I am an independent contractor and i own a s-corporation. I receive the payments under my company name.
James's answer
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Answered on February 16, 2017
Yes, the company should provide your S corporation with a Form 1099 so that the taxing authorities will expect your Corporation to report the income.
Archived
How would I split up a business?
James's answer
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Answered on February 16, 2017
If I understand your question correctly, you seem to be proposing forming a holding company with subsidiaries that engage in separate businesses....
Archived
In a minority/majority co-owned LLC partnership separation, how are the assets split?
James's answer
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Answered on February 16, 2017
The procedures for dissolving and liquidating an LLC should be detailed in the operating agreement. If not, or if there is no operating agreement,...
Can I sue an inactive New York Corporation for unpaid wages from October, 2016?
James's answer
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Answered on February 16, 2017
I'm surprised that the New York State Department Of Labor was not helpful but that may be because of your income level. At any rate, as Mr. Goodman...
Shocking Event : Need help to take our company back from "Hostile takeover" of a non profit organization,
James's answer
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Answered on February 16, 2017
You should consult with an experienced Corporate Attorney to review the organizational documents of the organization so that you can explore...
Keep EIN and move form a S-corp out of state to AZ LLC?
James's answer
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Answered on February 16, 2017
The simplest way to accomplish your goal is to convert the Nevada Corporation into an Arizona LLC (or, if you prefer, re-domesticate the Nevada...
Archived
What type of financial information should be given to a shareholder that owns 35% of a startup company?
James's answer
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Answered on February 16, 2017
The initial question is what form of entity is the startup company – a corporation? An LLC? Or a different form of entity? The organizational...
I am a convicted felon thats a hair stylist, my business license is with the salon for now as an independent contractor,
James's answer
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Answered on February 16, 2017
From a business standpoint, you can form an LLC to operate your business. As regards the conditions of your probation and restitution obligations,...
Is a 51% shareholder authorized to dissolve a NYS LLC without notifying the other shareholder which has 49%?
James's answer
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Answered on February 16, 2017
An attorney would need to review the entire operating agreement to give a definitive response, but based upon your cited language the issue is...
Archived
How long is the stat. of limit. to sue an ins. com. in a civil matter?
James's answer
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Answered on February 16, 2017
I am changing the Practice Area so that your question might be answered by Litigation Attorneys.