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I recently started my own social science research company.
I recently started my own social science research company. So far, it is just me. I have recently been registered with SAM and have a CAGE number, so I can bid on contracts, apply for grants, and do business with the federal government. This process takes awhile, and most researchers either work for an agency with this access, or if they are alone, they are very limited to individual grant postings. My proposed business model is to invite other research scientists to work with me, and use my SAM and Grants.gov access. I add them as authorized users to my SAM and Grants.gov accounts, and they in turn share a percentage of their grants with my company.My question is, is this legal? Can I contract with other researchers, allow them to use my access, and contract for a percentage of their awarded funds? What would such a legal contract look like? Would I need a business lawyer to write such contracts?
Attorney At Law
Doctor of Law w/ highest honors
Does my business need to file excise or sales taxes? We
Does my business need to file excise or sales taxes?We provide refueling services to consumers vehicles as a service, however the fuel is purchased directly from local gas stations which means that taxes are already included in the purchase price correct?
Our business has been under court ordered receivership
Our business has been under court ordered receivership for six months because of a partnership dispute. The goal is appraise the true value of the business and then force our partner to buy or sell the business to or from us. It's a famous "mom & pop" in New York City. The problem is with the General Manager that is operating the restaurant. He is a "friend" of the receiver. We and our partner have not drawn a salary since January in an effort to pay up back taxes so that we could renew the lease that is expiring in five months! The GM is having unnecessary repairs done by his "friends", inflating the bills and paying them CASH! He bought three of the same calculators for $70.00 each,didn't like them and threw them away? He has installed $2300,00 worth of Apple computer system, purchased from a "friend" which itemized through Apple should have cost $18,000.00 and presented an invoice with the name of a company that was not on the internet or phone directory. I called and it was a furniture company. We discovered that he created the invoice on his computer! He purchased four thousand dollars worth of used cameras from another "friend" that are not necessary and do not work half the time, probably with another bogus invoice. I did an online background check on him with three different companies and he was arrested for selling CDS, resisting arrest four times back in the nineties. Who is responsible for bonding this guy? I have asked my lawyers several times for a copy of it and they keep "forgetting" to get it for me. He brags about doing drugs and drinking, sexually harassed a waitress and then gave her a $100.00 check from the corp. for doing extra work. (she went to staples). She and all of our staff HATE this foul mouthed loser. We complained to the judge, but all she wants to know is that the business is improving. She told us to speak to the receiver. The receiver and GM are friends. They frequent the same bar. Oh, did I mention that he hired a "friends" son to help teach the new computer system and one of the staff caught him inhaling "whippet" in our office! Luckily, he had his cell phone in his hand and video it. We don't know what to do. The judge is a friend of the receiver, the receiver a friend of the GM whacko. Our staff is keeping us informed and our son was the GM so he is keeping an eye out for us, or should I say, he is watching this derelict destroy our business and rob us blind. He has alienated our life time venders, switched to cheap products and brought in a bum off the streets and paid him eighty dollars today to take pictures off the wall so that a painter could prep and paint the office. We have our own maintenance staff available. We are Never going to get a profit sharing or pay check with the way this guy is wasting money. Do you think we should hire a private detective to prove to a judge that this man is an incompetent, drug using, thief. I know I have to prove this before I say it in a court. My lawyers are basically saying that we have to "suck this up". Easy for them to say, they are not going bankrupt with legal fees and living on SS. There son is also not watching some loser rob and squander their parents livelihood blind. Help us Please!
I'm bringing on a new partner to my S-Corp to have 30%
I'm bringing on a new partner to my S-Corp to have 30% stake in the company. Currently, I own 70%, and the company owns 30%. We'd like to change it to the company = 10%; new partner = 30%; and I = 60%. Is there an easy way to accomplish this? Do I need to sell him 10%, and then have the company sell him 20%? Or is there a method to just do one transaction for him?
I am planning to register a start up company to resell some
I am planning to register a start up company to resell some American merchandise to China. And I am wondering how can I avoid the TAX as much as I can. I searched online and find something called Oversea (BVI or cayman islands) Two-level Structure and Price Transfer, as Apple Inc. applied. But I think I need much more details to make it 100% legal. Could you please tell me more about the Avoid Tax oversea and walk me step by step to register the company with the two-level structure. Thank you very much.
Please direct question ONLY to: GWarren Customer Advocate
Please direct question ONLY to: ***** ***** Advocate (JustAnswer member attorney)My question is similar to one you answered for someone else.I am one of two partners in a LLC founded in 2014 and that converted to a Sub-S for tax filing purposes last year.My partners separate corporation provided contract labor to our LLC and we had a signed agreement as to amount. He later claimed that he should recoup a substantially higher amount which he said he was out-of-pocket for for higher salaries he said he actually paid to the two staffers because they put in significantly more time than anticipated. For several reasons, while we agreed to a provisional amount to be further negotiated and agreed upon, that agreement has not yet been reached due to various points of disagreement over the amounts he actually paid out (he refused to permit our CPA to audit his payroll to confirm amount owed since it was posed as "recoupment") and because I discovered that he had diverted at least three opportunities from the LLC to his separate business.Because of the loss of our major client who did not renew their annual contract as of a few weeks ago, he began to be concerned that the business might fail and he might never collect and began pushing hard for the "debt" (payables) to be paid immediately out of what was left in the bank and the last of the incoming A/R. Because of my findings above and his failure to provide documents that he had agreed to provide to me in a phone consult with myself and an attorney (who unfortunately is currently out of the country), and other issues, my response to his proposals to collect on the receivable was that he needed to provide the promised documentation and to account for the opportunities that were diverted first which he justified regarding the first two and denied in the last instance.I just discovered that on this last Friday he cleaned out most of the cash in the bank (thousands of dollars) which will make it impossible to meet our payroll tax obligations or to fund officer salaries (his and mine). He is an authorized signer on the bank account but I handle the banking, A/P, A/R and payroll as Treasurer. I not only did not authorize this transaction but I was clear, and in writing several times, what the requirements were that he needed to meet in order for a decision to be made on a settlement amount of the payable.What are possible causes of action? If this makes it impossible for the business to continue, or for me to continue in the business, are these damages?
I lost in a lawsuit whereas I am a named party to the suitView more business law questions
I lost in a lawsuit whereas I am a named party to the suit corporate wise and individually - were file a appeal but I cannot afford an appeal bond therefore a writ of execution was issued on May 19 2016 so it wont be long before a constable office notifies me I have x amount of days to pay or they will show up to take corporate property or personal property now my question is what is excempt property that can not be taking if I cannot pay the judgementCS1