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.

Assuming this is a single member LLC, it is liable for the $800.00 per year which is a Franchise Tax fee for the privilege of doing business in the...

Can my single member LLC place a lien on my personally owned (and paid off) car to increase the LLC's balance sheet?

Sounds like a sham transaction if there is no consideration paid for the lien, or some other form of sham transaction. What do you think? Hope...

Home in LLC and still get home sale tax exemption?

You have posted this question a number of time in different versions. The IRS regulations clearly state that the LLC must have a single owner from...

Sounds like you have not dissolved the corp, properly. You should have distributed all the corporate assets at the time of the dissolution. Please...

What taxes are paid on employment lawsuit settlement for individuals?

First of all you, you need to explain in detail what you believe to be "harsh times." If you experienced some of form of physical injury, then the...

How valid is an operating agreement if a LLC has not been set up by the subscribed delivery date.

Unfortunately, it is impossible to respond to your post without a review of the terms and conditions that are stated in your operating agreement....

I'm receiving some funds from a person who won the lottery in the UK. This person is gifting me a portion. taxable?

Gifts you receive are not considered income. It does not matter how large they are. You don’t have to report them on your income tax...

Should I responsible for back Cal. taxes for "presumable" insurance license use (never used since 1997)

This has probably occurred because you have not filed individual income tax returns since 1997. If you file your returns and you did not earned the...

When statue of limitation start and end for breach of Fiduciary Duty in California?

Your post presents a number of unexplained legal issues. Why were you "given a 10% equity stake of the company in May 2010?" How was it determined...

Who is the right lawyer for corporate executive employment agreements

The central questions are what are the relevant aspects of the employment agreement that are of concern to you. Are they compensation? Fringe...