I purchased a Utility Trailer 6 days ago for $937. I never used it.

Nothing. When you buy goods, you've bought them. No refunds unless the dealer expressly promises to accept a return with refund, which he...

When starting a home business should I set up a LLC or Sole proprietorship or both?

MORE. On your last sentence: Yes ;you can set up an LLC with yourself as the sole member, that is, owner (not as the "sole proprietor"). IRS...

When starting a home business should I set up a LLC or Sole proprietorship or both?

Whether to incorporate (forming an LLC or an S Corp) is a question only you can answer. It is a tradeoff between (1) limiting your personal...

You must also consider the Corporate Securities Law of California and possibly the federal securities law. Is the new “partner” going to be a...

I want to dissolve my business and transfer the inventory to my husbands business without cost.

Since you are married and both operating as sole proprietorships, you are free to transfer the assets without tax. There is no tax on transfers...

2 out of 3 partners wants out of an S corp . The "majority" does not want to buy us out. We have no buy out agreement.

"Know when to walk away . . . and know when to run." This sounds like it is time to run. If you are having this kind of trouble in the first 30...

What happens in an S-Corp when 2 out of 3 partners want out of a failing business with unpaid rent, loans and consultant debt?

Not a bankruptcy lawyer, but I can tell you that outside of BK, each partner is "jointly and severally" liable for the bank debt and probably the...

Are there ways to shield yourself & your business from creditors, suits, bk's, etc. of a business you have % of ownership in?

In simplest terms: If the other business is an LLC or a corp, then you and your business are protected from the liabilities of that business as...

I would like to open a one man show trading (buying and selling goods) company as a second job. should i file a SP or LLC? Thx

Whether to incorporate (forming an LLC or an S Corp) is a question only you can answer. It is a tradeoff between (1) limiting your personal...

How can I structure an ownership interest in a clients business?

See my answer to your prior question. It sounds like you don't really want to put anything into this deal. Why aren't you willing to ride with...