Posted by: Masane May 19, 2013
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Don't listen to this BS UGLY IN SARI ...She makes no sense.
If you are being sued by IRS, it will be in a tax court. When is contract a case type? Contract case can be civil or criminal.
A S corp is a citizen of the state its registered in. And the shareholders are just shareholders. And if you the only one in the board or only shareholder you would have to be the representative of the company or an attorney. And anyone from around the world can be a shareholder of a company.
But if you have paid dividend to yourself in the past and co mingled the company funds with your personal one the Judge can pierce the corporate veil, then the person suing the corp can can after you and the benefits given by the entity's status as a corporation won't be available to you...
If you are being sued by IRS, it will be in a tax court. When is contract a case type? Contract case can be civil or criminal.
A S corp is a citizen of the state its registered in. And the shareholders are just shareholders. And if you the only one in the board or only shareholder you would have to be the representative of the company or an attorney. And anyone from around the world can be a shareholder of a company.
But if you have paid dividend to yourself in the past and co mingled the company funds with your personal one the Judge can pierce the corporate veil, then the person suing the corp can can after you and the benefits given by the entity's status as a corporation won't be available to you...