Business and entity in San Bernardino
The logistics operations clustered around San Bernardino International Airport are equipment-intensive and typically run through more than one entity.
What this looks like in San Bernardino
Equipment purchases and the year they are placed in service drive much of the cost recovery position, and for a growing operation the difference between December and January is real money.
The number of entities is worth periodic review. Each California corporation or LLC carries an annual minimum franchise tax regardless of profit, and entities created for a single deal often outlive their purpose.
What gets examined
- Equipment placed-in-service timing across the year end
- Dormant entities still incurring the annual minimum franchise tax
- Whether real property is held separately from operations
Common questions
- I have entities I no longer use. Do they still cost me?
- Yes. A California corporation or LLC generally owes the $800 annual minimum franchise tax until it is properly dissolved or cancelled with the Secretary of State — simply ceasing to operate does not end the obligation. Cleaning up dormant entities is usually worth doing deliberately rather than letting the liability accrue.
- Do you serve clients in San Bernardino County as well as Riverside County?
- Yes. The office is in Riverside and serves both counties. The practical difference between them is administrative — each county has its own assessor, and transfer and exclusion filings go to the county where the property sits.
How business and entity works in full|Everything in San Bernardino
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Tell us what you are working with and we will tell you whether it is something we handle.