If I move to FL, but my LLC stays in NJ, do i file Non resident return to NJ? And nothing to FL, because FL has no income tax?
James's answer
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Answered on October 10, 2016
To answer your question generally, you will be taxed as a resident of the State in which you reside and, to the extent you derive income from a...
Can one of the partners at a 50/50 LLC buyout other partner's shares without dissolving the company in Georgia?
James's answer
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Answered on October 10, 2016
Depending on the terms of its operating agreement, one member of an LLC may purchase the membership interests of the other member and continue the...
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Do Oregon LLCs require having a physical office in Oregon?
James's answer
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Answered on October 10, 2016
You need to maintain a registered agent and a registered address (physical street address) in Oregon. Otherwise, you do not need to maintain an...
Archived
Can I start a business using some of the ideas/practices that I learnt while doing due diligence on a franchise?
James's answer
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Answered on October 10, 2016
It does not sound like you came into possession of any proprietary information, so absent a nondisclosure or confidentiality agreement, you should...
Archived
How should I respond to the summon
James's answer
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Answered on October 10, 2016
You should not be liable for the LLC's obligations as long as you respect it its separate existence, did not commingle personal and business assets...
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How to bring a business to the U.S.A.?
James's answer
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Answered on October 10, 2016
As my colleague points out, there are many issues to be addressed in your situation. Aside from the nature of the business and any necessary...
Is being paid as a Vendor or Loan Out the same. Or is one more beneficial or less risky come tax time in a LLC or S-Corp setup?
James's answer
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Answered on October 10, 2016
Your terminology is confusing, but as I understand it you provide film editing services through a single member LLC that is disregarded for federal...
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IS IT LEGAL IN COURT HAND WRITTEN PAPER DOCUMENT PAYMENT OF AGREEMENT PLAN ?
James's answer
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Answered on October 10, 2016
Your question is unclear, but I agree with my colleague that a handwritten agreement is enforceable. Because you denoted the currency in pounds,...
Archived
Does an out of state LLC that wholly owns an LLC have to register as a foreign corporation?
James's answer
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Answered on October 10, 2016
As I understand your question, the IL LLC will be the Manager as well as sole Member of the IA LLC. That distinction is important because the...
Archived
Am I allowed to give email access of another owner to the other owner of an organization?
James's answer
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Answered on October 10, 2016
To protect yourself, you should require the wife to deliver to you a certificate of the corporation attesting to the adoption of a corporate...