Can you form a contract with one party in a business and not expect the other partnered party to interfere?
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Answered on March 19, 2024
I don't know what you mean by a "certain type of people," but if the question is whether a partnership or other business entity will be bound by an...
Is a Contract Enforceable After a Business is Sold?
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Answered on March 19, 2024
Whether the agreement is binding on the purchaser of the business depends upon the structure of the acquisition and the language of your agreement....
Can a single member LLC owner draw money from Business account for Treasury bond investment?
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Answered on July 11, 2022
Assuming you have not elected S Corp. status, as Mr. Doland points out the transfer of funds from the LLC could be either a loan or a distribution...
I, and 2 others want to firm. Llc to buy a condo in NJ. 2 of us are in FL, 1 in MD. What state is best to form llc in?
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Answered on June 22, 2022
I agree with my learned colleague, Mr. Robinson. I will add that while you should consult with counsel rather than rely on advice from a forum such...
Can i withdrawl from an LLC?
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Answered on June 22, 2022
You referred to an agreement, so that is the first place to look for an answer to your question. Was that agreement the operating agreement for the...
Should my online furniture store website be in its own new entity, or should it be run under LLC or S-Corp that I already have?
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Answered on June 17, 2022
I understand your desire to know the best structure for your businesses, but it's unrealistic to get that advice in an online forum such as this....
How can I set up an private llc for adult work so that my taxes are paid but without having a 1099 from an adult co. tied to me?
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Answered on June 10, 2022
You can form a Wyoming LLC to render the services. The Articles of Organization need not identify you and neither must the annual report that will...
If I file an LLC in Idaho and I also file a DBA, can I conduct business under both the LLC name and the DBA name?
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Answered on May 27, 2022
I agree with Mr. Doland that you can do business under both its legal name and the DBA. The real question is why you would want to do that and why...
Commercial Property Sale
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Answered on May 27, 2022
First, we must clarify if this really is a partnership or if it's an LLC. In any case, a 50/50 split in interests can lead to the deadlock scenario...
Form 8822B Change of Responsible Party EIN to myself - do I sign it or does the former Responsible Party sign it?
James's answer
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Answered on May 26, 2022
You would sign the 8822-B on behalf of the corporation as its President.