Recent content by prometheus399

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    Easy LLC Tax Question

    My tax experience is a bit dated but there used to be a set of guidelines issued by the IRS to help taxpayers with the tricky definition of an employee. The definition seemed to turn on the degree of control you exercised over the timing and manner in which they executed their duties. The...
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    Joint Liabilities, California

    I thought this would be a pretty simple question but apparently not. I cannot find anything that addresses the issue. Under California law what are the consequences of one spouse incurring liabilties and then not being able to meet her obligation under them? For example, if the couple own...
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    Does my spouse have the right to my inheritance in the event of divorce?

    If you live in a communitty property state I thought the law was very clear on this: separate property (the inheritence) remained separate and would not be part of any divorce settlement (unless you comingled the separate property with community property to the point that they were...
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    Joint Liabilities, California

    My wife is currently exploring the possibility of acquiring a business or starting a successor business after her current employer closes later next year. To this end she is considering taking out a substantial bank loan, signing a lease for office space, and signing contracts with customers...
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