Archived
I recently signed a LOI with a venture capital finance company for a small business loan of 700K i put 30K down as a deposit....
Mark's answer
|
Answered on October 11, 2014
I agree with the prior attorney. You have almost certainly been scammed.
Archived
Why would a bank ask for BY LAWS OF A COOPERATION?
Mark's answer
|
Answered on October 11, 2014
This started with the Patriot Act. As referenced, banks interpret their obligations to know the ownership and governance of entity clients...
Archived
My Former partner dissolved the corporation without my knowledge. We were operating the business out of her residence
Mark's answer
|
Answered on September 15, 2014
The first question is whether your partner had the authority to dissolve the LLC. If they had the authority, you likely have no recourse. If you...
Archived
I am an incorporating an S Corp based in Florida. Is there a tax / yearly fee implication based on number of authorized shares ?
Mark's answer
|
Answered on September 05, 2014
If a Florida corporation, there are no fees based on authorized shares.
Archived
How do I address with the IRS a K-1 issued that said I received alot of money disributed from an LLC but was never distributed.
Mark's answer
|
Answered on August 28, 2014
I agree with the prior lawyers that the K-1 is based on your share of the business income and not the cash you received. However, it is...
In Florida, does conversion from a Professional Association (PA)
to a Limited Liability Company (LLC) require a new EIN?
Mark's answer
|
Answered on August 28, 2014
No. The EIN does not need to change but a change in status will need to be filed with the IRS. This may be a change from a corporation to a...
Archived
We want to change our beneficiary on our revocable trust how do we go about it?
Mark's answer
|
Answered on August 24, 2014
It depends on the provisions of the trust itself but, typically, through a simple amendment to trust executed with proper formalities.
Archived
Costs of creating and maintaining a corporation or LLC in Miami, FL. How much do one has to pay annually in fees?
Mark's answer
|
Answered on August 23, 2014
There is an initial filing fee for a LLC of $125. Annual fees to the state are $137.50. You can find this at www.sunbiz.org.
Archived
Someone wants to gift me a car so they can write it off on their taxes. If they have a title that would mean they don't owe any
Mark's answer
|
Answered on August 22, 2014
Yes. If they have the title then no lender likely has a perfected lien. Are you a charity? Not sure why the donor thinks they will get a deduction.
Archived
LLC or S Corp and do I need a lawyer?
Mark's answer
|
Answered on August 20, 2014
Based on what little you have here, I agree that an S Corp may be the best option. There are a variety of variables not addressed here that may...
Ad
Transform legal challenges into solutions.
Connect now to review your situation.
The Avvo Rating explained
The Avvo Rating explained
