Am I responsible for paying my deceased husband's small business loan through our estate?

You need to take the papers to a business attorney for review. A clear answer cannot be given without reviewing the documens that you were...

I want to set up a different division of my corporation that will have it's own checking account. What is involved.

You should also document the creation of the division in your corporate minutes.

We seem to have a conflict of interest the President is also the Treasury can that happen.

Is this a profit or non-profit entity?

What ramifications, if any, could there be for e-filing a joint tax return without consent from your spouse?

Your post is not making sense to me. If your wife is filing returns without your consent and was not working, how is she getting such large refunds...

My business partner decided to "quit", just after we got our S-Corp registered. How do we transfer his share of ownership to me?

In California, stock cannot be issued for no consideration. The issuance of the stock to the both of you was therefore void. HIre an attorney to...

Owe back taxes

You might want to increase your payments to reduce your penalties and interest on the unpaid tax. Phillip M. Smith Jr. Los Angeles Tax &...

2 of 3 officers resign during first year of business. No common stock has been issued either. Do we need to file for rescission?

A corporation must be dissolved in order to terminate its existence. There is no such thing as a "rescission." The dissolution must be documented...

You have a fiduciary duty to your partners. You would breach that duty if you diluted their interest in violation of the operating agreement. In...

What can I do?????

Did you apply for unemployment? Apply. This may trigger an EDD audit of the company. Have you filed a labor claim with the California Dept. of...

What does a partnership lawyer do

Partnership law and partneship taxation are two connected issues that an attorney that advises in partnership law should know.In the current...