Can LLC with 3 member partnership need to file form-1065 and K1 if there was no revenue and expenses during the year?

As previously answered, No, you do not need to file a 1065, but should memorialize the absence of income and expenses for 2015.

Can LLC with 3 member partnership need to file form-1065 and K1 if there was no revenue and expenses during the year?

No, based on your facts, there is no obligation or reason to file a 1065. You should memorialize the lack of income and expenses for that year and...

Is forming an LLC or S -Corporation better if one is married but concerned about the implications of divorce?

To get the best combination of tax advantage and ability to craft a structure that might frustrate a particular creditor, I'd opt for an LLC. You...

Unfortunately, you would need the consent of the lender to be released from any obligation under the loan for which you cosigned. You could seek...

If I am a second mortgagee and the 1st mortgagee is a bank, do I need the 1st mortgagee's approval to File a foreclosure in NY?

You will need to notify the 1st mortgagee, which stands ahead of you in preference. The existence of your 2nd mortgage might constitute a default...

Yes, you can amend your tax returns to correct the filing status. If you have any questions, you can consult with a Tax Attorney or CPA.

Do I need a certain license in order to sell an alcoholic beverage made with someone else's alcohol?

You should consult with a Georgia Business Attorney to ascertain the licensing requirements for the sale of alcohol.

The payment of the startup costs for the new business can be structured so that they are deductible. Initial inquiry is in what form will the...

Can a business partner sign away your rights?

To give a different answer, attorney will have to review your partnership agreement and the franchise agreements. That said, if you are indeed a...

How do I go about creating a non profit?

You should retain a Corporate Attorney who is experienced with nonprofit entities, year she will guide you to forming and organizing the entity...