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How does an S corporation revoke shareholders shares? NC,

How does an S corporation revoke shareholders shares?JA: What state are you in? And have you consulted a local attorney?Customer: NC, yes I have, he advised I have an official audit done on the company (embezzlement). I've spoken with several CPA'S, they don't do those type of audits.JA: Has anything been officially filed? If so, what?Customer: NoJA: Anything else you want the lawyer to know before I connect you?Customer: I own 50%, my father owns 25%, my mother owns 25% (the shareholder that is embezzling money)

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Richard - Bizlaw

Juris Doctor

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I have a publicly traded (OTC: Pink) company domiciled in

I have a publicly traded (OTC: Pink) company domiciled in Nevada. I want to merge it with a private company in domiciled in Wisconsin with the private company becoming the majority shareholder of the public company. Can this be closed as a direct/statutory merger without having to dissolve the NV corporation; and losing the publicly traded aspect of the Parent in the process? Or, can the re-domicile be completed in some way as a continuance of the NV company?

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Richard - Bizlaw

Juris Doctor

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I need to get up and running quickly. I only have so much

I need to get up and running quickly. I only have so much saved without additional income. That being said, South Carolina has a 35 day processing 25 expedited. This is much longer than some of the other states such as Nevada and Delaware. I want all income to flow through a corporation. As well as I want the protection of a corporation for a couple of the websites I will be launching. Suggestion

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CalAttorney2

Attorney

Doctoral Degree

20,240 satisfied customers
I have been looking into forming my llc in Nevada. My

I have been looking into forming my llc in Nevada. My business plan is for consulting and acquisitions. I am launching my business through the internet. I am going to have a website set up as a blog and a place to share numerous spreadsheets and strategies along with an appointment generator. Additionally and building a couple websites for the purpose of affiliate marketing. All the websites I plan to fall under the one llc, and at any point one takes off with more substantial revenue I would create an llc for that particular site. I also plan on acquiring some established affiliate and marketing websites. I reside in South Carolina, and will be operating the business by myself until the point I feel the need to employee other people. I have also considered having a profit sharing partner at some point, but not an owner. The long term plan is to create a consulting organization and to build teams. For this to take place I will want to be able to show potential investors that my model works so I can get the funds to grow the organization. Regardless I look to do much of the consulting remotely. My questions are would Nevada be a good state to form an llc based on the information I have provided you. If so, will forming in another state create any issues when I go to establish a business checking account, this of course after establishing a registered agent and obtaining a federal ein. I have also looked into having office space, would I have to register in South Carolina if Office space is used?

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CalAttorney2

Attorney

Doctoral Degree

20,240 satisfied customers
I'm planning on converting my NY C corp to a CA S corp. What

I'm planning on converting my NY C corp to a CA S corp. What are the steps I'll need to do in NY to accomplish this?

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Richard - Bizlaw

Juris Doctor

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Small 501c3 corporation, with valuable websites wants to

small 501c3 corporation, with valuable websites wants to know how to keep the websites built by it up indefinitely without continuing to solicit funds or do further charitable work.should it just keep filing returns and basically stop work? Will IRS accept a rather passive 501c3.

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Ely

Counselor at Law

Juris Doctor

64,594 satisfied customers
I am starting my own business. I plan to do business

I am starting my own business. I plan to do business consulting and building a website and blog as a catalyst for the business. I have also purchased two other sites than I plan to launch as affiliate marketing sites. I may additionally purchase an established site through auction. My plan was to establish an LLC as a Consulting & Acquisitions group and have the sites and consulting all part of one unified group. If one site produced significantly I would look to establish it as its own operating entity. Currently I am establishing this by myself, but have a business plan to grow and potentially hire employees. For now I will just outsource to freelancers. Will a basic LLC suffice in establishing this business.

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Ely

Counselor at Law

Juris Doctor

64,594 satisfied customers
Can my construction corporation be sued for not

Can my construction corporation be sued for not corresponding the right way when an employee got injured, even though I as the owner wasn't aware of the injury?

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P. Simmons

Attorney

Doctoral Degree

35,712 satisfied customers
UNDER MASSACHUSETTS LAW: In a closed corp - all family

UNDER MASSACHUSETTS LAW:In a closed corp - all family members (5) ..... can the majority shareholder :force the minority shareholders to sell their stock to him?decide to reduce the shareholder disbursements and hold in reserve without a valid corporate purpose ?

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Richard - Bizlaw

Juris Doctor

9,824 satisfied customers
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