I have a case where a parent company holds three LLCs under
Hi,I have a case where a parent company holds three LLCs under its roof. Each LLC has a separate FEIN number and the responsible party for each LLC is the corporate parent company. Moreover, each LLC is fully owed by the parent corporation and the operating agreement also mentions that the income and expenses flow to the parent company.My question: When we file the parent corporation tax return, should we file a consolidate tax return that includes the parent corporation and the three LLCs on it?Or,Do we file spate tax returns for the parent corporation and the LLCs? (all together one 1120 and three 1065). Or, there is no need to file 1065 since each LLC is a single member LLC owed by the corporation?Could you please clarify.Thanks!
A marketing company refers customers to a parent company.
A marketing company refers customers to a parent company. The marketing company receives a referral fee for referring customers. The referral fee is a portion of the purchase price. The parent company gives the customer a rebate as a security. The marketing fee and rebate given are two separate transactions on the same purchase. The marketing company is not an agent of the parent company in the issuance of the rebate/security. The marketing company deals in referrals to become a customer. Is the marketing company required to register as a securities dealer?
I'm starting a film production company with my brother and I
I'm starting a film production company with my brother and I want to know if I should go with C Corp., S Corp., or LLC? Considering that I will be creating an LLC for every film I produce under the umbrella of my production company.
I have couple websites and vanity phone numbers tied to
I have couple websites and vanity phone numbers tied to those websites. I have a S corp which is a professional services business. I want to operate the websites as part of the S corp, instead of setting up a separate companies for each of websites. For doing that do I have to register DBAs for each of the websites I am going to operate under S corp? or just mention on those websites that they are " website/vanity is operating business of --- my S corp" .What does " operating business of XXXX" mean? does it have separate entity for each operating business/website or it is just reporting to parent company for all revenue and expenses under the operating unit tab?
I'm the owner of a LLC in Delaware, where I do have a Registered
I'm the owner of a LLC in Delaware, where I do have a Registered Agent. My issue is I want to start another LLC IN Florida for an online business, where the LLC in Delaware is the parent company. How do I go about properly filling out form Link: DANGEROUS URL REMOVED
At my previous company, I developed the specifications for
At my previous company, I developed the specifications for an educational product and oversaw the work associated with the development of the product. The client for whom this product was being developed was the parent company of the company I was working for. Because of the parent company/subsidiary relationship, a contract was never written in regard to the work that was being done and, therefore, there is no formal language in regard to who ultimately owns the specifications.Everyone who worked on this project has either left the company or been terminated. The parent company wants to continue to develop the product, but the subsidiary lacks the expertise to do the work. Since I originally developed the specifications, the parent company has approached me and inquired about whether or not I would be interested in starting my own company to continue to develop this product for them. My question is-- would I be putting myself in a position to be sued by the subsidiary and, if so, would I be culpable for "stealing" their proprietary information? Or could I argue that the parent company owns the specifications since they paid for their development and that they would ultimately be "loaning" them to me so that I could continue to develop their product?
OK I ask the question at the bottom of this text and you
OK I ask the question at the bottom of this text and you answered it yesterday with a quick and clear answer. Now to get a little further clarity.1.When opening a checking account and buying a business License, I take it I should us the parent company Fed. tax id when opening a checking account and purchasing a business license for the subsidiary.2. On the signage and other documents I print. Do I have to by law, publish that such and such company is a subsidiary of the Parent company?Thanks for you help and see the below question of the original question ask yesterday.I own a couple of corporations and presently opening a manufacturing facility. I want the mfg. facility to be a subsidiary of one of my corporations. I am located in the state of Ga.Do I have to file any special paper work for a company with a different name to be a subsidiary of the parent corp.in the state of Ga?
I own a couple of corporations and presently opening a
I own a couple of corporations and presently opening a manufacturing facility. I want the mfg. facility to be a subsidiary of one of my corporations. I am located in the state of Ga.Do I have to file any special paper work for a company with a different name to be a subsidiary of the parent corp.in the state of Ga?