In the context of an S corporation, sweat equity represents the value of a particular shareholder's capital contribution and relative ownership...

Is dividend distribution in a S corporation an individual choice or is it a group distribution with need for a majority vote?

The money that an S corporation pays to its shareholders isn't called a dividend. Regular corporations, also known as C corporations, pay...

Do I have to pay the California LLC $800 minimum tax?

Every LLC that is doing business in California is subject to the $800 annual tax. This includes any LLC that has articles of organization issued by...

How are workplace Prop 65 violations pursued, if at all? My coworkers & I exposed to at least 3 listed chems by another Company.

Please see this site also. https://www.osha.gov/ I hope it may be helpful.

When treating a group of people in a negative way compared to other is that considered discrimination in the legal field?

Please see this as a follow-up: http://www.eeoc.gov/laws/statutes/titlevii.cfm How many employees must a company in California have to be...

My 50/50 partner has mostly abandoned his manager duties and does not contribute money for the company expenses. What can I do?

The terms of your operating agreement should cover issues regarding dissolution; buyouts; and a failure to carry out managerial duties. If not, you...

Can NDA's and non-competes be a stipulation in a contract or do they have to be physically signed as separate documents?

Assuming you a situation where a non-compete is enforceable (i.e. owner v. owner of business) the terms can be in a single contract. Many times...

Does a LLC taxed as S corp have other S corp traits besides the taxation or is everything else about the LLC like a regular LLC?

Hopefully, this comparison may help you: https://www.ftb.ca.gov/Archive/Professionals/Taxnews/2013/June/Article_1.shtml When an LLC May Make...

Can employer fire me and then make me pay back my bonus?

The Fair Labor Standards Act does not require the payment of bonuses, so employees cannot enforce their right to receive a bonus by going to the...

In a case decided in July 2013, entitled Purton v. Marriott International, was decided in a manner supporting liability on the part the employer....