In this hypothetical situation, would this be an example of Conversion and Breach of Fiduciary duties?

The short answer to your question is maybe to both provided (a) the bank account was opened and funded with money from the business and (b) the...

Should I hire an employee or independent contractor?

The status of the worker depends on the work he/she will be doing. It sounds like this person should be classified as an employee because he/she...

How to file taxes for an s-corp entity after not filing the previous years?

I moved this to tax because that is what this question is about. You can remedy this situation by hiring an actual CPA (not just a tax preparer)...

Can someone look over a severance agreement real quick?

No attorney is going to read your agreement for free. Many attorneys on this site offer free initial consultations to determine if they can assist...

Can I fight for losses?

I do not see based on what you've stated how you would have a basis for a claim. You were not able to work so they removed you. The reason for...

Ohio LLC Partnership ?

Unless there are large sums of money at issue, the likelihood that his former partner will sue is not great. You would appear not to have much...

Is it legal to fire an employee when they admit to the employer that they have a drug probem and they need help?

Based on what you're saying, it sounds like the termination may be unlawful under the ADA. You should consult with an attorney to determine if you...

Your sick time in CA has to be paid out. It is not lost. The old company would need to pay it prior to them going out of business. It should be...

The IRS is not going to assist you. This is an issue between you and the CPA. You can bring this to the CPA's attention and tell them they owe...

Do I need to give equity to classmates who worked on a school project, if only 2/6 of us are pursuing the idea after school?

I agree with my colleagues. Simply because it was a school project does not mean you owe your classmates nothing for their participation. I would...