Archived
I want to partner up with someone in Missouri for a virtual wellness business online. I'm in NY state. Do I need an LLC?
Pamela's answer
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Answered on October 21, 2016
It is highly advisable for you to use a formal business structure for your business, especially with an out-of-state co-founder and/or operator....
Archived
What to do ?
Pamela's answer
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Answered on October 11, 2016
If the complaint hasn't been made yet you should talk to your bank or merchant account provider about the threat and follow their guidelines. If...
Archived
May an independent contractor decline to supply a social security number when a w-9 is requested for a nominal payment amount?
Pamela's answer
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Answered on October 11, 2016
I am not a tax attorney, I deal with small business owners. On the tax side, you're right, they aren't entitled to the info. However, when you send...
Archived
What is my disability policy saying?
Pamela's answer
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Answered on October 11, 2016
You can have an attorney who is knowledge about insurance and disability in particular review your policy and advise you at a reasonable cost....
Archived
Do i indeed owe this money?
Pamela's answer
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Answered on October 11, 2016
Unfortunately, the answer is probably yes. However, a careful reading of the contract may reveal some contingency clauses that could apply to your...
Archived
What should i legally expect out of this? Am I legally liable even if i have not signed the rental lease Agreement?
Pamela's answer
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Answered on October 11, 2016
You have no obligation to sign this agreement or to move in if you haven't already signed. However, if these people are your friends you may want...
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?
Pamela's answer
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Answered on October 11, 2016
Being paid as a Vendor is a direct payment to your company. (I am assuming when you say Sole Proprietorship, what you mean is that your LLC is...
Archived
Is it safe.
Pamela's answer
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Answered on October 07, 2016
Just to be sure you're clear, as all of the previous attorneys have advised do NOT do this. Besides all of the potential liability you are exposing...
Archived
When I am buying an RV (out of state from NY where I live), is it better to buy as my LLC or as myself?
Pamela's answer
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Answered on October 07, 2016
The rule of thumb across the board is to pay for things for your business from business funds and personal items from personal funds. As the...
Archived
I have a corporation, and I would like to help my sister buy a home with a loan from my corporation.
Pamela's answer
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Answered on October 07, 2016
Yes, you can do this with the right documentation and approval from the board. The right documents would include a title and lien search on the...
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