Archived
I got the certificates of my LLC from my lawyer that did it for me and there are 20 all in blank. Is this normal?
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Answered on July 12, 2014
All documents referencing ownership should list you as the sole owner. Having blank certificates means little but the logic of listing himself as...
Can i use a Virtual Office Address to Register a LLC in Dealware,
Mark's answer
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Answered on July 06, 2014
As noted, you do not need an actual office of any kind. Registered agent fees are nominal. Owners outside US need to understand tax consequences of...
Archived
Can donations to 501 c 3 organizations be passed on to investors of a company or corporation as a tax write off?
Mark's answer
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Answered on July 03, 2014
Yes. If the business is structured as a "pass through" entity, charitable deductions will be passed along to owners through their annual K-1...
Archived
Is it worth my while to consult with an attorney and what are potential options for reduction of tax owed?
Mark's answer
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Answered on June 17, 2014
You need to make sure that they are doing a correct calculation for purposes of determining insolvency. The debt forgiven is included for this...
Archived
Can a board members who is going to be absent from a scheduled meeting assign their vote to another board member
Mark's answer
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Answered on June 17, 2014
In most circumstances, no. Board members are supposed to exercise their own discretion. Delegating that role to another person would not be...
Archived
I invested 1M+ into tech startup in 2002 preferred shares. Company doing well, never provided me any docs, ignores requests
Mark's answer
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Answered on June 06, 2014
The law of the state where the company was formed will govern your rights to inspect records, if you own shares. Through the office of the...
Archived
My mother did not have a Last Will, no Beneficiaries, no Life Insurance etc.
Mark's answer
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Answered on June 04, 2014
Contact several local attorneys and you will get assistance.
Archived
What do I need to do to protect myself in joining an LLC?
Mark's answer
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Answered on June 02, 2014
As to your specific question, no, being an authorized signatory on the LLC account, in and of itself, would not create personal liability.
Archived
Borrowing money from family How to set up loan agreement in FL to include our house as a collateral, tax implications?
Mark's answer
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Answered on June 02, 2014
Everything you are seeking to do is theoretically achievable. It is also very document intensive.
Archived
Equality in a partnership? I will provide time/ know-how. My partner will provide capital, but wants his capital returned later.
Mark's answer
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Answered on May 29, 2014
It is not uncommon for hard cash invested to be returned first out of LLC distributions. In many cases, it also gets a preferred return that acts...
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