Archived
Is it fraud if as president of a C corporation I raise my salary just before laying myself off to maximize unemployment benefits
Michael's answer
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Answered on April 04, 2013
The officers of the Company serve the Board of Directors. I would think that the Board would not look kindly on this as you are also a Fiduciary...
Archived
My rights as controlling shareholder in a s corporation
Michael's answer
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Answered on April 04, 2013
I concur with my colleagues. I'd take a copy of the By-Laws and any existing Shareholder Agreement to a Business Law attorney and discuss how best...
Archived
I signed an agreement in Utah. The company is based in Iowa they are threatening to sue me in that state,
Michael's answer
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Answered on April 04, 2013
It's time for you prepare to Defend the case. I'd recommend you speak quickly with a Litigation Attorney and have him or her review the Agreement...
Archived
Is estate planning beneficial if there are limited assets to consider?
Michael's answer
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Answered on April 04, 2013
With proper Estate Planning (let's say a Living Trust Estate Plan) you'll not only avoid Probate but also Conservatorship. In addition, with a...
Archived
If the irs make some mistake on any tax file for any person,and the irs put in the credit report that person own 60,000 dollar,
Michael's answer
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Answered on April 04, 2013
You can pursue t his with the IRS Supervisor in this case by fully documenting the mathematical mistake and demand action consisting of a written...
Archived
Legality of Unsolicited Goods In Colorado?
Michael's answer
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Answered on April 04, 2013
Isn't this the same exact question you asked earlier - and received answers to?
Archived
Penalty two Directors (2010 – 2013) when Bylaws require 3; Directors not having annual Director Elections for over two years?
Michael's answer
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Answered on April 04, 2013
if the By-Laws clearly state that 3 Directors must be involved, then the actions of two Directors acting by themselves are most likely invalid...
Do I need a new EIN number if I converted an LLC to a C Corp in California?
Michael's answer
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Answered on April 04, 2013
If the Company is in the same business and has the same management structure and is merely changing the FORM of the Company - then I'd lean in the...
Archived
How long can a company demand money back after they sent it to you as a refund?
Michael's answer
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Answered on April 04, 2013
In plain language, it was NOT your money in the first place. Do the right thing. Pay it back.
Archived
Will all 3 children be treated equally and recieve there equal 3rd of mwhat I leave them when I die
Michael's answer
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Answered on April 04, 2013
Your Living Trust is one thing. Your Life Insurance is another. The distribution of your Life Insurance death benefit will be according to the way...
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