Commercial investment property corporate holdings - and what corporate vehicle is best.

Consider using a series LLC. You do not want to be a nyc corporation holding assets that could appreciate like real estate. Lots of other...

Power Of Attorney Form, is it durable?

I agree with my colleagues but just add that the term "durable" power-of-attorney is unlike the ordinary power-of-attorney which becomes...

Does duty of confidentiality still apply for board members after a lawsuit has been withdrawn?

The duty of confidentiality depends on the facts disclosed and whether trade secrets or something proprietary that, if disclosed, would be harmful...

Huge distinction if someone has promised you a sharing (economic) interest from their own membership interest vs. actually being a member that...

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Do I have to file an Income Tax? Where is the law that says I do? No one ever told me I had to pay?

All depends on how much income you received in a particular tax year and whether your itemized deductions and exemptions (for dependents) are...

Does an Operating Agreement have any legal backing in an S-Corporation that also has a Shareholder Agreement?

If the entity was formed as a corporation then a shareholder agreement would likely prevail. However, the fact that none of you understood what...

I concur with my colleagues and only add the following observation. Since it is an investment property (presumably rental property) then ask...

Taxes for foreign LLC owner

This is a complicated area and you need to speak with a tax lawyer (or CPA) with international tax experience. The rules are NOT the same if you...

NY state trust question

Some facts are a little fuzzy but will accept the basic premise that the estate becomes the beneficiary of the trust assets. Absent seeing the...

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What can i do if my employer made an error on my tax information.

As long as you have a proper IRS Form W-4 on file with your employer then this mistake is easily rectified by asking your employer to issue you an...