Archived
Does an LLC in Nevada need provisions in its operating agreement to stop distributions to a member with a charging order ?
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Answered on June 13, 2014
I think that you may be mixing up Allocations and Distributions. Items of incomes and loss are allocated among members for tax purposes, ...
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Archived
Can I request payment for accrued personal time off?
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Answered on June 06, 2014
The state of Nevada doesn’t currently have a provision regarding payment of vacation benefits, however, it has been interpreted by court and...
Archived
If I cash out an annuity and put $30,000 from annuity into a a regular bank account....can a creditor take account?
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Answered on June 06, 2014
Yes! Holding the proceeds from the annuity in a regular Nevada bank account would make them subject to levy by a judgment creditor. ...
Archived
Can a "Non US Citizen" who doesn't reside in the US, form a Nevada LLC for e commerce purposes (online sales to US, UK, etc.)
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Answered on February 17, 2014
In Nevada, having a registered agent by statute creates a presence at requires a Nevada business license (and sales tax registration). One of the...
Archived
Can the Nevada Contractors Board order a licensed handyman to stop advertising?
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Answered on October 09, 2013
You are not a 'licensed" handyman. If you bid (or charge customers on ) jobs in excess of $500, then you will need to become a licensed...
Archived
Can my Company be sued if I am on the board of directors for a nonprofit organization with debt problems?
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Answered on September 27, 2013
There is a lot of confusion in the question, as well as in the advice posted.
For starters, LLC's generally cannot be set up as non-profits,...
Archived
Can I sue my employer for not paying expanded overtime if I work 30 days straight 8hrs per day with no day off and I'm part time
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Answered on September 22, 2013
Generally under the Fair Labor Standards Act and Nevada law if you are a non-exempt employee, the employer is required to pay you over time for...
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Entered an LLC with a former associate and 27 days after purchasing the property I have put over 240 hours of labor into clearin
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Answered on September 22, 2013
By entering into an LLC--did you jointly file Articles of Organization with the NV Secretary of State's Office. Is there any written document...
Archived
How do i rescind, or give up my membership in an llc ? business never started, no assets or liabilities.
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Answered on September 15, 2013
If the 4 of you entered into an written operating agreement, it should contain procedures for withdrawal or transfers of your membership interest. ...
Archived
What is most appropriate an LLC, C-Corp or S-Corp?
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Answered on September 15, 2013
In making a decision between S or C corporation, you should consider the IRS personal service corporations that apply to C corporations. The...
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