Archived
If I register an LLC in the state of Tennessee but I do not currently live there do I need to pay taxes?
Gaurav's answer
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Answered on May 22, 2014
IF TN has no personal income tax, a single member LLC will not be subject to any tax. Single member LLC are not subject to corporate income tax if...
Archived
I was hit by a car and require ongoing medical care, the insurance company wants me to settle, is this a good idea?
Gaurav's answer
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Answered on May 22, 2014
You should consult with an attorney. An insurance company cannot make you settle and often you will get more money with proper legal representation.
Archived
Do I have to pay corporate state-income or self-employment tax when LLC is taxed as disregarded entity?
Gaurav's answer
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Answered on May 22, 2014
A single member LLC with only one member is treated as an entity disregarded as separate from its owner for income tax purposes (but as a separate...
Archived
Used a trade mark name under state corporation commission.
Gaurav's answer
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Answered on May 22, 2014
Depending on the state of incorporation or organization, you can file an amendment to the Certificate of Assumed Name (as the case is in NY). You...
Archived
Contract question (minor potentially being sued)
Gaurav's answer
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Answered on May 22, 2014
Danish law would not apply. Under US law your 14 year old son lacks capacity to enter into a contract. The company would probably not file any...
Archived
Is there a sales tax on digital downloads?
Gaurav's answer
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Answered on May 22, 2014
A growing number of states are finding ways to tax digital downloads. While some states rely on existing sales tax laws, more than a dozen have...
Archived
Is a single-member Delaware LLC liable to US federal tax if it does no business in US?
Gaurav's answer
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Answered on May 22, 2014
If the company will not do any business in the US and you are not a US Person, why would you set up a Del LLC? Makes no sense.
Aside from the...
Archived
I'm looking for a lawyer to provide the following services: what type of lawyer should I consult?
Gaurav's answer
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Answered on May 22, 2014
We at MSN Legal offer many start-up companies advice on corporate formation and IP filings at an affordable price.
1. As you are a health care...
Archived
If a defendant corporation is sold what happens to its debt obligations?
Gaurav's answer
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Answered on May 22, 2014
There are not enough facts to give you a good accurate answer. It is important to know if the sale was an asset sale or a stock sale. Typically on...
Archived
Can my two LLC partners close or dissolve the company without my authorization, and open another company with the same clients?
Gaurav's answer
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Answered on May 22, 2014
You should consult an attorney to explore your options.
1. Typically an LLC should have an operating agreement which would cover dissolution...
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