What is the correct procedure to make us as a legally 50 / 50

Put your 50/50 deal in writing. Have the LLC be a Member manager. If you've already set it up as a Manager-managed LLC, make the both of you...

I own a small screen printing business and am having a problematic customer, this question pertains to verbal agreements.

I hate to say that it depends but it depends on all of the facts. The verbal agreement, the check, and any invoice terms and conditions you...

I need help in deciding what type of corporation to set up - S Corp or LLC?Also do I need a business license for Texas?

She has to perform real services for the LLC or S Corp or else the IRS can come back in an audit and disallow the deduction that you would be...

As owner of a small business corporation am I responsible personally for debt incured by corporation ?

I agree with Mr. Goldman. But I would clarify that you would be liable for 941 tax liabilities and certain other tax liabilities to federal, state...

Iam interested in starting a business well businesses. My question is do I start a llc first or just open the first business.

Do the entity first or else there will be a personal liability gap between the time that you started the business and when it was set up. You'll...

Should a business owner get a pay check or take money out of the business account for personal use?

No. It's not illegal. But it will support an allegation later on by a creditor of the company that you and the business are one. And that...

If you are certain that your employer is in fact willfully copying materials for commercial advantage or financial gain, with the key word being...

How do I trademark my business name, and what forms do I need in order to do this ?,

Your friend's approach is trying to do an IP Holding Company. There's no 7% tax-free reduction. He's just paying a license fee from his Company A...

How do I trademark my business name, and what forms do I need in order to do this ?,

Your friend's approach is trying to do an IP Holding Company. There's no right to a 7% reduction. He's just paying a license fee from his Company...

Yes. It becomes a legal alias or a dba. . . and there are laws about doing business other than your legal name. So I would not do so other than...