I have a 50/50 S-Corp financial adviser firm. I want to remove myself from the S-Corp and start my own firm. Best method?

I agree with my colleagues in recommending that you immediately consult with a business litigation attorney who can assist you with this matter. ...

There are several facets to your question and a proper response requires additional information from you. I believe that the smartest thing you...

Christmas Bonuses

Typically, bonuses are discretionary. Barring any express agreement with the employee, the employer is therefore not obligated to give employees a...

What is the best business structure for a company that plans to do both: e-commerce and charity?

I recommend that you meet with a qualified attorney with experience in the area of nonprofit and business, as there are various issues and laws,...

Yes, you can. I understand that the company does not have an operating agreement and that you do not therefore have a guide regarding...

Corporation Ownership and Partner share

I agree with my colleague, who provided you salient information. I would add that the buy-sell agreement or provision (such as in a limited...

I've had an CA LLC for 3 months, can i cancel and not pay the FTB $800 Tax?

Per the California Franchise Tax Board, LLCs are not subject to the annual tax and fee if they did not conduct any business in California during...

How do I add/remove people from a corporation? Thank you

I am assuming that your brother/business partner resigned from his position as director and possibly officer of the corporation and not that he is...

LLC vs LLC taxed as S-Corp

I would recommend that you consult with your CPA or a tax attorney on this issue. From a general standpoint, assuming that you are referring to an...

Selected as the best answer

Adding an officer to your corporation is an internal process. The board of directors appoint the officers of the corporation and should do so on...