You should have minutes of the Board accepting her resignation as a board member, and an officer in corp. This assumes that she is an officer and a...

Our recent 'offer in compromise' to BOE (in CA) has been denied. Can we appeal? Would (personal) bankruptcy resolve lien?

Bankuptcy is a possible option. You need to consult with a bankruptcy practitioner to determine if you qualify for bankruptcy, and provide the...

The corporation needs to immediately file a new Statement of Information needs with the California Secretary of State that names a new secretary as...

When a trustee is 50% shareholder of a corporation & I am 50% owner / beneficiery. What rights do I have in daily operations?

Most state statutes provides shareholders with at least three rights: 1) A Right to an accounting of the corporation, 2) A Right to an inspection...

Selling my interest in LLC to current members

You may not have provided enought facts.The crucial fact is what do the members of the LLC have to offer as security? It appears that the members...

When seeking investors for an LLC business start-up, is it required to show them the company's operating agreement?

If you have not retained an attorney who is competent in securities offerings, you will experience serious legal problems down the road. This is...

Do I need to change my business entity if I want to sell the business?

I agree with attorney Beckerman. You need to consult with a business attorney regarding the sale of your business. You also have not provided...

Filed for a LLC EIN and 1099'd workers in the first year. the IRS did an audit and found that we did not 1099 ...

There are two strategies that come up for me. Ist seek a penalty abatement based upon reasonable cause, and ask for a suspension of collection...

What documents need to be signed in order to remove a member of a 2 member 50/50 LLC?

You need to refer to your LLC operating agreement to determine if there are any terms or conditions that provide for the removal or resignation of...

I last worked in july of 2004, and owed $500 in taxes. Is there a tax amnesty program and if so, how would I qualify and apply

I am not aware of any recent tax amesty program in California. You can contact the Franchise Tax Board, show proof of your current medical...