I see companies all the time who don't follow up on an investor's representation that they are accredited. The Company runs a big risk of blowing...

Do I have to give him a percentage of the game and if so, what should I do next?

You should get an attorney to draft at minimum a simple agreement that lays out the terms of your verbal agreement. You should definitely make...

You don't have to file anything to start working on upwork.com. However, you will need to file the income on Form 1099 MISC and basically create a...

Can a canadian citizen who's not a US citizen buy or form a S corporation or a LLC? If not what happens with the assets?

Non-U.S. citizens cannot own shares in an S-Corporation. The main reason you would form an S-Corporation is for flow-through taxation. Luckily,...

Incorporated startup raising capital from and issuing stock to friends & family, what is there beyond Regulation D?

Your checklist makes the process seem overly simplistic. Sure, step 1 and 2 don't seem like a very big deal, until you realize in order to file the...

When are law enforcement engage by corporations who discovered accounting irregularities?

If the company finds embezzlement then they might turn the case over to prosecutors. However, often accounting irregularities are resolved civilly...

While I agree with the attorney below that your audit responses could be used against you, it's anybody's guess whether you will be prosecuted...

How to deal with FINRA on a securities matter.

This is a tough situation and something that I'm almost nervous to even opine on in a public forum like this. However, in my experience you can...

Iam an equal 1/3 owner of a new formed NPO. We incorporated as an LLC 2 months ago. Can the other 2 owners make me drug test

Review your company handbook and operating agreement to see if they allow such drug tests.

What should the profit percentage of a financier who is willing t o invest $150K in a startup Restaurant?

The other attorneys are right--but I will add one thing. As an active day-to-day manager of a business there are ways to ensure that the founder...