Can an LLC become a C corporation years later?

Answer A limited liability company (LLC) has become the most popular way for companies to operate because it limits owners' liability. However, if you decide later to expand your business and add sharehol... Read More »

Top Q&A For: Can an LLC become a C corporation years later

For how many years can the IRS audit a corporation?

In most cases, the Internal Revenue Service (IRS) has up to three years after the date of filing to audit a corporation or individual. If the IRS has evidence that the corporation committed fraud t... Read More »

We own a condo for 17 years the corporation has placed a lien which include 2 months fees high legal fees for payments they said they didnt receive I promptly offer replacementthey won't take it?

You can start unraveling this situation by reading your governing documents. The lien may be an automatic lien against your title, which the association chose to file with the court.If your governi... Read More »

When is a corporation required to register as a foreign corporation doing business in a state?

A corporation is required to register as a foreign corporation doing business in a state when it is actively conducting business in any state other than the state that it was originally registered ... Read More »

Can a Limited Liability Corporation function without insurance and have some sort of contract signed by its client in its place to protect the Corporation?

Yes you should be. Not all general liability forms automatically add additional insureds so you need to check with your subcontractors policy. There is a web site that I have found where artisan co... Read More »