Can a holding company in Alaska own all of the shares of an California registered S Corp and do 1 tax return ?

Only if the Alaska corp is also an S Corp. FEEDBACK: Both AVVO and other readers are interested in your feedback on the quality of the answers. ...

What type of corp can a psychologist and psychiatrist form jointly?

I think you have correctly analyzed the limitations: As a psychologist you are not permitted to form a single 50/50 corp with an M.D., although...

Suspended Medical Corporation

Dissolving a corp is a mini-bankruptcy if it is done right. You must file notice of dissolution, notify all the creditors and list all the...

Tax exemption for Intellectual Property to qualified 501c3 organizations.

Without researching it, I agree that the measure of the deduction would be fair market value, whether for software or data. Fair market value is...

Mr. Goldenburg has given a good answer. I would just add that, unless you are contributing more capital, you will have a capitalization of $200. ...

Does a corporate incorporator retain any powers after shares are issued?

Ordinarily the Minutes of the first meeting of the board of directors reflect the resignation of the incorporator. Usually the incorporator is an...

I am splitting from by business partner. I want to continue the business. I want to buy him out. We are in debt for $8000.00

As a partner you have a fiduciary duty to your partner, the highest duty. You must fully disclose to him your plans ot continue the business on...

How much liability protection does putting a two-owner aircraft into an LLC provide?

You are misguided as to the extent of liability. What happens if your aircraft is flown into a skyscraper or an oil refinery? Even a light plane...

IRS for my single manager managed LLC?

I respectfully disagree with Mr. Fromm's answer. He rather spectacularly challenges all three prior answers on the technicality that the IRS does...

Yes, but it sounds as if you expect to be able to defer income by causing payments to go to the trust or the LLC. You can’t. IRS will apply the...