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Partnered with company so they could handle the day to day and we both contributed a profit sector of business that was existing.
Took 4 months to get a company bank account while I continued to work out of our previous bank account.
5-6 P&L statements (that are inaccurate) in 2 years.
Send copies of K-1 filings to myself and said had submitted on my behalf. Contact with IRS is no filings for the company PERIOD over last 2 years to date.
Inability to drive business decisions based on timely and accurate numbers cost a lot. Earnings taken from majority surely way off.
I contributed $100,000 initial capital which was supposed to be replaced by majority but never was.
They had a duty to provided me with proper accounting and to file taxes. Either ignorance, stupidity or fraud!