What if LLC is owned by foreign entity? How would it work?

First, you should know this is all "doable". Secondly, this might not be the best choice for the parent company. The big advantage of LLCs is...

Can I form a sole proprietorship or LLC selling self-made guitars in order to tax shelter income from my day job?

First, you should definitely set up a limited liability company rather than act as a sole proprietor. Reasonable startup expenses would be...

Does a "manager" of an LLC have any liability?

Yes, the manager has liability as would any chief executive of any business. For example if sales and use tax or employment taxes were not paid,...

Selected as the best answer

How to form partnership?

You probably want to form a Limited Liability Company rather than a partnership. You will have the liability protections of a corporation and the...

My husband of 6 years just formed a single owner LLC. What rights do I have as his wife when it comes to the LLC?

Your husband is a single member so you should not have any ownership interest. It would be very poor planning to have you as a member because this...

My husband of 6 years just formed a single owner LLC. What rights do I have as his wife when it comes to the LLC?

Your husband is a single member so you should not have any ownership interest. It would be very poor planning to have you as a member because this...

Exemptions

Why do you believe you are exempt? That sounds wrong. Most likely, the IRS sent a notice to the employer requiring "0" exemptions. The only way...

You should check with a local business attorney. The first step is to simply stop paying the expenses for this member. depending upon your...

My husband was filing my taxes a year late and I was paying what ever he asked me to. Can I sue him? I'm not legally seperated

This is more than a tax problem. It sounds like you and your husband need marriage counseling. If you want to file married filing separately and...

I have not paid my taxes since 2009 , can I be charged with tax evasion. I plan to file them within the next month?

Please don't ask these questions on a public website. You never know who is reading this. There is a presumption of willfulness if you fail to file...