- Succession Planning - Non Insurance Considerations July 25th, 2011
- Buy Sell Planning Part 2 July 18th, 2011
- Buy Sell Basics July 11th, 2011
- LLC - Maintaining Your LLC March 14th, 2011
- LLCs Offer Flexible and Broad Uses November 14th, 2010
- Business and Estate Planning 2010Columbia Bank Seminar April 29th, 2010
- Closely Held Business Planning July 23rd, 2009
- Valuation Tips July 23rd, 2008
- Estate and Family Business Litigation July 23rd, 2008
- Buyouts and Business Succession Planning July 18th, 2008
- Qualified Joint Ventures July 16th, 2008
- Business Perm File July 16th, 2008
- S Corporations July 3rd, 2008
- Restructuring or Starting a New Business: Costs Incurred July 1st, 2008
- Partnership agreements (recent development) June 23rd, 2008
- Private Annuity June 23rd, 2008
- Dissolved Corporations June 23rd, 2008
- S Corporation Basis June 23rd, 2008
- employer buyouts checklist June 23rd, 2008
- Business Pay Caps June 23rd, 2008
- FLP by Estoppal June 23rd, 2008
- Employer Buy-Outs August 14th, 2007
- Family Business Heir August 14th, 2007
- FLP/LLC Audit August 14th, 2007
- Piercing the Corporate Veil August 6th, 2007
- Non-Compete Agreements August 6th, 2007
- Limited Liability Companies and Self Employment Tax July 2nd, 2007
- Planning for Solo Professionals July 2nd, 2007
- Confidentiality Agreement May 21st, 2007
- Copyright Notice June 11th, 2006
- Succession Planning for the Family Business June 11th, 2006
Business Tips
Business Audio
- Selected Partnership Income Tax Issues (40:36) September 23rd, 2007
- Accounting Malpractice (4:14) August 12th, 2007
- Business Succession Planning (5:41) May 9th, 2007
- Shareholder Agreement for S Corporation - Overview (12:12) June 11th, 2006
- Introduction to Business Planning (5:39) June 11th, 2006
Business Videos
- Estate and Family Business Litigation July 14th, 2006
- Valuation Tips June 30th, 2006
Business Forms
- Property Management Consulting Agreement Short Sample Form December 17th, 2009
- Consulting Agreement for Inventor - Sample December 17th, 2009
- Sample Short Form Consulting Agreement December 17th, 2009
- Sample Short Consulting Agreement December 17th, 2009
- Bill of Sale to Transfer Personal Property to a New Business LLC August 6th, 2007
- Request for Entity Information August 6th, 2007
- Sample Loan to or from Your Business June 26th, 2006
- Sample Corporate Minutes June 26th, 2006
- Sample Assignment of Interest June 26th, 2006
- Corporate and Business Data Summary June 26th, 2006
- Checklist: Probate and Estate Administration June 26th, 2006
- Checklist: Preprobate Administration Procedures June 26th, 2006
- Basic Business Interests June 26th, 2006
- Assignment of Logo June 26th, 2006
- Loan Note June 11th, 2006
- LLC Formation Agreement June 11th, 2006
- Employment Agreement June 11th, 2006
- Sample Corporate Minutes June 11th, 2006
- Sample Consulting Agreement June 11th, 2006
- Operating Agreement For One LLC Member June 11th, 2006
- Deferred Compensation Agreement June 11th, 2006
- Sample Bill of Sale for Personal Property June 11th, 2006
- Termination of Business Certificate June 11th, 2006
- S Corp Shareholders' Agreement June 11th, 2006
- Photo/Image Release & Permission June 11th, 2006
Business Question & Answers
dba. d/b/a, Fictitious name, assumed name
June 11th, 2009
Why do businesses use "dba's?" And what is the benefit of using a dba? Read the Answer…
Audit for LLCs
February 8th, 2009
Who does the auditing for LLCs? When is it mandatory? What are the cases that will require LLCs to be audited? Read the Answer…
LLC decision making/governance
July 17th, 2007
My family is a 28% owners of shares in a real estate limited partnership that is now an LLC. Can some of our partners bind the LLC in a home equity loan without our consent if the underlying partnership agreement requires unanimity on all partnership decisions? Read the Answer…
LLC Information
June 21st, 2007
LLC Book: I need to know if Martin Shenkman has any books on LLCs. Read the Answer…
Buy a business
June 20th, 2007
Lease Assignment: I want to buy business but the assignment is not approved by the landlord. The seller suggest the the other solution that is selling voting trust and I will be a trustee. What is advantage and disadvantage for me? Read the Answer…
FLP Distributions
June 5th, 2007
FLP Distributions: Your recent Planning Potpourri column in the Practical Planner newsletter mentioned the need to have pro rata distributions. My FLP has such distributions of net income but the drawings are unequal. Does that create an audit danger? Read the Answer…
LLC Partnership
May 8th, 2007
What are the tax implications of having an LLC partnership in State X? Read the Answer…
Accused of Stealing
February 21st, 2007
When I left my company, I was accused in a letter from their lawyers of stealing a hard drive. I was also accused of stealing parts from the company and running a side business with them. I didn't steal anything. What can I do to clear my name. Read the Answer…
LLC
October 25th, 2006
I HAVE FORMED A LLC IN JUST MY NAME NOW I WANT TO CHANGE IT TO A CORPORATION AND ADD 2 PARTNERS? DO I LEAVE IT AS AN LLC. WHICH ONE PROTECTS ME FROM LIABILITY THE BEST? Read the Answer…
Notice of claim
October 9th, 2006
I am pursuing legal action against my employer for breach of contract. I need a form to write a letter of intent to sue. Read the Answer…
Federal Pure Trust or Business Trust
September 21st, 2006
Is a Business Trust of Federal Pure Trust, used for conducting business, subject to Federal Income Tax. Read the Answer…
Corporation with same name
August 7th, 2006
ABC Condo Association, Inc. is a non-profit corporation of the state of BIG-STATE [no specific names, states, or advice, sorry]. Our By laws state this and were filed/recorded in XYZ County on DATE. Another condo project, with in few blocks and in the same town is being built and using the same name. Does our Inc., and legal filing prevent them from using our "ABC Condo" name? Read the Answer…
Business Investment: deception and fraud
August 6th, 2006
If a business owner asked someone to be a business partner and invest 13,000.00 into the company but did not have the powers to do this and accepted the money and stopped paying the employee, Does the employee have a case? Read the Answer…
Family Limited Partnership Termination
August 3rd, 2006
What are the tax consequences to terminating a defective family limited partnership. Can the tax cost be minimized. How do you terminate a family limited partnership. Read the Answer…
Changing lawyers.
August 3rd, 2006
What steps must be taken to change from one law firm to a new one? Read the Answer…
Mobile Home Note
December 7th, 2005
I took a note on a mobile home loan and the owners are not paying. What action do I need to take to repossess the mobile home? Read the Answer…
LLC or Trust for business
October 17th, 2005
I am being pressured by a certified estate planner to establish a "limited liability trust" so that I won't be taxed so heavily. My business earns about $400,000 per year, and I claim most of that as personal income. I am sure I need to make some changes, but the information the planner is giving me just sounds too good to be true. He suggests that I establish the trust, give myself a $25,000 salary and end up paying about 10% income tax...my suspicions are high. Read the Answer…
Family Company
October 9th, 2005
What are the requirements for the formation of a family company and a limited liabilty company in State X, United States? Read the Answer…
LCC vs C-Corp
October 3rd, 2005
What are some basic advantages of starting a LLC verses incorporating? Read the Answer…
LLCs versus FLPS?
September 18th, 2005
How do I compare limited liability companies and family limited partnerships to decide which to use? Read the Answer…
Contract Arbitration
August 2nd, 2005
Is contract arbitration a good idea, or should I reject the possibility of giving up (as en employee) my right for litigation? Does, or can, arbitration protect me as well as litigation does? Or is it mostly for my boss' convenience? What are the pros and cons of resolving disputes in arbitration for a business? Read the Answer…
Employee of a Business
June 14th, 2005
My mother is setting up a sole proprietorship business. Mom wants my sister and I to do work for her. Within a few months we will get a share of the earnings in lieu of a paycheck. For every $100 earned it will be divided between 4 people. how will this work with taxes. is it considered payroll and how does the business list it. Mom is considering us partners. Is this a dividend? I just bought a house and don't want to loose it by not recording income properly. Read the Answer…
Limited Liability Company: Officers
June 8th, 2005
We intend to start a member managed LLC, all of us will manage the company. Do we still necessarily need to designate officers like President. Secretary etc? 2. Self-Employment Tax is a very fuzzy issue! I understand that you have to pay Self Employ Tax under these circumstances: a. If a member works for more than 500 hours b. If a member has authority to sign or bind LLC in contract? etc etc. Now one of the members will any ways have to sign the legal contrats etc, Does that mean that atleast that member will have to pay self employment taxes? Read the Answer…
Work Place Harassment
May 8th, 2005
Any state and/or federal statutes regarding work place non sexual harassment by supervisors? Read the Answer…
LLC Ran From Home Office
March 3rd, 2005
Is a home residence can be an acceptable location to run an LLC from? Read the Answer…
Mortgage Interest on Mobile Home
February 24th, 2005
My wife and I are sole shareholders of a corporation which exists solely to hold title to a mobile home. If we wish to deduct interest from the mortgage on that mobile home from our personal income taxes, will we have to make a subchapter S election or could we simply include the mortgage interest on a personal income tax return since we are personally and solely responsible for the payment of the loan? Read the Answer…
Approval of Transfer of Membership form for LLC
January 28th, 2005
We have a LLC, and would like to put it into our recovable living trust, So far I have come to the answer that a form "Approval of Transfer of Membership" has to be completed. Do you have these forms? and is this correct procedure. Read the Answer…
Suing an LLC
December 7th, 2004
Can a limited liability company be sued and what would be the consequences of such action? Read the Answer…
Forming Entity in Different State
August 21st, 2004
For a NY or NJ person what do you think about forming entities in either Delaware or Nevada as opposed to the home state of NY or NJ? Read the Answer…
Family LLC Exit Strategy
August 10th, 2004
I am 3.08% part owner of a Family LLC [limited liability company] that owns property. I want to get out of it. Am I able to? I live in State X. What are the laws on this? Read the Answer…
Withdrawal from LLC
July 10th, 2004
I formed a LLC with other two individuals about a month ago. Now I decided to withdraw from the LLC. The other two individuals will remain as members in the LLC and continue to operate the business. What steps should I take to formally withdraw from the LLC? I used my SS# on the SS-4 form when the LLC applied for the federal employer identification number. How would I switch it to one of the remaining member's ID#? Read the Answer…
Terminating a corporation
June 10th, 2004
My lawyer said I have to terminate a corporation that is no longer used. What is involved? Read the Answer…
Definition of some Employment Termination Terms.
May 23rd, 2004
What is a termination for cause provision in an employment agreement Read the Answer…
LLC Withdrawal
April 11th, 2004
I formed an LLC partnership in STATE X with my business partner last year. While we have drafts, we do not actually have a signed operating agreement. At this time I would like to withdraw from the LLC but my partner is not in agreement. What am I legally bound to do for withdrawal in terms of putting something in writing? Read the Answer…
