As partner in an LLC, and the responsible party for our EIN via SS-4, what personal liability do I have to creditors?
Kenneth's answer
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Answered on February 21, 2020
If you have created an LLC and obtained an EIN for the LLC, liability should flow only to the LLC. You should have an operating agreement and the...
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Asking to make a co-operation with Egyption law firm
Kenneth's answer
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Answered on February 20, 2020
If there is an Egyptian firm that wants a relationship with a U.S. firm in order to assist Egyptian companies to send goods here or to help...
My bookkeeper is withholding my Quickbooks for my business , can I force them to disclose my records?
Kenneth's answer
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Answered on February 14, 2020
As a member of the company, you should have an absolute right to see the books, unless your operating agreement says something to the contrary. ...
Is this commingling personal money with llc money ?
Kenneth's answer
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Answered on February 14, 2020
I do see that you have posited this question in multiple categories, which really is not such a great idea. I am curious why you have done that...
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My landlord for my small business building is spreading lies that I m a prostitute and it’s hurting not only me but my business.
Kenneth's answer
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Answered on February 08, 2020
What you are describing is unlawful. He is guilty of defamation--that is saying things publicly that are not true and causing you financial harm...
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Business split arrangement ?
Kenneth's answer
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Answered on February 07, 2020
I am not quite sure that I follow your question, but let me try to answer. It appears that you loan your LLC money. If so, the loan can be paid...
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I am owner and president of a small S-corp i want to maintain ownership but i want to become an employee and give up control ?
Kenneth's answer
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Answered on February 06, 2020
My threshold question is "why" would you want to cede all authority to your employee? You are essentially trading places with her. Do you intend...
How do I transfer my Maryland LLC to Washington DC?
Kenneth's answer
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Answered on February 03, 2020
You could just change the address of your MD LLC to a DC address. If you need to reorganize in the District, the easiest way to do that may be to...
Archived
What is the difference between an S-Corp & an LLC taxed as an S-Corp?
Kenneth's answer
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Answered on February 02, 2020
An LLC is a disregarded entity for tax purposes. It has members rather than shareholders and typically it has one or more managers rather than...
How to dissolve C-corp in Delaware?
Kenneth's answer
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Answered on January 28, 2020
To dissolve the DE corporation go to corp.delaware.gov. Under the tab for forms look under Domestic Corporations. There you will find various...
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