What would be considered in buyout of member in an LLC

The buyout of a member is governed by the operating agreement of the LLC which should be interpreted by attorney or a judge. You have not stated...

Do I have to give an officer of my corporation shares

The California Labor Code requires that in order to exempt from workers comp. insurance, the individual must 1) be an officer, 2) owns shares in...

My corporate accountant copied my email and shared to other shareholders and non-shareholders, is that legal?

California corporate law (and most state statutes) provide for shareholder's access to the financial information of the company. Check with your...

In case of investigation of tax deductions, what documentation would IRS be reviewing?

Your post is vague as to the nature of the supporting documentation you have or what the "other country government agency" may have. If the US has...

If someone else claims me as a dependent, what does that mean for me?

I don't believe they have the legal right to claim you for many different reasons. Send them a certified letter indicating that you do not want to...

Has your employer provided you with a copy of the "corporate program."The IRS regulations require that your company have a written "accountable...

Form ll-2 is used to amend the Articles of Organization. The Articles of Organization do not specify the number of members, only the managers. If...

Here is the text from the website of the California Franchise Tax Board. The link is provided below. Statute of Limitations on Collection...

My minor child is an actor making over 75K a year and living in California. Which corp is best to set up for her? S ,C, or LLC?

The S corp presents the best tax advantages. Your decision may be affected by the long term employment and investment plans of the actor. Consult...

I own a C-Corp, which is in good standing. I also set up an LLC, owned by this C-Corp about 6 years ago.

See my previous post.