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Recent Sole Proprietorship questions

Is it better to set up a business as a sole proprietorship

Is it better to set up a business as a sole proprietorship or llc or s or c Corp? I will be the only employee/owner. Which is better for tax purposes?

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Kim Courtney

Principal Attorney

Master's Degree

3,998 satisfied customers
I need a second option. I opened a blog on my life living

I need a second option.I opened a blog for awareness on my life living with Fibromyalgia. I am going to start selling apparel on my website. My question is, what is the best way for me to incorporate my new venture. I've read that a nonprofit is never really own by one person it's actually never owned by anyone. It's managed by the board members, etc. The funds I use to open this venture with never be recuperated because it will stay on the nonprofit or donated to another nonprofit is dissolved.This is a story on my life and I obviously want to make money. I eventually want to open a non-profit. To provide services for the fibro community, help with grants to pay for treatments or medication, help with support groups and a support hotline, raise awareness and funds to help with research etc. But, I have already opened my blog and started branding my name and myself, just haven't incorporated yet because I'm not sure which way to go. Thank you.

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Gerald, Esq

Juris Doctor

5,154 satisfied customers
I entered into a Contract w/Sears replacement of an HVAC

Hi, I entered into a Contract w/Sears for a replacement of an HVAC system in my condo unit. I had been calling and emailing Sears to get the Sub Contractors name, and necessary lic. and insur. info to my Mananging Agency, so that they could review everything before the install. I was stonewalled at every phone, email to info. as to what the Contractos name was, if the documents were being sent to my managing agency(in which they had confirmed via email to me that Sears has not yet notified them nor sent the info.) Sears would only confirm that the installation was still on and that a Paul would be calling me-- Well Paul didn't call, but his insur. agency didto find out where to send the insur. info. for Paul--the DAY BEFORE the installation ! I gave the woman the info. about my Managing Agency, and didn't hear anything more until the next day.Paul came to my house the day of the installation with two other people with him to help install. I finally saw his license and since he was late in sending it, His license was for a Sole Proprietorship, and he did not have Workers Comp. insurance. After My condo reviewed his paperwork ON THE DAY OF INSTALLATIOM they rejected him from coming to work in my unit, and he and his workers left without coming into my apt. nor doing any type of work, or leaving any equip. Also I found out that Paul did not file an HVAC Permit at my local Town Hall.I called Sears back and they told me that the equipment was installed, according to their computer-- I said it was not---I did not sign for anything, and I called all of the Managers involved. I have a finance agreement with Sears without a deposit, so no money was paid, and no services were rendered. I sent a cancellation of the contract to a fax number they finally gave me(after the 3 day grace period) as I do not want anything more to do with Sears do to being stalled, and lied to.Now, they are refusing to cancel me, and are trying to offer all kinds of concessions, which I do not want. What are my rights, as now I have been stonewalled again to hear from Headquarters, before I can be released of my contract, which I believe I have a case of Fundamental Breach of Contract, since their contractor was not properly insured and did not file a permit to do the work.Thanks very much, ***@******.***

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Maverick

Doctoral Degree

6,392 satisfied customers
Home Insurance vs. Business Insurance.. Recently I

Home Insurance vs. Business Insurance.. Recently I purchased a vehicle for business purposes through my company, ABC, LLC. ( S-Corp) single member (Myself as the only member). What is the difference advantages/disadvantages of insuring the vehicle through me personally vs. through ABC, LLC in a liability perspective? NOTE: Some of my employees may drive the business vehicle at different times. I do get a significant discount insuring the business vehicle through me personally due to a multi policy disc

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CalAttorney2

Attorney

Doctoral Degree

19,506 satisfied customers
I was part of a prayer chain and was second in command. The

Hi, I was part of a prayer chain and was second in command. The gentleman that was over it recently passed. He didn't leave any documentation listing me as the next one in line to take it over and continue the organization. Is there any legal way for me to continue leading this organization and not have just anyone try to come and take it over?

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Dimitry K., Esq.

Attorney at Law

Doctoral Degree

46,548 satisfied customers
In Illinois, if I register a DBA Gen'l Prtnrship of 3

In Illinois, if I register a DBA for a Gen'l Prtnrship of 3 Partnrs 2 in one IL County; and 1 non-redsident alien (citizen and resident of a foreign nation in Africa). do all 3 have to sign with the clerk in that county? The foreign prtnr will not be doing any business in this county. The 2 prtnrs in this county will be doing business in multiple counties in the US (not only in IL) and abroad.

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Ray

Lawyer

Doctoral Degree

35,266 satisfied customers
As a sole proprietorship business owner that owns the business

As a sole proprietorship business owner that owns the business property that the business operates from and that is married whose wife is also on the property's ownership, can the state fill a business related liens on a jointly ownership property that the wife had no relationship with the business other than through marriage?

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Irwin Law

Juris Doctor JD

8,480 satisfied customers
My "corporation" (sole proprietor) which has been recorded

My "corporation" (sole proprietor) which has been recorded as a d/b/a has been sued in small claims court. I failed to appear pending the filling out of a "fact information sheet" to determine the business's assets. If the corporation has no assets but the d/b/a does, do I fill it out as the corporation or as the d/b/a? This is in the State of Florida

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Law Educator, Esq.

Attorney At Law

Doctoral Degree

106,786 satisfied customers
My 82 yr old mother-in-law t a motorcyclist and he lost s

My 82 yr old mother-in-law hit a motorcyclist and he lost his leg. She was at fault and received citation. My husband is owner of car (he bought it for her but never transferred ownership). Mother has nothing, owns nothing, lives with us. Other than a car, my husband owns nothing in his name alone. My name on 2 properties and I own (by marriage) half of our business. The injured is preparing to take legal action, understandably, because injuries are greater than insurance policy and because my husband is owner of car it looks like it will be after him as well.Can we, my husband and myself, take a hit from this even though I have nothing to do with the situation at all and my name is ***** ***** we own?Debbie

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Lucy, Esq.

Juris Doctor

29,942 satisfied customers
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