I have some outstanding personal income tax liabilities in NY. I want to start a new business, as an S-Corporation.

Yes indirectly. The shares will be a personal asset of yours. So the tax authorities can levy on the shares and thereby get at the assets of the...

Understanding the Federal Gift Tax????

Gift taxes are payable only by the donor, never by the donee. No income tax is payable by the donee, as it is a gift, not income. Two sources of...

Im relitivley new to the buisiness world anf im looking to start a landscaping company how do I go about getting incorporated

Your first decision is whether you need to be incorporated. If you are doing landscaping, you are at some risk. So after you buy liability...

I recently filed several fictitious business names and now want to consolidate!

Maybe. The purpose of the dba filing is "to protect those dealing with individuals or partnerships doing business under a fictitious name." They...

Do I need to file a DBA "Doing Business As" or fictitious name after approval of my LLC?

The purpose of the dba filing is "to protect those dealing with individuals or partnerships doing business under a fictitious name." An LLC is...

Will a corporation dissolve on it's own? Are you personally responsible for every year that wasn't filed?

I have known lawyers who advise clients to let the corp "die on the vine," by just ignoring the tax notices. The state will suspend its corp...

Judgment Collections on Individual and Small Business

Q:Can they demand depositions or interrogatories to determine assets, values and locations? A: Yes. More likely a "debtor's examination" where...

To change the name you can either amend the Articles of Organization or use a fictitious name (commonly a "dba") by publication. The business...

I have a confidentiality and non competition agreement and after few days accepted a offer from other consultancy,

Two parts: Noncompetition: Not favored by courts as stated above. What you can do. Define the business done by each entity. Do they compete...

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What is involved in setting up a non-profit business and getting funding, as well as what to avoid ?

Most lawyers do not do, or know how to do, charitable fundraising. We can advise you on legal requirements, but not on getting funding. There are...