An S corporation should work well for you. All corporations are born C Corps you have to file IRS for 2553 to make it an S corp. GOOD LUCK.

You need to study the laws of Washington state. They have some very tough anti prostitution laws and in them they address escorts. My feeling is...

I have an abstract against a company that is now out of business in Dallas.

Do you know the name of the owner? Look him up on one of the seach engine people locators if you can find him you have a chance. However, if you...

My Grandfather in law is a sole proprietor of a small company. He sells irrigation clips.He wants us to take over the business.

You could set up anenetity, not so cheap, or just use a dba and transfer the bank accounts, contracts, etc. Using an entity will be cleaned because...

Son, abducts elderly mom from home 13 days after mom's reverse mortgage funded. Blows the money. Mom left with no recourse?

YOU NEED A LAWYER, NOW. This sounds like a job for the police or possibly the FBI. You have financial and physical elder abuse. Breach of Fidcuiary...

Are shareholders exempt from Worker's Comp in CA?

Nancy J Wallace Workers' Compensation Lawyer - San Bernardino, CA. AVVO CONTRIBUTOR answered this question in a prior post I could do no beter than...

Cosigned for a vehicle for my granddaughter in SC. Title is my name OR her name with my name listed first due to loan.

I would suggest two things one call the department of moter vehicle in NJ and ask them what they will accept. Or sign a declaration under penalty...

I was recently named trustee/beneficiary of mother's estate. Do I need to go through court for anything?

If all of your mothers's assets are in her trust then you avoid probate court. If ther are a few minor assets left outside lookmto New York's small...

Does responsible parties auto insurance have to provide a rental of similar or like vehicle? What should I be reimbursed for?

You might want to sue these persons in small claims court, there are substantial differences and uses that can be made of a van and a sedan. I...

Aside from embezzlement (I'm assuming here), what other charges will the co-founder A face?

There are a number of business torts as well as defalcation, civil embezzelment. There could also be tax questions that would need to be answered...

Selected as the best answer