Corporations
Do I have to form a PLLC or an LLC for my medical practice in New York?
I am a clinical Social worker. I know I don't need to incorporate to practice independently; however, I want to incorporate. My question if I choose to incorporate my practice is it required in New York State to incorporate as a PLLC or can I incorporate as a LLC legally and provide my professional services?
What is the difference between a PLLC and an LLC?
I'm starting a start up Financial Advisory firm and want to know just the basic difference between setting it up as a LLC versus a PLLC? Which is better and why? Just the basics.
How do I change the name of my LLC?
I have an LLC named Hyperformance Paintball LLC. We started by writing software for the paintball industry but want to expand to web pages and custom software. How do I change the name of the LLC? We want to keep hyperformance paintball as a 'division' name, just not the offical name of the company.
Does my daughter need a tax ID to get sponsored by large companies
My daughter is 13. She has a few large companies interested in Sponsoring her in her equestrian sport. she is willing to acknowledge them by displaying their logos on polos, trailer, etc.... Does she need a tax ID? A special account? Can these companies get a tax break for marketing, since she is not a charity or non-profit? We have already prepared a cover letter, proposal and a budget. Now what?
Can I file bankruptcy on an S Corporation as CEO and 50% shareholder without partners permission?
I have a California S corp that is currently $750,000 in debt. I have a partner and 50% shares. I am CEO and want to file bankruptcy because all the loans have been called due immediately. We have no corp assets and no money. The building (partner owns) is going into foreclosure (doors have been closed since last July). Can I file bankruptcy as the CEO without my partner's approval? He wants to try to continue the business and I don't because we don't have any access to any more working capital. My partner (50% shares) does not want to file Chapter 7 bankruptcy. I have filed personal bankruptcy Ch 7. as the loans required personal guarantee. Can I resign as CEO before the partner can rack up more interest charges, penalties etc. If so, what do I do with my 50% stock, as he may not want it because he wants me to stay with the company that is a sinking ship.