Unless prohibited by the operating agreement or equivalent, the LLC may distribute assets just as it would cash. There are certainly tax...

Our organization has been a nonprofit 501(c)3 serving Seniors since 1977. We are in need of filing a DBA to change our name.

Changing your name requires a certificate of amendment to be filed with the Texas Secretary of State. Alternatively assumed name can be filed with...

Can you advice me on which state I should register to form a 2 member LLC. I live in Texas and some friends suggested Delaware

You are living and working in Texas. Form it in Texas. Even if you form it in Delaware, you are still operating in Texas and would still need to...

I agree with the other answers, especially about consulting an attorney. Something else to note: it is possible that simultaneously two company...

I want to give a thank you gift to my attorney. Monetary, ethical or any restrictions in Tarrant county?

I agree with the other responses. You might want to consult a tax advisor. If the "gift" exceeds a certain dollar amount and their is a...

Registered Agent position by itself has no standing; just an obligation to notify manager and/or members of anything sent to registered agent. A...

Can I do business in another state?

If you will enter agreements to perform services in those states, then you are doing business in those states and subject to their tax and...

Nonprofit formation 1. Understand all the steps and decide how the organization will function 2. File as a nonprofit corporation with the Texas...

I'm looking to purchase several businesses in the near future. Should I form an umbrella/holding company business?

You probably need an S-Corp from which you personally operate. Whether that same company also serves as a holding corp for other businesses is...

Which business entity is best suitable for us to get best benefits on taxes? Can I be the owner of the company?

It all depends on long term goals and your ultimate exit strategy. Also, the best tax strategy may not be compatible with your visa requirements. ...