I strongly recommend you work with your attorney in this process. I had a client years ago who moved out of PA and failed to dissolve the company...

LLC vs 501(c) 3 - SHOULD WE DO BOTH?

IRC Section 508 specifically provides churches are treated as tax exempt organizations within the meaning of IRC Section 501(c)(3) and are not...

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Manager of LLC can be managing member

No. The phrase "managing member" refers to a member (owner) of a "member-managed" LLC who has been chosen to have certain additional management or...

Can my ex wife claim my kids her step kids on taxes

One further thought - If you were able to reach an agreement regarding the terms of your divorce, there may be a provision in the separation...

How can we even the capital accounts in an LLC when one partner withdrew more money?

I assume the other member doesn't agree with you as to the resolution. I don't think you should expect the authorities to do much. Regardless...

You may be able to dissolve the LLC, but it will not prevent the lawsuit / bankruptcy action from proceeding, and it will not protect you from any...

Can I have llc in one state and work in another. any issues?

Yes, though you may end up being subject to filing tax returns and paying various taxes in both states.

Can my company sue me in NJ court according to the agreement?

Probably yes. If there is a valid forum selection clause in the contract (which is the provision where you identify the state and perhaps county...

Yes, though the better approach for legal and tax reasons almost always is to form two separate companies, with each company owning a separate...

Own 2 restaurants. 1/ Partnership, 1,alone have an LLC. Judgement against us for debt in Partnership. Can they take my LLC

I need more information to answer your question. I can't tell whether your ownership of the LLC is direct or is through the partnership. Assuming...