No, assuming the LLC is taxed as a partnership, the income will b e recognized in the year of sale regardless of when or if the proceeds are...

Can I use cash as collateral for a business loan?

Cash is the ideal collateral, but it will be locked-up if used as collateral. The amount of a loan will depend upon a number of factors, such as...

It's difficult without seeing the documents to know how the term "restricted" is being used with respect to the tender offer; it likely refers to...

A DBA is just a notice filing that someone is doing business under an assumed name - it is not a separate entity. If an LLC is sued all of its...

How can I buy a partnership and change it to an LLC?

You really need to consult with an experienced Business Attorney. First, is it even a partnership? - by definition there must be at least 2...

Hold Harmless, can this stop a company from sueing me if my buisness partner signed one and he screwed up

A hold harmless or indemnity agreement from your partner is his obligation to make you whole if a judgment is obtained against you. You still need...

Hi All, If parent company is E-verified, it applies as well to the dedicated business unit of parent company ?

It would be best to address the discrepancy by mentioning it in your application and, better yet, by having the employer document in a signed...

Can you place a Lein against a company that bought out your previous company

It depends upon the manner in which the company was "bought out." Was it an asset purchase, an equity purchase, or a merger? Did the purchaser...

A DBA is not a separate entity - it is merely a notice that a person or entity is doing business under an assumed name. If a corporation that is...

Can my soon to be ex husband take our business away from me?

You should discuss the property division with a TX Divorce Attorney. Regarding the business, the answer will depend upon the form of the business...