Incorporating or organizing an LLC would provide liability protection from certain claims against the songwriter (not "tort" claims). Corporations...

Remember that the liability for the $800 state franchise tax is a liability of the LLC and not your own personal liability, but you need to proceed...

The elephants in the room are the businesses, not DBA registrations. Do you want to continue operations? Will you have exposure to high liabilities...

Our hoa did not approve a set of restated bylaws. Is that a problem?

The old bylaws still control. Most statutes defer to conflicting provisions in your bylaws. If any sections in your bylaws violate state law,...

I am buying a business. Target entity Delaware LLC. My company is California S-Corp. Is asset or LLC membership purchase best?

You've thought through a number of issues and alternatives. An attorney will help you spot several more of each. You need counsel before signing...

Yes, you can charge fees to members. Be sure you are clear about whether members are part of the corporate structure (like shareholders without an...

This shareholder can't avoid taxable income by simply giving up the shares, but they could reach an agreement to allocate the income with a buyer. ...

I have learned in the past that some health providers cannot operate under a LLC, is that true if I choose to incorporate in DE?

It sounds like your business will not run into the prohibition against use of LLCs for certain professions. This is not a medical practice, so you...

Does a Corporation provide a larger tax deduction than a LLC for a musician?

An S corp would allow you to take some of your income as distributions (vs. wages) which are not subject to payroll taxes.

What type of corporation its better for real estate partnership?

Usually an LLC makes the most sense. It's tax driven, and your CPA should be able to help you.