How can i start my nonprofit?

Depending on your goal, a nonprofit may not be appropriate. For instance, doctors must form professional entities. However, if you want to start...

If I have a small Texas corporation and plan on retiring in the next year and would like to put corp. in my son's name, how?

You will transfer your shares in the corporation to your son. Because there are tax consequences to the transfer, you will want to seek advice to...

I am a Canadian citizen. I want to buy a small business in Texas. How can I do it legally?

The short answer is that it is not a problem to purchase the business and there are many ways it can be done. We would need to start by...

What kind of paperwork is needed in naming someone an officer of a Texas Corporation?

The board of directors of a corporaton elect the officers. The election can take place either at a meeting of the board, or by a written consent...

Is it legal for a corporation by majority shareholder vote to reduce the company stock value by 50% to generate more capital?

It may have been legal but not without a lot of twists and turns. Typically, a fundamental change in a business requires the vote of the...

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I own 5% of a corporation. I planned it and ran it for a year until the capital investor who owns 95% stopped investing.

Your 95% investor may have stopped putting money into the corporation, but he still owns sufficient interest to control all votes, including to...

Transfer TX LLC ownership in asset purchase

Purchasing the assets of a company is very different from merging with a company, but in either event, your Texas corporation, the purchaser, gets...

NON PROFIT

Actually, the answer is "no" if you want to keep your tax exemption. If your organization is 501c3 certified, you will have to report...

Does it make more sense -- less hassle & expense to incorporate a new business rather than to reinstate an old corportation?

Your question appears to address continuation of your tax exempt certification rather than reinstatement of a corporation that has lost its charter...

I am an S-Corp with INC. at end of Bus. Name.. I'm thinking of going out of bus so I won't have to pay the back sales tax.

You are unlikely to be able to avoid the sales tax obligation no matter what you do. Furthermore, if you don't seek to work out a solution with...