What are the minimal amount of stock/shares that you can put on your corporation registration forms when you are just starting.

I generally advise 50,000 to 100,000 shares to start. You can have as few as you wish. Technically you could have 100 shares and distribute as...

Can I rent being just half owner of a house?

I am going to respectfully disagree with one of the other answers. When two or more persons own real property jointly as tenants in common or as...

Sport sponsor wants money back! Can he do that?

Was there a written agreement on any sort of agreement. From a legal vantage point, there is a factual question of what the agreement was. If you...

Can a president of a corporation not be on the corporate bank account.

That seems a bit unorthodox to me. I do not know that I would ever counsel a client to operate that way. However, as a general rule, a...

I was approached for a partnership in a business by a current business owner for a business expansion into another region.

Generally speaking, a partnership can be created from circumstances as well as a formal document. the Florida partnership statute will control....

Your corporation should have a board of directors, even if it consists only of you. When you created the corporation you authorized a certain...

If my business partner wants out of the business do I have to let him out

You cannot force someone to work with you or for you. In terms of the financial side of things, all depends largely on the operating agreement. ...

A Labor organization had a holding corporation that was voted on to dissolve and transfer all assets and property.

The company exists until dissolved. There will be internal corporate housekeeping and then the filing of the dissolution paperwork with the state....

What should a corporation do if they when do business in a second state?

I infer that you are in Ohio and incorporated in Ohio. If so, you file in the other state or states as a foreign corporation. You might consider...

If I revoke the S-Corp status at the end of 3rd quarter & operate as a C-Corp for 4th quarter, will I owe C-corp income taxes?

I defer to the tax folks on this question. However, why not wait until the end of the last quarter and just make the change effective in the new...