The IRS generally doesn't consider the transfer of assets between divorcing spouses a taxable event. However, your husband may have incurred a tax...

There are various types of taxes that a business may be liable for including payroll taxes, sales taxes, income taxes, franchise taxes, etc. The...

You can operate in your individual capacity but in order to limit your personal liability, I recommend operating through a legal entity such as an...

I suggest a business attorney (that deals with entity formation and preparation of LLC operating agreements and tax planning). One thing I caution...

At the basic level, you need a purchase agreement and/or a subscription agreement and if the Company is an LLC an operating agreement. The...

I would start by valuing the company as a whole and then determine what the appropriate "buy-in" would be for him. Once the price and % is...

One way to accomplish this is to transfer your ownership in the company to a trust (need to discuss/evaluate whether it should be revocable or...

Is there a tax event for an LLC member with no voting rights?

The answer to your question generally depends on the economics of the deal. However, assuming the LLC is taxed as a partnership, the Member will...

I need help registering a nonprofit organization 501c3?

You should first identify which state you want to form the legal entity in. The formation is important because you want to specify the charitable...

I need help on a business registration?

You should consult with an experienced business and attorney like myself to determine how and where to register your business. There are various...