Am I still personally liable for the company vehicle?

You need to get a release of the personal guarantee from the car dealership. Absent that, you can get an indemnification agreement from the...

What backs a certified check?

The bank will certify funds only after it has established and put a hold on those funds in an account at the bank.

Is removing member from LLC neccessary in order to deduct all LLC expenses on my schedule C?

You need to document the ownership of the LLC. If you and your brother owned the membership interests, then there needs to be a transfer or...

When Incorporating, How do we decide the par value of our shares?

Depending upon the State of formation, the par value may impact the franchise tax payable by the Corporation. Typically, a very low par value is...

What should I do after Registering my Business as LLC in Kentucky One Stop portal?

As regards an EIN, as a single member LLC without any employees, you have the option of using your Social Security number or applying for an EIN....

What should I have to do my partner stealing money from business ?

In addition to Mr. Greenbaum's advice about an accounting, you need to consult with an experienced Business Attorney to review the LLC operating...

The initial issue to resolve is whether the business is operated by an LLC or whether it is a sole proprietorship that has filed a DBA. If it is an...

Is it illegal for consumers to sell bulk makeup under market value?

I am changing the Practice Area so that your questions might be answered by Intellectual Property Attorneys because the sale of branded merchandise...

Can a company contact a customer before arbitration?

There's nothing to prevent the company from continuing to contact you despite the service of arbitration papers. You should consult with an...

H1B QUESTION

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