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I have a small one person S Corp. Let us look at two stages
I have a small one person S Corp. Let us look at two stages of the company Stage 1 and Stage 2.During Stage 2, I have been very good at making sure that nothing was done that could cause piercing the … read more
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I am a partner in a small physical therapy clinic where I
I am a partner in a small physical therapy clinic where I own 30% and my partner owns 70%. We are setup as an S-Corp. We have had several differences of opinion on managing the clinic and inter-person… read more
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I want to know if there is a way for me not to pay the NY Workers
I want to know if there is a way for me not to pay the NY Workers Comp Board. I am told I owe money as the owner because I never opted out of not having workers comp for myself as the owner. I was usi… read more
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Can I be sued by the property owner after I sign a settlement
Can I be sued by the property owner after I sign a settlement agreement with his insurance company in the state of Indiana?… read more
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Hello! Could you compare S corp vs LLC? My business is a
Hello! Could you compare S corp vs LLC? My business is a roofing repair contractor. Which one is better in terms of Tax and Protection? Thank you!… read more
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With replacement cost homeowners insurance I have been led to believe that it is difficult to get the recoverable depreciation portion of the claim if you do the work yourself. A general contractor ca… read more
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Hi, I have a question about forming a new company. Im
Hi, I have a question about forming a new company. I'm going to form a solar energy company in California. I do not want to form an LLC because the insurance is too high. What company would you recomm… read more
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i am involed in a roofing company and I hold the contractors
i am involed in a roofing company and I hold the contractors license am i responsible for a person who gets injured if i am just overseeing the job what am i held responsible for… read more
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We have a small service business with an average of 10 employees.
We have a small service business with an average of 10 employees. We have been in business for 30 years. We are set up as a sole prorietor under my husbands name. We want to incorporate, probably a C … read more
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Single and multi-member LLCs that are not electing S or C status must pay self-employment tax.... what is S and C status? How can my painting and gutter cleaning beneift by electing these statuses? Wh… read more
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I started an online business in Florida selling an oyster opener
I started an online business in Florida selling an oyster opener drill in 2010 and incorporated in Florida. Can I be sued personally for injuries from using my products or does incorporating protect m… read more
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I have an S corp and I only have one employee - me. I am considering
I have an S corp and I only have one employee - me. I am considering hiring an assistant for 25 hours per week. I hope to increase to 35-45 hours per week within 6 months._which benefits is an employe… read more
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I have a MA S Corp. I am the President, Secretary, etc. I
I have a MA S Corp. I am the President, Secretary, etc. I do not think its possible to be protected from all lawsuits, financial threats, etc. I know small corps can be pierced. I do not want to lose … read more
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I have a sole Proprietor business, a limousine svc in NJ. Drivers come with their GPS units, suit/jackets/uniforms. We give them work based on the time they give us that they are available, when we ha… read more
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i am a silent partner in a used car dealership in MIssissippi.
i am a silent partner in a used car dealership in MIssissippi. I own 39% of the company. It is an S corp. I have NO day to day responsibilites and the person running the biz owns 25%. He just called m… read more
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I purchased a family business from my father in Jan. 07. I
I purchased a family business from my father in Jan. 07. I recently was served papers that I am being sued for an unpaid workers comp. bill that dates back to 99'-06'. The insurance company claims tha… read more
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I owe audit money for workers comp from 06/07 years and a small amount ftom 07/08 I have been paying on bill as best as i could I have tried to explain to them why I am having diffaculties paying now … read more
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I am setting up a property management business in CA. Since
I am setting up a property management business in CA. Since I don't have a re broker licenses (I have a salesperson's license) I will need to have a broker to work under. Should I set up a corporation… read more
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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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