The corporation tag has no wiki summary.
3
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3answers
167 views
Online sales and startup
What is the best way to go about getting more profit and paying less tax when it comes to selling something strictly online?
Say I have a dual citizenship, to Canada and Mexico. And I do all my work ...
3
votes
3answers
179 views
S Corporation taxes if I have a job?
I am about to create an S Corporation for liability and tax purposes, and I wanted to get a general feel for a tax question before asking an attorney or CPA about it.
I have a day job, for which I ...
3
votes
2answers
112 views
If all the employees are non-salaried founders, do we need to send out W2's?
We founded a C-Corp in fall 2012. None of us are taking a salary and there are no salaried employees. Do we need to send out W2's?
2
votes
1answer
73 views
Is a professional accountant required in a federal or a provincial corporation in Canada?
Is a professional accountant required by law to do annual taxes/reports/filings for a federal or a provincial corporation in Canada? I am about to incorporate my company but don't have enough money to ...
2
votes
2answers
65 views
Income Tax + Business
I'm looking into starting a formal business, and need a little help. I currently go to a public university and have a scholarship that is based on the fact that I, personally, don't claim more than ...
2
votes
1answer
121 views
LLC vs Corp - anonymonity of equity partners?
My startup has one or more equity partners that, at this time, prefers to remain anonymous. Does an LLC have any disadvantages over a Corp in this regard? The anonymous will not be on the board if we ...
2
votes
1answer
532 views
Obtaining new EIN after changing status of DBA
I was doing business under a DBA, then I became incorporated.
When I incorporated, I applied for a new EIN - and got one. I have since closed that corporation and now again doing business as a DBA. ...
2
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2answers
496 views
Under what conditions can a C corp authorize new shares?
Under what conditions can a C corp increase the total number of shares authorized?
Board approval? Majority shareholder approval? Unanimous shareholder approval?
2
votes
1answer
101 views
Is an LLC the right legal entity when considering investors in the future?
My partner and I want to open a franchise restaurant. I primarily want to incorporate to protect against random lawsuits. We haven't decided between fully funding ourselves or seeking investors. If we ...
2
votes
2answers
244 views
Tax law change on capital loss from s-corp
I have a small 1 person S-Corporation. The first few years I paid an accountant to do my taxes. I do not have revenues to my company, so I am using turbo tax to do this myself.
Last year I took a ...
2
votes
2answers
88 views
New shareholder class for special dividend?
This is more so theory than plans, and this is the only stack exchange that talks about corporate structure
Is it possible to make a new shareholder class, arbitrarily, solely for the distribution of ...
1
vote
2answers
153 views
What are the benefits of incorporating?
I am interested in starting a company that makes software tools. I looked into incorporating and it looks like it will cost a few hundred dollars if I do everything myself.
From what little ...
1
vote
1answer
65 views
Im incorporating a business in delaware with a registered agent, does it count like a physical location?
Do I get treated the same like any other corp in Delaware? I want to make sure I don't get charged by the state more fees because I'm not from there.
What's the catch as far as taxes and state fees ...
1
vote
2answers
183 views
Does an LLC provide equal liability protection as an S or C corp?
My early stage startup is at the point where we need to form a corporate entity. I've read a lot on the web and here about the advantages and disadvantages of the LLC vs C-Corp (and the tax accounting ...
1
vote
2answers
70 views
Use a law firm to form c corp
Is it necessary to use a law firm to form a Delaware c corp with only 1 owner/shareholder?
Can I just do that myself? even though I live in a different state?
1
vote
1answer
504 views
Difference between stakeholder, stockholder, and shareholder
I want to start a C corp, and I keep coming across the following terms: stakeholder, stockholder, and shareholder. What's the difference between them? I'd appreciate a clear explanation in layman's ...
1
vote
3answers
448 views
LLC vs S Corp for a new business?
I am starting a new business in California and can't decide whether it should be an LLC or S Corp or an LLC as a S Corp. It would be a single person LLC or S Corp (no other shareholders or ...
1
vote
1answer
85 views
Do you send a copy Certificate of Incorporation (Articles of Incorporation) to an interested investor?
Do you think is safe to send a copy of the certificate of corporation (Articles Of Incorporation) to a very interested investor?
I think this investor wants to verify that my startup company is ...
1
vote
1answer
389 views
how to convert a single member llc to a corporation
I'm thinking about registering a single member LLC to simplify tax reporting and costs involved with registration and maintaining a registered business. In the future, I'll need to raise capital and ...
1
vote
2answers
116 views
Questions on running a company on H1B
I'm currently on OPT and will be switching to H1B soon. I want to start a C corp which will function as an online business.
Can my friends who live outside the USA develop the website? They won't ...
1
vote
1answer
147 views
LLC now and C-Corp later?
I am currently working on my startup myself without any income, but looking forward to release it soon in a month or so. By reading through all the Q&A, I was not able to find info on this ...
1
vote
1answer
48 views
How do I dissolve a C Corp?
I haven't used my C Corp, paid any taxes, or done the minutes. I haven't made a dollar or used the corp in any form. It was just a mistake opening the C Corp. I'm scared I have to pay the taxes from ...
1
vote
1answer
69 views
Initial board meeting for single person c-corp
Is it unnecessary to have a board meeting (meeting minutes) when it's just a single person in the newly formed company (Delaware c-corp)?
Should you issue yourself shares immediately upon ...
1
vote
1answer
66 views
How are corportate 'starter' funds taxed, if at all?
When opening up a new corporate bank account, are initial deposits looked at as income, and therefore considered taxable? Or are they counted as 'funding' (or some other term) and therefore considered ...
1
vote
1answer
69 views
US Subsidiary of a foreign company
I'm setting up a US sub of a foreign company to market apps and we decided that the best way to go was to incorporate because of liability, fund-raising and other issues rather then a LLC or ...
1
vote
2answers
70 views
I can't seem to find this answer anywhere regarding LLC
I live in CT but I have office space in NH, where would I register for an LLC? I don't plan on moving there and have employees in NH, so what should I do?
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0answers
126 views
Switching from a Canadian corporation to a Canadian sole-proprietorship
I currently run a Canadian Corporation, but I'm finding taxes (both accounting fees and bookkeeping) a real pain and expense.
I would like to keep the corporation and basically find out how to file a ...
0
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2answers
136 views
Should I register my C Corp in Delaware if I live in Virginia and I'm doing business in Virginia?
I called a CPA in Virginia and he told me it's better to create your C corp in Delaware, because their tax system is so flexible that you don't need to pay for state tax. Is that true? And is it Ok if ...
0
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1answer
120 views
How do I shut down a C-Corp?
I created a C-Corp a year ago thinking that I needed a company when I really never did. I haven't ever done anything with it and haven't heard about it since I created it. I want to shut it down to ...
0
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2answers
212 views
What am I legally allowed to call my 'company'?
I'm a student, and I'm interested in making apps/websites. Thus, I registered for a Student account with App Hub {WP7 dev program.} I also made a website where people can play my HTML5/JS based game.
...
0
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1answer
86 views
What type of business to form to allow 1 person (founder) total control with limited or no liability?
What's the best way to setup a company whereby the founder always has control and the final word no matter how many partners he brings in? What are the disadvantages of the various setups?
0
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1answer
32 views
Dissolve a void c corp in delaware
When the company is no longer doing business -
Is there going to be any consequences if a c corp (delaware) is in void status due to failure to file annual report? would this affect the personal ...
0
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1answer
48 views
Distributing profits when a Joint Venture starts to make money?
My question concerns the tax implications of distributing profits, if and when the hard work pays off.
In my case all of the expenses and income have flowed through my business account (S ...
0
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1answer
45 views
Private company ownership
Is it possible to find out the owners of a private Delaware c-corp? Can company records be retrieved or purchased from the state government? If not the entire list, how about a partial list (>5% ...
0
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1answer
107 views
Do you get penalized if you have a S Corporation company and you don't make any profit in two years?
I heard from someone that if you have a S Corp and you don't make any profit for two years, then you can get penalized for it. Is this true?
0
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1answer
66 views
How do I merge with a new Corp with an older Corp?
I'm incorporating a new c-corp in Delaware with a new co-founder.
So, I want to merge the older new york c-corp because it has all my copyrights and trademarks assigned to it. Also, the New York ...
0
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1answer
202 views
LLC with vesting shares possible?
I'm currently trying to decide if my startup should be an LLC or a Corp. (would probably make the S election for either case). This will be formed in Massachusettes, USA.
From what I've been reading ...
0
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1answer
98 views
Best Structure for Investor Buyout
The company I'm an investor in requires a significant capital infusion, and is trying to find a structure to remove several current investors who are not participating in daily operations of company - ...
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0answers
18 views
Form 1 Corporation for Multiple Small Businesses?
I am currently doing Freelance work as a programmer. I also would like to try a few ideas for some small Drop-shipping style eCommerce websites.
What I am wanting to know, is can I form a single ...
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0answers
12 views
Web Startup: Living in Florida, incorporating in Delaware/Florida? [duplicate]
I am running single owned web startup right now. Its not live yet so that is why I am posting this question. I am currently living in Florida for past 3 years and within next couple of months I will ...
0
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1answer
39 views
What do I need to file on the US side if I want to set up a subsidiary (software development team) in China?
Here is my situation, I'm running a single-person C-Corp in the US. (I'm a US permanent resident). My company is running several content-rich websites (focus on US market), the advertising revenue is ...
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0answers
16 views
Changing a corporation's name in New Hampshire?
My startup (incorporated in New Hampshire) will be changing its name soon. As I understand we will have to file Form 14 with the Secretary of State's office to do this.
However I'm a bit uncertain ...
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0answers
39 views
Unemployment Insurance while starting a corporation?
I've been working at a place for 6 months and now they want me to switch to a contract style position as well as getting me another contract to do a mobile application.
At first the deal seems good ...
0
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3answers
245 views
Catch 22 trying to revive a forfeited corporate charter
Ten years ago I formed an S-Corp in Maryland with myself as the sole shareholder and director. Unfortunately I didn't have a handle on making all the required tax filings and payments, and the ...
-1
votes
3answers
185 views
How to fire my Partner
I started a company in August of 2012 signing up 25 customers as a separate part of a corporation I have had since 2010 and brought in a partner in September. The partner did not put in any money but ...
-3
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0answers
23 views
US Company, tax offshore holdings to shareholders [closed]
in this scenario I have a US C-corp registered in California.
I do business worldwide through a variety of subsidiaries and have amassed a large amount of holdings outside of the united states. ...
