID-19 pandemic on consumerism. The pandemic forced some consumers to retire their hefty spending accounts or entertainment budgets. Instead, these consumers began focusing on the essentials, like toilet paper and bottled water....

  • September 21, 2021
  • Blog

Vaccine Mandates and Vaccine-or-Test Programs – Employer Considerations

As COVID-19 rules and regulations continue to change, employers should be reminded of two important aspects of some of the new vaccine mandates and periodic testing requirements. Employers in many states are permitted to implement vaccine-or-test programs or vaccine mandates for all employees. However, with each of these options for...

Potente, Business Lawyer and Company Formation
  • March 04, 2021
  • Blog

Proposed Legislation – California Leave

California employers should pay close attention to the 2021 legislative session. Amid the current pandemic, labor-related issues may soon look different.  Some of the new proposals, if signed into law, will affect paid sick leave, emergency childcare, expansion of the "family member" definition, and other important aspects of labor law....

Potente, Business Lawyer and Company Formation
  • January 14, 2021
  • Blog

The Trademark Modernization Act of 2020

The Trademark Modernization Act of 2020 became law on December 27, 2020. This new law ushered in uniform procedures in many facets of trademark litigation, but none more so than ex parte cancellation proceedings. In an effort to reduce bad faith filings and clutter, any petitioner may now file a...

Potente, Business Lawyer and Company Formation
  • January 04, 2021
  • Blog

New Year, New Act

On December 21, 2020, the final version of the Consolidated Appropriations Act, 2021 (the “Act”), was passed by Congress and signed into law by President Trump on December 27, 2020. The Act includes a $900 billion economic stimulus package as a result of the continued need for coronavirus relief. The...

Potente, Business Lawyer and Company Formation
  • December 17, 2020
  • Blog

2021 Minimum Wage Laws and Exempt Employee Salaries

Beginning January 1, 2021, the following increased minimum wages and exempt employee salaries will go into effect: Statewide Minimum Wage On January 1, California’s minimum wage will increase to $14 per hour for employers with 26 or more employees and $13 per hour for employers with 25 or fewer employees....