I am his father and I would be the owner.How many business' are in the name of one who doesn't toil at the site, but owns and operates the business by proxy or otherwise?
This is perfectly legitimate.
Say he runs over a child on his way to work. I'd be responsible for that?
If he was driving a company vehicle, yes. The company (you) would be liable for damages.
What if he cut a deal with the accountant to do some creative bookkeeping?
If it was company fund, yes.
After an unforeseen audit all that mess would land on me?
Entirely. You would be liable and enjoy the IRS audit of your personal taxes too.
You came here asking advice... you have been warned, even if it could have been more diplomatic
, with the correct information.
He has asked that I help him with his business license to be in name only, as they will not issue it to him.
This is why you garnered the response. Your son wants you to get a business licence and you would only be part of the business in
NAME ONLY.
I am his father and I would be the owner.
No, according to what your son wants, you would only be the owner in name only.
So yes, you would be helping a convicted felon circumvent the law - committing fraud.
I have the urge to help him but I don't really want to sacrifice myself at the legal alter in so doing.[/quote[
Bottom line - you would be sacrificing yourself at the legal alter in doing so.
To qualify to become a licensed contractor you must be 18 years of age or older and have the experience and skills necessary to manage the daily activities of a construction business, including field supervision. Or, you must be represented by someone else with the necessary experience and skills, who serves as your qualifying individual.
Your son does not qualify - as he is not licenced.
The contractor or other person who will act as the qualifying individual must have had, within the ten years immediately before the filing of the application, at least four full years of experience at a journey level, or as a foreman, supervisor, or contractor in the classification for which he or she is applying. The experience claimed on the applica- tion must be verifiable and individuals who have knowledge of the experience must certify the accuracy of the experience information provided by the applicant (page 3
of the application).
Taken from the California Contractors State Licence Board... although I did NOT see any reason why your son should be denied a licence. It seems it could be at the discretion of the board dependent on what his conviction was for.