USA/Dig Alert was formed in 1976. This is a free service. All you have to do is simply dial 811. Unfortunately, it took a major disaster in order for USA/Dig Alert to get formed. There was a construction crew in Culver City that hit a petroleum pipeline causing a huge explosion, killing nine people and creating major damage. In 1985, there was another major tragedy where a utility company did not respond properly to an alert. Therefore, there has been new legislation, etc., where everyone has to follow the law regarding responsibilities when it comes to digging.
All that is required is that you Call Before You Dig. The number is simple, you call 811 and they will walk you through the process. Excavators need to give at least two working days notice before digging. The members will mark the lines within those two working days. If you do not call, there can be fines and a possible loss of your contractor's license. If you do make the call, the operators of the underground lines are required to mark the areas. Remember this is a free service and can help save lives, including your own. The number to call for more information is 800-227-2600. For service dial 811. For more information you can also visit their website at www.digalert.org .
Thursday, December 24, 2009
Wednesday, December 9, 2009
THE PROS AND CONS OF INCORPORATING
Under California Law, a corporation is a separate entity. Each entity will stand on its own. A corporation, if adequately set up and maintained, can save you a great deal of time and money. If your corporation is sufficiently capitalized and done correctly, you can shield your personal liability from the corporate liability. However, all of this has to be done correctly.
Corporations can have special tax ramifications. If you are thinking of incorporating, you should talk over the tax ramifications with an accountant. In addition to shielding your personal liability from your corporate liability, a corporate business can still exist after the death of the founders of the corporation. In theory, a corporation can go on indefinitely.
In addition to tax liability, there are costs associated with incorporating. It can become very time-consuming. Once a corporation has been set-up, there are steps that need to be taken to continue to run the corporation such as holding regular meetings and keeping corporate records.
Corporations can have special tax ramifications. If you are thinking of incorporating, you should talk over the tax ramifications with an accountant. In addition to shielding your personal liability from your corporate liability, a corporate business can still exist after the death of the founders of the corporation. In theory, a corporation can go on indefinitely.
In addition to tax liability, there are costs associated with incorporating. It can become very time-consuming. Once a corporation has been set-up, there are steps that need to be taken to continue to run the corporation such as holding regular meetings and keeping corporate records.
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