Archived
How to form an LLC in Texas (a community property state) with my spouse and an unrelated person.
Tamim's answer
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Answered on December 11, 2016
Texas is a community property state; and you are correct in that a capital contribution from community funds will likely result in a partnership...
Selected as the best answer
Archived
I setup an LLC 4 years ago and cannot pay two business credit cards. Can I declare bankruptcy and not effect personal credit?
Tamim's answer
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Answered on December 11, 2016
The threshold issue is whether you were a cosignor on the debt and/or if you gave a personal guarantee as to the obligation. If you cosign on a...
Archived
Can I have two businesses under one LLC?
Tamim's answer
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Answered on December 11, 2016
If you each form an LLC for your own business, this will likely be the best option. An LLC with one member is known as a single member LLC (SMLLC)....
Archived
Do I have a case against a competitor who has used baseball bat name for his recent bat that I have been using for a long time?
Tamim's answer
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Answered on December 10, 2016
I agree with Mr. Doland's response.
I would only add that the threshold issue is whether your mark can even be considered a trademark.
Just to...
Archived
What is needed in order to operate a non for profit in a different state?
Tamim's answer
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Answered on December 10, 2016
Qualifying your nonprofit to do business outside of the state in which it was incorporated is a state-by-state process. Each state has particular...
Archived
How do I ask someone to not use a domain that I have the trademark to?
Tamim's answer
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Answered on December 10, 2016
If your trademark protects a specific class of goods/service and the domain name is being used for a similar class of goods/service you may have a...
Can an active duty service member be a part of an LLC?
Tamim's answer
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Answered on December 10, 2016
Generally speaking, an active duty military member can be a partner in an LLC. This should not present a problem when forming the LLC. However,...
Archived
As a resident of California, i want to register my business in another state. Will this cause issues with taxes ?
Tamim's answer
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Answered on December 09, 2016
The answer to the easy question first. Using your home address as the business address doesn't appear to present a problem–unless you live inside...
Archived
What tax code should we use for a LLC company?
Tamim's answer
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Answered on December 09, 2016
If you file an LLC as a single member the default tax treatment requires you to file taxes as if you were a sole proprietorship (meaning you simply...
Archived
I want to cancel my LLC. Can I get out of paying the mandatory $800?
Tamim's answer
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Answered on December 09, 2016
Did you mean February 2016 instead of February 2015?
If you formed in Feb 2015, it's too late and you owe the franchise tax fee.
But if you...
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