Audit/Ammended Return

Well, first of all, commuting to and from your work is in most cases not deductible mileage, so your employer's letter saying that they do not...

First of all, I agree with my colleagues: since you already have an attorney, you should either take his advice or hire a new one. It appears...

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You actually should attach a certified resolution, as silly as that sounds. Fortunately, it's a simple matter -- a one-page resolution signed and...

If your husband was the sole member of the LLC during its entire existence, and he did not make an election for the LLC to be taxed as a...

I live in Southern California. I am planning to start a small insurance business as LLC in Southern CA. Which state is the

One issue I did not notice my colleagues mention is that California law prohibits an LLC from providing professional services, whether the LLC is...

A capital account is essentially the amount that a partner would receive after liquidating the partnership's assets and paying off all the...

What facts determine whether an LLC should be member-managed or manager- managed? Is putting up money active management?

The investor is a member, yes. Having contributed capital to the LLC, he's considered a member. The two of you can now decide whether your LLC...

If you are sure the operating agreement was never executed, then your partner cannot unilaterally terminate your interest in the LLC. That doesn't...

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Although I agree completely with the above answers, if the corporation is actually the only member of the LLC, then the LLC is already a...

Transferring ownership of a product made by an LLC to another LLC.

Mr. Jones has given you good advice. The investors should recognize that it is in their interests as much as yours to get the new LLC properly...