With a single-member LLC is it possible to add someone as a member or manager only as an advisory person.

You should have a good tax and business attorney revise you LLC Operating Agreement. You can make 2 classes of Membership interest. The class for...

Can my future wife and I claim to be living apart for IRS tax purposes?

Sorry, your choices will be married filing separately or married filing jointly for Federal purposes. It does not matter whether you live together...

I would like to have expert opinion on the following business arrangement. I am setting up a call center company in Pakistan....

I have answered this question when you asked it under another topic. Remember, when you set up a US entity it is automatically considered an...

If I allow my business partner to put only his tax number; on our business partnership. How would that affect me?

1st, you should not set up a partnership. Rather the smart move would be to have your tax and business attorney establish a limited liability...

Can I just add a partner by selling a percentage interest in a DBA without including the main company?

It sounds to me that the best answer would be for you to form a separate LLC with the same name as the DBA. You can then make this a subsidiary of...

My bookkeeper didn't pay 941 taxes or state withholdings and sales taxes for months and left the company which is now bankrupt?

You have to make sure everything is filed with the IRS and the State. Any payments made should be toward the portion that you will have personally...

Collecting a Finder's Fee as a Sole Proprietor

First, you should consider having your tax and business attorney form a Limited Liability Company. This would help protect you in case there is an...

LANDED A GREAT CONTRACT DEAL. How do my unofficial business partner and I get a solid contract in place between the two of us??

this sounds like a terrific opportunity for you and your partner. You probably are going to want to have a lawyer set up the multi-member limited...

Selected as the best answer

Re-structing Business to increase limited liability

A multi member LLC provides a lot of protection. I would suggest that you want extra protection you do two layers of LC rather than going limited...

Small business law

Absolutely not! This may be a scam as part of identity theft. Tell the caller to submit in writing and then verify the information using the...