Why is the IRS "initially" designating my LLC as a Partnership?
Generally, for federal tax purposes an LLC is treated in one of three ways: *as a disregarded entity, if there is only one member; *as a...
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Generally, for federal tax purposes an LLC is treated in one of three ways: *as a disregarded entity, if there is only one member; *as a...
This is a hybrid immigration/business question. You need not be in any legal status to form an entity. With what you have now, you may incorporate...
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It really depends on the requirements of the program you are trying to qualify for. Generally, the company must be majority owned by women and the...
It is not particularly difficult, but you have to keep in mind that the general partner, the individual or entity which runs the business, will...
In theory this sounds right, but it is overkill. Yes, the legal and investment banking costs of selling securities/raising capital are generally...
Keep careful track of all revenues and expenses. For expenses, keep records of the what and why. The question will be, which expenses may be...
There are accepted methodologies for valuing private companies. For example, one might value your interests as a multiple of the annual returns....
Often, there is overlap between the two groups. Generally, the corporation's By-Laws (usually boilerplate) set the rules for who may act.
Yes. See http://www.tax.ny.gov/pit/efile/annual_filing_fee.htm
What do you mean by, as a single entity? If you just want to split the account 50/50 you could try setting up a joint account without resorting to...