NY not for profit corporation

You have two components. First, you will need to form the non profit in NY as a NY corporation. Then you file a form with the IRS seeking tax...

Prevent my initial ownership to be diluted when investor comes in

First, the corporation should issue you shares, not just identify you in the shareholders' agreement. That listing does not necessarily give you...

Are there different rules for business deductions in a start-up environment then an established consulting business?

I will leave to tax specialists like Steve Fromm to address the specific tax issues. However, the rules are substantially the same. Ordinary...

I am thinking about incorporating a software and internet company.

I represent a number of start ups scattered about the country. I have a strong preference for Delaware, though not all will agree with me. They...

My father died and was 60% contmember of an LLC. According to the operating agreement his partner gains full control of the LLC

The answer will be determined by the operating agreement. If the agreement does not address the issue, the state state will control. If you have...

My partner has personally guaranteed a loan I want to dissolve the partnership & take over his debt from the loan is it possible

At the end of the day, the answer depends upon what the lender is willing to do. If the loan was made to the LLC and personally guaranteed by your...

Filing an Operating Agreement for a one member LLC in Wyoming

Generally speaking, one does not file an operating agreement with any government entity. It is an internal document. Only articles of...

The "qualified joint venture" is a tax status that allows a married couple to not be taxed as a partnership. However, being taxed as a partnership...

My threshhold question is why are you not considering an LLC or corporation? By definition, a joint venture envisions two or more entities...

If a california corporation has a sole shareholder and a sole director, should it require agreement in writing each time elected

As a corporation it would be wise to have board minutes drafted at least once a year and shareholder minutes electing the director as well. You...