Are directors of non-profits required to submit original dated receipts to be entitled for reimbursement for expenses incurred?

The IRS regulations require that a corporation have adopted a written "accountable plan" in order to deduct expense reimbursements. The plan...

In a S-Corporation where there are 4-equal owners, in a voting situation where there is a 2-2 tie, who or how is the tie decided

Shareholder deadlocks are resolved by 1) Shareholder Agreements, 2) Corporate Bylaws for 3) the Court. Corporate officers and directors cannot...

How long should I stay out of California to avoid paying state taxes?

Whether California remains your permanent residence depends on all facts and circumstances of our situation. Do you own real estate in California?...

What is my wife's Liability for my separate taxes or my taxes arrising during the marriage. We have a pretty tight Pre Nup.

The IRS tends to believe, based on their experience, that spouses typically comingle there assets which voids the prenup. Did you keep joint bank...

What is the average ballpark cost to incorporate an s-corp in DE?

I agree with attorney Murillo. You should seek a consult with a business attorney with the specifics of your business situation. Good...

A member to an LLC has a "membership interest." Unless the operating agreement of the LLC provides otherwise (e.g. right of first refusal), a...

Confused about forming an LLC or INC(c-corporation)

I agree with attorney Kolsyn. Your questions are too involved for AVVO. You need to consult with professionals that can provide you with advice in...

My father recently transferred his shares to me but the company hasnt sent out new certificates. Its been MONTHS.

You clearly need to consult with a business attorney to determine your rights, and communicate with the attorneys representing the corp in order to...

It is not unusual in a small company for a corporate officer to hear more than one hat. You need to check with a labor lawyer to determine if any...

What are the grounds for dissolution of an lp, by one individual?

Assuming that you have a partnership agreement, you need to have the agreement reviewed by a business attorney. The agreement should provide for...