LLC and State Income Tax Question

A resident of California owes taxes to the State of CA on all his income regardless of source. Many people are misled by corporations services...

Your fellow shareholder (not “partner”) is suing you in the name of the corp, which is called a “derivative action” because it is derived from the...

Can i go to jail for a fine that the company I work for did not pay?

This does not seem right, that you could be arrested for your employer’s violation. Nevertheless, if a bench warrant has been issued, you can be...

Can finance company force a GPS after the sale?

Several AVVO posters have had similar requests from dealers after failure of financing—that the car be brought back to the dealer on some pretext. ...

One of the few cases where the veil was pierced in CA was the Automotriz case, where they had issued no shares. You are setting yourself up for a...

On your facts, the lawyer's advice above is correct and your accountant is wrong, since you never made a distribution to yourself. But others...

How many days do I have after the cancellation of lease is signed ?

Why do you ask us to guess what your Agmt says? We can’t answer Q’s about an Agmt without seeing the Agmt. You must read it and see what it says...

This is a mistake. It misrepresents the nature of your business entity. What did you tell the bank to put on the account? They had no business...

Contract law

Have you asked them for the rest of the contract (on the back)? It’s hard to advise you without seeing what they think the contract is. ...

Date of Incorporation Question for non-profit organization

If you truly want to separate and not be an affiliate any more, you must do that and more. You may need to get the consent of your current parent...