Office lease: Is it crucial (necessary) to hire and include a real estate attorney in the lease negotiation process?

Obviously it depends upon the experience and ability of your broker. It would be better to ask around and find a well respected real estate...

I launched a business in Jan. 2014 but didn't turn it into an LLC until Aug 2014. Should I deduct pre-LLC business expenses?

Given the length of time between when you started the business and the time you formed the LLC, the best thing to do is, as the attorney above...

You probably intend to prepare two separate Schedule C on your tax return. If that is the case, you should split the deduction. Any reasonable...

Can one co-owner of a condo pay 100% of all property taxes and claim deductions at the end of the year?

The matter is not entirely free from doubt, but the fact that your interest in the condo is exposed to a lien for the entire amount due means that...

In a corporation, who "holds" the Corporation Book when there is no actual Corporation Office?

As indicated in the answers above, the party responsible for maintaining the minute book may be specified in the minutes, and if not, they may...

What process do we need to go through for taxes when we hire an employee for a "trial period" and decide not to keep them on?

The tax treatment will be the same as for all other employees. The fact that it was only for a trial period is immaterial. If you had an...

I'm thinking purely best tax benefits. In the the state of CA, is it better to form a S corporation or a LLC?

The short answer is that for most businesses it is an LLC. This is because with an LLC you can, in most cases, remove assets without tax...

How do you file for a California Franchise $800 tax exemption for the first year?

There is an exemption from the minimum franchise tax for the first taxable year of a corporation. This is discussed in the last paragraph (lower...

I am a bookseller. I incorporated in Florida and elected S-Corp status. How do I transfer my collection to the Corporation?

Any form of documentation should suffice. Our office does an actual agreement between the entity and the new member, where the entity accepts the...

Can a majority stockholder of a c corporation have the right not to prosecute an employee?

I suspect that NE law is similar to California, in that this is a determination of the board of directors, as implemented by the officers of the...