“The following is an example of how Simas & Associates, Ltd. collaborates with lawyers to achieve our clients’ goals. We do not practice family law, however, we gladly offer high-quality family law referrals to our clients if need be.” – Steven L. Simas If you live in a state with Read more…
When AB 1000 went into effect in January 2014, it was actually the combination of two bills: (1) AB 1000 for direct consumer access to physical therapy, and (2) AB 1003, sponsored by the California Medical Association, to permit professional medical corporations to employ physical therapists. Since 2010, the California Physical Read more…
No. Unfortunately, you cannot. Section 17002 of the Beverly-Killea LLC Act (Corp Code Sections 17000-17666 or “LLC Statute”) states that subject to any limitations contained in the articles of organization and to compliance with any other applicable laws, a limited liability company (“LLC”) may engage in any lawful business activity, Read more…
At the beginning of 2012, California became the seventh state in the U.S. to permit two new subtypes of stock corporations. Flexible Purpose Corporation – This is ideal for those wanting to engage in more than one of the purposes outlined in California Corporations Code section 2602(b)(2) and the Articles of Read more…
An article in the most recent issue of The Economist highlights concerns facing the incorporation-services industry and discusses potential regulatory changes some states may soon enact. Unlike many countries, in the United States, company incorporation is regulated by the states. In California, the Secretary of State’s office is the responsible Read more…
For a long time, we have advised physical therapists regarding the benefits of organizing their practices as professional corporations. But as the result of the recent activity of the Physical Therapy Board of California (PTBC) and the Legislature regarding physical therapists practicing in a corporate environment, organizing your practice as Read more…