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

A "draw" is an advance against distributions to one or more members of an LLC or other entity that is taxed as a partnership. As such it needs to...

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

I agree with Mr. Jami. Although you are not obligated to conduct your business through an entity, the potential exposure to liability should be a...

Could I request a business to remove my information from their database?

I am changing the Practice Area so that question might be answered by Business Attorneys. You should review any agreements signed by you as well as...

Where To Form An LLC Living In NJ, But Buying In IL

Because the LLC will be doing business in Illinois, you should form the LLC in Illinois. If you form it in New Jersey, you will need to qualify it...

Do we have the chance to get h1b?

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

Im looking for Ways to Accept Donations from others through my Business which has an LLC as we Give to others in Need.

Donations to an entity will not be income to it unless they are in exchange for goods, property, or services. Those donations will not be...

Can a company sponsoring an H1b prevent the employee from transferring to a new company

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

Can my ex employer legally request a non compete after being fired?

I'm sorry to hear about your predicament and I can't give a definitive assessment without seeing all of the documentation, but based upon your...

Your rights, including any right to remove him as a manager, officer, or member, should be spelled out in the operating agreement. You should...

Loned some money to a so called friend just about a year ago.. have asked for some type of payment and they have not paid

Hopefully you have a promissory note or other signed documentation evidencing the loan. If not, at least a copy of the canceled check and some...