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Wisconsin.
Thanks in advance for reviewing my post. We have four partners currently. Here's where it's a little weird. All four of us started out the Operating Agreement with our percentages as follows: 30/30/30/10. 3 Months in to the business/OpAgreement the 10% partner decided to leave the...
I have a tough one here. 3 other people an I started a 4 person LLC. last year. Our shared %'s were 30-30-30 & 10. The 10% share guy was "bought out" and removed 6 months ago. The company was by no means profitable at the time and he didn't put forth any effort to grow or maintain the...
What is the name of your state (only U.S. law)? WI
I'm wondering if someone can clear up some tax confusion I have. I am a 50% shareholder of a company in Wisconsin. We have been a S Corp for the past 4 years and any disbursements have been split 2 ways. Our bank account always has a good...
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