Get free answers to your Business Formation legal questions from lawyers in your area.
Llc or Corp? I have a personal job that pays 1099 what is better for me to form when doing taxes?
answered on Aug 30, 2018
So long as your corporation is an S Corp, there is no real practical difference with respect to taxes between that and an LLC. The profits and losses of the business flow through to your personal tax return in either instance. But there might be other considerations which favor one form of entity... View More 
I’m in New York by the way. Hello, so so to make a long story short. A few months ago I bought a business (restaurant) and it’s a 3 man partnership. I was added on to the LLC. now Can I sell my part of the share without the permission of my other of my other 2 businesses partners? And also my... View More
answered on Aug 27, 2018
The governance of LLCs is determined only partially by state law, but primarily by the LLC Operating Agreement which hopefully your LLC has and hopefully you signed. That agreement should detail both the responsibilities and duties of the officers as well as the options and requirement for... View More
Are there any provisions like Singapore, Australia & UK for company directors to file an alternate contact address, in place of their actual residential address?
Pls advise, thank you.
answered on Aug 27, 2018
A director does not make a public filing except in a public company. So I am unsure why this is an issue.
Hello Everyone i just went and file for my LLC what i want to know next is do i need a business license after i receive my LLC or i can just get my E.i.n instead im abit confused also im a single member ill be working alone
answered on Aug 8, 2018
Just get your EIN. Some business require certain licenses, but there is no general business license required if you are a corporation.
Hi. I'm trying to get into real estate investing and am setting up a website in that effort. My County Clerk's website says that if I am conducting business in the county under a name other than my own, I have to file a DBA. Does a website name, though (as well as a Facebook business... View More
answered on Jul 12, 2018
A d/b/a is something you get from the Secretary of State. Doing a real estate business in your own name is not the best plan.
The company's main strategy would be buying properties at auction and reselling them at market value. I want to offer friends and associates (not professional investors nor high net-worth individuals) the opportunity to invest $50,000 in my company in return for a 2.5% equity in the company... View More
answered on Jul 9, 2018
As loans are governed by credit ratings, and a bankruptcy will appear on your credit report and lower your credit score, the answer is yes.
I am an artist. I create paintings, I do customizations, and also design merchandise and apparel related to my art. I want all of these entities of my work to operate under one brand, named after myself, as subsidiaries.
answered on Jul 1, 2018
It sounds like you are currently operating as a sole proprietor, where there is no legal separation between you and your business. Your first step might be to form a separate legal entity, such as a single member LLC, with its own tax ID number and bank account for all of your business activities... View More
Hi,
me and my partner we’ve registered c corporation about 2 months ago.
We were developing the website for 8 months, I did the whole work, created the system, had a vision and the most of ideas. He was paying for everything and did nothing. I was working for his other company... View More
The company I paid for business training turned out to be a scam.
answered on May 20, 2018
No. Your LLC will just be deactivated by the Secretary of State. If you got a tax ID number, make sure to void it with the IRS and New York State.
it myself?
My family has had DBA soul prop.for 40 years. It was to be signed over to me end of June. No longer makes sense for it to stay same type of business. my mom Is emotionally unstable and liar. She is claiming she cannot sign corp over to me. She must end it. That it can't be signed over to me to... View More
answered on May 13, 2018
It can be assigned to you, but there needs to be a formal assignment. You have no inherent right to it.
business without changing the name?
answered on Apr 7, 2018
It depends. Try and register and see what happens. If New York State accepts it, you are OK on registration. Then, there might be a trademark issue.
answered on Mar 1, 2018
No asset is free from liability if a judgment is entered against someone personally.
My Corporation signed agreement with client to pay fraction of actual cost for an app, website, etc...by providing Corporation 15% partnership. Client failed to fulfill the obligation in many ways, and offered to buy me out. I need a letter that does the following:
1) After payment is... View More
answered on Jan 18, 2018
I don’t see a question here it seems that you need to hire an attorney to represent you, am I correct?
Feel free to call
Sincerely,
Inna Fershteyn
Law Office of Inna Fershteyn and Associates, P.C.
1517 Voorhies Ave, Suite 400
Brooklyn, NY 11235... View More
its a art exhibit with a photographer on site,
answered on Dec 20, 2017
If you are planning to actually film or take photographs then you should check out this site for information on when you need a permit- https://www1.nyc.gov/site/mome/permits/permits.page. If - by referring to a popup- you are planning to start a retail business then you need to possibly form an... View More
answered on Dec 12, 2017
Partnerships can be formal, or implied. Under your scenario, I think partnership is implied. Set up a corporation and do a shareholder agreement to express what your issue is.
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