Archived
How to open a business account for a company that is registered in Delaware and has business address abroad?
James's answer
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Answered on October 20, 2016
This is a common problem for foreign individuals opening businesses in the U.S. Banking regulations require that banks know their customer, so you...
Archived
How do I have an LLC transferred to my name after a relative dies and leaves the business to me?
James's answer
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Answered on October 20, 2016
Please accept my condolences on your friend's passing. The answer depends upon how your friend "left the business to you." Was it pursuant to a...
Archived
Court appointed 730 evaluator
James's answer
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Answered on October 20, 2016
I am changing the Practice Area so that your question might be answered by Family Law Attorneys.
Archived
What should I do if I'm considering a personal side business?
James's answer
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Answered on October 20, 2016
As Mr. Gates advises, first make sure it does not conflict with your obligations to your employer or utilize any of its property, intellectual or...
Archived
How to reorganize Sole Proprietorship into S-Corp?
James's answer
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Answered on October 20, 2016
You can form a corporation, elect S corp. status, transfer business assets to the corporation, and conduct business as a corporation going forward....
Archived
If I have an LLC, and no employees, can I use my SSN as the FEIN for the LLC?
James's answer
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Answered on October 20, 2016
Yes, you are correct that you can use your social security number for your single member LLC because of its disregarded entity status for income...
Archived
I went in a LLC business with a couple of partners. I am now wondering if the LLC really exists. How do I find tis out?
James's answer
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Answered on October 20, 2016
You can search for the name of the LLC at the Texas Secretary of State website. If you are a member of the LLC, you should have signed the...
Archived
As U.S. Citizen immigrating to another country will I be considered state-less or will I be considered a resident of California?
James's answer
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Answered on October 19, 2016
Based on the facts presented, you should be free from State taxes as a Texas resident before your move. The fact that you will use a company with a...
Archived
I own shares of a company that was sold
James's answer
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Answered on October 19, 2016
You should consult with an experienced Business or Litigation Attorney to demand an accounting of the Company's assets and distributions to...
Archived
Do I purchase land personally or as my LLC?
James's answer
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Answered on October 19, 2016
I agree with Mr. Smith that you should discuss your particular situation with an experienced Business Attorney to devise the best structure for...