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I usually get a decent bonus ( like $20k) on top of my base

hello - so I usually get a decent bonus ( like $20k) on top of my base salary and get hammered on taxes come April. I usually have to pay $15-$20k in taxes. I wanted to ne smarter this year. In addition to my job I started a food formulation company and have a couple of retail products in the works that I made in my kitchen and will produce with a contract kitchen outside my home. My question is I have a back shed that I'm thinking about turning into a dedicated kitchen for this formulation business (not production). Construction could start this month...but I don't know if I have the money to complete the kitchen before the end of the year. Can the construction costs incurred in 2016 be used as expenditures, or depreciated as a a capital asset if the unit is not up and operating in 2016?

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Richard - Bizlaw

Juris Doctor

10,302 satisfied customers
I run a non-profit that accepts in-kind donations of

I run a non-profit that accepts in-kind donations of intellectual property, digital and business assets (i.e. websites, online platforms, apps, etc). We then secure grants/donations to develop those assets into socially impactful technologies (i.e. FinTech for economic development, EdTech for helping students learn easier, etc).Once we develop a technology, we don't typically have the capacity to run/operate it at a large scale. Is it possible to sell/license that technology exclusively back to the original in-kind donor in exchange for equity in their business or some kind of fee?

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INFOLAWYER

Attorney

Juris Doctor.

38,474 satisfied customers
I need a quick legal advice regarding a Master Distributor

HiJA: Hi. How can we be of help?Customer: I need a quick legal advice regarding a Master Distributor Agreement between a company in TX, USA and my company in UAE/Dubai. we have singed the exclusive agreement with the supplier in the USA to grant the exclusivity of distribution and selling their product in the UAE market, but recently we found out that the seller is providing same range of products to pone of our competitior in Dubai! this have affected our business and we have informed the supplier about this since we thought that our competitor is importing the products through another distributor in the regionJA: Has anything been filed or reported?Customer: what would be the best legal action to take against the supplier?JA: Anything else you want the lawyer to know before I connect you?Customer: no thank you

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David Stewart

Vice President Legal Affairs

Juris Doctor

384 satisfied customers
How do you have to file an answer to an amended complaint

How long do you have to file an answer to an amended complaint when the summons was received on19 September 2016? Is the time extended when an amended complaint is filed?

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Damien Bosco

Attorney

Doctoral Degree

3,676 satisfied customers
We had a rental agreement that included 'exclusive use' of a

We had a rental agreement that included 'exclusive use' of a part of that space. We did not end up with exclusivity. Are we justified in not paying the final invoice?

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Law Educator, Esq.

Attorney At Law

Doctoral Degree

110,922 satisfied customers
I am a construction contractor. A disgruntled former

I am a construction contractor. A disgruntled former employee has filed papers to form an LLC doing the same work and using a name one digit different from my LLC name. This will cause confusion among my present clients and contacts. How can I oppose this application?JA: Can you tell me what state the LLC is registered in?Customer: ColoradoJA: Has anything been officially filed? If so, what?Customer: Yes the formal application to form LLC and approve the nameJA: Anything else you want the lawyer to know before I connect you?Customer: well...my LLC name is***** and his application is for KABuilders LLC

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Irwin Law

Juris Doctor JD

9,166 satisfied customers
I have three questions: 1) If a US citizen receives a gift

I have three questions:1) If a US citizen receives a gift from a non US citizen relative, will the receiver of the property have to pay income tax on the gift?2) What will be considered the purchase value of the gift (for example a house) if it is sold later?3) Is there a tax on what one receives in an inheritance distribution?

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Phillips Esq.

Attorney

Juris Doctor

19,494 satisfied customers
I have a general partnership (with some investors) in state

I have a general partnership (with some investors) in state of Pennsylvania filed as an LLC.Could I open a factitious name under this and register that as a restricted professional limited liability company or would I need to create a separate new entity?Can a restricted professional limited liability company have partners that are not professional in it, or is this exclusive to members who hold the professional license?

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Damien Bosco

Attorney

Doctoral Degree

3,676 satisfied customers
I am signing a P&S agreement. But there is a clause that

I am signing a P&S agreement. But there is a clause that limits the sellers liability to remedy the title to not more than $2,500. Is that typical?

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Law Educator, Esq.

Attorney At Law

Doctoral Degree

110,922 satisfied customers
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