Does establishing an LLC, then electing S-Corp for tax purposes mean that the LLC now must follow S Corp rules and regulations?

If you are a sole owner it makes no difference and there is no need to elect S corp status, you are taxed the same way, flow through to your...

When dissolving our LLC, which partner gets to keep our shared business instagram account?

There is most definitely a value and you can seek out a business valuator even for this type of business. Your partnership-operating agreement...

Most definitely, it would need to be a well laid out calculation so the arbitrator has a supportable basis to award your damages. You wouldn't...

Dear Warrenville, lots of things can be done; you have lots of options and alternatives, but your situation is fact dependent, so you would...

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I would like to get some information on franchise agreement .

Dear Modesto, there are definitely options, including potentially violations of law by your franchisor which will give you leverage on negotiating...

Can an investment account not allow me access to my own money?

I agree with my colleagues, something is missing here that you may not be aware of. Get specifically from the bank what their documentation is,...

Is this an example of embezzlement?

I hate to tell you this but you probably need to see a divorce attorney right away. She is probably planning a separation even if you weren't even...

How do I calculate when 10 days is up for a cancellation of non payment on my Auto Insurance Policy

Why are they refusing to reinstate? Most companies will. especially that close.

Does every boat owner can transport people and charge this service?

Legally NO the boat operator can not operate a commercial boat taxi without proper registrations, certifications and insurance. If this is a friend...

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Tour company lost our important documents and properties on the highway and never intended to solve the problem

I would demand to talk to their legal department and their insurance department. In writing. Copy the President of the Company and everyone else...