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re: So a C corporation is taxed twice on profit?

Posted on 11/10/14 at 9:32 pm to
Posted by mmcgrath
Indianapolis
Member since Feb 2010
35487 posts
Posted on 11/10/14 at 9:32 pm to
quote:

Already covered. My business partner handled all of that. He has a corporate lawyer and he also is a paralegal himself for corporate/business law.
quote:

Spend a few hundred dollars and get a personal lawyer

I think you missed the point. A corporate lawyer is going to represent the corporation. If you are a meaningful partner in this then you should have interviewed a couple yourself. If your partner handpicked one you can bet they are going to represent your partner more than yourself when push comes to shove.

i was suggesting a personal lawyer to look over the documents to represent your interests and to make sue you have enough liability coverage so you don't lose your house or anything else.
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