Archived
"S" corporation is sued, case is lost. Corporation needs to liquidate its assets to pay. Will shareholder loans be returned 1st
Evan's answer
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Answered on March 27, 2012
In the event of a corporate dissolution and liquidation there exists a "pecking order" of sorts regarding who is entitled to assets from the...
How many weeks can you work a part-time employee 40 hours before they have to be given benefits of a full-time employee?
Evan's answer
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Answered on April 19, 2011
Generally under The Employee Retirement Income Security Act of 1974 (ERISA) and the tax code an employer may be penalized for excluding a purported...
Can I really go to jail for not being able to pay back a payday loan?
Evan's answer
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Answered on April 12, 2011
There is no law that I am aware of that could result in you being thrown in jail for failing to repay a payday loan. Notwithstanding that, as you...
Archived
My tenant now has bedbugs after five years. As the landlord, can I bill him for the cost of getting rid of the bedbugs?
Evan's answer
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Answered on April 06, 2011
The answer is highly dependent upon what is in the lease agreement between you and the tenant. I imagine you are obligated to provide a certain...
Archived
I have only filed a tax return [federal] twice in the last 20 years. 92' and 94'.
Evan's answer
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Answered on April 05, 2011
I think you’re better off with professional help. Whether it's the IRS or the a private creditor you are ]more likely to get a better debt...
What is the liability of selling an emptied and repurposed consumer product??
Evan's answer
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Answered on April 04, 2011
Your question is extremely broad. As a matter of products liability law, the manufacturer can potentially be liable whenever the product is being...
Archived
Using an independent contractor in our LLC.
Evan's answer
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Answered on April 04, 2011
Your question seems a bit unclear to me, but I believe you are asking whether or not your business entity can be held liable for the actions of an...
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