Can I satrts a S Corp business?

To elect S corporation status, each of the corporation's shareholders must be US citizens or residents. To determine whether you are a US resident,...

I own a corporation which has LLC's filed underneath it. Can I get liability insurance for the corp and the LLC's are covered?

I agree with Mr. Greenbaum that this is essentially a question for a commercial liability insurance agent. You seem to be inquiring whether the...

As the facts stated below stand, is the expartner relived of SBA debt by arb now liable?

I agree with Mr. Greenbaum that a definitive answer to your question cannot be given without reviewing all relevant documentation. Unless the SBA...

Filings made with the State are not definitive records of the LLC. The identity of the LLC members should be revealed by the operating agreement,...

What is the difference between EBITDA and Cash Flow for restaurants?

EBITDA is a clearly defined standard that looks to eliminate non-cash and owner-specific expenses so that the value of a business may be reliably...

As my colleagues state, a DBA is not a legal entity, but rather a filing made to reveal the person or entity that is doing business under an...

Does a company have to let you know who they share your personal information with?

You should review the terms and conditions of any document that you signed (whether digital or physical) to assess any consent to sharing your...

H1B transfer when amendment petition with current employer has an RFE?

I am changing the Practice Area so that your question might be answered by Immigration Attorneys.

A LLC business I owned closed several years ago. I used a credit card attached to that business. Do I have to pay the debt?

It appears that you inadvertently used the LLC as your alter ego by using the LLC's credit card to pay for personal expenses. That may leave you...

What happens if my LLC can't pay a debt to a vendor?

You need to defend the action or risk a default judgment. Your defense will be that the obligation was incurred by the LLC, not you. To dispute the...