I want hide my name from being listed on a new business but the other partner can be known

It is not easy to hide your ownership of the business in the computer age. Frankly this is part of asset protection planning and you really need a...

LLC or C-corp for real estate business

First, I would avoid having the exporting business convert into a real estate holding company. If there is any liability related to the exporting...

Actually, the smartest move would be having separate LLCs for each website. You stated that there unrelated and there is no reason that you should...

I am a single member LLC (disregarded entity) and want to hire my wife as a bookkeeper. Do I need a new EIN?

You do not need a separate EIN in order to have payroll. Secondly, it may not be a good idea to have your wife on the payroll because this could...

Should we form an LLC or a corporation? For simplicity and saving $ on taxes should we register in Washington state or Delaware?

When you set-up a LLC, you automatically have nexus for tax purposes. I would avoid Washington State unless that is important. You really need a...

How much can I accept as a gift amount towards the down payment of a home without having the gifting party incur taxes?

If gifts are made that exceed the $14,000 per giver per recipient limit, $28,000 for a married couple giving to one individual, then a 709 US gift...

It is possible to transfer the membership in the LLC from your father to you. Your father would have ownership until the transfer, and would file a...

Non-US LLC Incorporation in the US

Under present US tax law, even if you earn income outside of the US, it is taxable to all US residents and citizens. This includes LLC's and...

Will I need to form a company to copyright and publish music?

To copyright music, you do not need to have a limited liability company, corporation or any other kind of business. However if you are going to be...

Can part of (equity) proceeds raised for a business be taken as an owner's draw?

It is not a "draw." On the K-1 it would be a distribution, but should not be separately taxable. This should be detailed in the agreement with the...