Archived
Seed Funding inside an LLC... Which documents are needed?
Phillip's answer
|
Answered on December 20, 2013
Attorney Corrigan is correct whenever you bring "investors" into a business, you have serious security issues that need to be addressed. This is...
Archived
In what state should I incorporate an LLC (taxed as an S corp) to receive the best tax benefits and have less filing burdens?
Phillip's answer
|
Answered on December 20, 2013
The attorneys who answered your post are correct in their responses. I would like to add that you need to indicate what your are selling online. If...
Archived
My husband owes back taxes from before we met in 2010. We got married in July 2012.
Phillip's answer
|
Answered on December 20, 2013
While you may not be held liable for your husband's back taxes, and the IRS, the State of California Franchise Tax Board have the right and the...
Archived
How do I effectuate a sale of a business (corp and LLC)?
Phillip's answer
|
Answered on December 18, 2013
Your question provides little guidance. What kind of businesses are these? Do they have substantial assets? Are you paying a premium price for the...
Archived
Is the CA LLC $800 annual tax waived if the LLC is dissolve with a LLC-4/8 form in the first year?
Phillip's answer
|
Answered on December 17, 2013
I don't believe can use short form cancellation because one of the conditions is that you did not engage in business in 2013. Your incurred...
Archived
Is my tax firm responsible for penalties/interest from their negligence resulting in an audit where I represented myself?
Phillip's answer
|
Answered on December 17, 2013
The firm would not be liable for the interest because you received the beneifit of the refund. You may have an action for the penalties, however...
Archived
Ex gets to claim the kids for taxes. I think he's hiding income & not taking the deduction or just not filing. What can I do?
Phillip's answer
|
Answered on December 16, 2013
Your questions are best answered by a divorce attorney, and the family law court that awarded you custody.
Archived
What risk exposure do I have with a business first operating as a sole proprietor this year, and as an LLC next year?
Phillip's answer
|
Answered on December 13, 2013
The risk exposure may be very high because you are selling on the internet which means you are subjecting yourself to potential liability to the...
Archived
Hello I have a C33 Painting liscense ,I want to bring in a partner to run commercial work under a different name .
Phillip's answer
|
Answered on December 13, 2013
You definitely need an attorney to sort all this out. First of all, you need to seriously consider forming a business entity in which you can do...
Archived
My wife and I started an LLC at home this year. We have not generated any income. Are we required to file as a partnership?
Phillip's answer
|
Answered on December 13, 2013
You can file jointly as a disregarded entity on your individual income tax return.
Ad
Transform legal challenges into solutions.
Connect now to review your situation.
The Avvo Rating explained
The Avvo Rating explained
