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Recent Sole Proprietor questions

In order for a design & engineering business to be recorded

In order for a design & engineering business to be recorded by the board for professional engineers one of the owners has to be a licensed engineer. The engineer would have to be the sole proprietor, or if the business is being run by 2, a partnership.As a sole proprietor, we never registered the business, but now that a partnership is being proposed, will the business need to be registered?

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Richard - Bizlaw

Juris Doctor

10,924 satisfied customers
If I am starting a food business in New York for sale and

If I am starting a food business in New York for sale and distribution what kind of company should I file for? Sole proprietor,llc or S corp

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Marc Esq USA

Attorney at Law

JD

420 satisfied customers
If an individual has a sole proprietorship and the IRS has a

If an individual has a sole proprietorship and the IRS has a tax levy that they refuse to take off, can that individual quit and the company hire his son?

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P. Simmons

Attorney

Doctoral Degree

37,478 satisfied customers
I am trying to enter into agreement with a company for

I am trying to enter into agreement with a company for consulting services. They want to pay me in a retain form. Tonight they said that I must be a corporation in order for them to contract with me. They said it could be an LLC, a PC, a PA, or INC. and that it didn't matter.My question is this: Which is the EASIEST to do and what is required?. I have always been a sole proprietor filing a Schedule C under my personal social security number.Thank you.

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TJ, Esq.

Juris Doctor (JD)

11,628 satisfied customers
I am looking for tax law advice, but couldn't find a

Hello, I am looking for tax law advice , but couldn't find a listing.I recently had an IRS representative drop a card off saying I need to call such persons about my tax and use. I filled for tax exempt status this year and owe about $987 in tax for taxes charged in NC this year. I only have a few customers in NC, which is the state I reside in, majority of sales are in other states. I purchase my items from CA and they are sent directly to those customers in the other states as well as NC. Am I only liable for the customers that reside in NC for the tax and use? Also if I don't get a 1099 from clients outside the state am I legally liable for that income received? Next, if at the end of the year I show a lose, due I still owe for the taxes charged, think I know the answer to that ,but just checking?Thank you

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RayAnswers

Lawyer

Doctoral Degree

40,458 satisfied customers
This question is regarding workers comp. I'm a sole prop. I

This question is regarding workers comp. I'm a sole prop. I cancelled my workers comp as of 11/01/2016 and got a policy with a much better rate. The old company is auditing me for the most recent year, but also the year before. Can they do that. Shouldn't they have audited me for that year a year ago. Even though I had the insurance, I didn't have any employees that year. I had employees the year before and kept the insurance because I planned on hiring, but I never did. Now they are going through my check register and they are going to make me pay workers comp every time I got cash at an ATM. I'm a sole prop with no employees then. I never thought I'd get screwed for just taking money out of my account. Is there anything I can do?

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Law Educator, Esq.

Attorney At Law

Doctoral Degree

114,380 satisfied customers
Support, I'm (currently) a sole proprietor with DBA. How do

Hi Support, I'm (currently) a sole proprietor with DBA. How do I legally sign contracts, is it "(Name) d/b/a (DBA Name)" or some other format? Thanks in advance, **********************

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Ely

Counselor at Law

Juris Doctor

68,166 satisfied customers
Basic Info: I have a sole proprietor business with an EIN

Basic Info:I have a sole proprietor business with an EIN number and Colorado Sales Tax License under the name of “Silent Tree Studios”.In January, I am going to form an LLC “under a different name” than I currently have for the sole proprietor business above.I want to maintain the original sole proprietor business name (Silent Tree Studios) as a dba under the NEW LLC that I'll be forming in January which will have a different name.Question: What is the best way to handle the change over of the sales tax license from the original sole proprietor business (Silent Tree Studios) to the new LLC?I don't want to have the sales tax license under Silent Tree Studios, but I want to continue using the name (as a separate entity “dba”) under the new LLC and have the new LLC be the unbrella company that pays all sales tax and income taxes with the State Of Colorado.Example XYZ Company with its own EIN is the parent company, AND Silent Tree Studios is one aspect of the business as a dba under XYZ.I don't want to close Silent Tree Studios. I still want to use the name, but I have some confusion as to what is the best way to set all of this up. For instance, what do I do with the original EIN and sales tax license of Silent Tree Studios? I don't want to have two sales tax licenses, and I don't want to have two EIN numbers.How do I transfer everything over so it is uniform with the State of Colorado?

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Richard - Bizlaw

Juris Doctor

10,924 satisfied customers
Term disability insurance do they insure gross income or net

Long term disability insurance do they insure gross income or net if a person is a sole proprietor.

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Law Educator, Esq.

Attorney At Law

Doctoral Degree

114,380 satisfied customers
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