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My corporate accountant copied my email and shared to other shareholders and non-shareholders, is that legal?
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Answered on July 13, 2013
Your question turns on whether he is your accountant or the company's accountant. If he is the company's accountant then he answers to the...
Archived
Corporation become sister company of LLC
Uri's answer
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Answered on July 13, 2013
Yes, you need to enter into a shareholder agreement also known as a buy-sell agreement that addresses your respective rights and responsibilities...
Archived
I need to incorporate an S corporation in california
Uri's answer
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Answered on July 05, 2013
1. Yes, you should incorporate.
2. Yes, an S Corp is probably your best best initially until you grow and bring in investors/outside capital. ...
Archived
Consequences of buying a house with my boyfriend if we break up
Uri's answer
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Answered on July 02, 2013
The answer will turn on whether the property were to be considered community property or separate property. The California Civil Code defines...
Archived
How do I pay a foreign company a fee and be able to send them a 1099 so they incur the proceeds for tax?
Uri's answer
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Answered on July 02, 2013
You should engage an experienced CPA or accountant to assist you in filling out Form 1042-S since it can be somewhat confusing, especially the...
I lent money to a business owner. He signed a UCC financing statement to secure his business assets as collateral,
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Answered on July 02, 2013
Article 9 of the Uniform Commercial Code prescribes a statutory framework governing the foreclosure process for security interests in personal...
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Archived
How to structure the corporation/llc to buy franchise
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Answered on July 02, 2013
Either a Corporate or LLC structure would work. Keep in mind, however, that an S Corp may not have more than one class of stock, entity...
Archived
A settlement document consisting of signatures for a corporation was signed however the name and signature is not the same.
Uri's answer
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Answered on July 01, 2013
Given the critical nature of this document, its better to be safe than sorry. Insist that the settlement document be revised to reflect the...
Archived
I have an s-corp and have a corp-to-corp contract with a company. I wasn't able to collect my last 3 invoices. What should I do?
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Answered on July 01, 2013
There are two different types of bankruptcy that are available to corporations -- Chapter 11 (reorganization) and Chapter 7 (liquidation and...
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Archived
Can one equal shareholder in an s corp transfer her shares to the other shareholder so there is only one shareholder?
Uri's answer
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Answered on July 01, 2013
Yes, subject to any restrictions found in the articles, bylaws or any shareholder/buy-sell agreements, you should be able to effect the transfer...