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Employer Identification Numbers (EINs) and Social Security Numbers (SSNs)*
Employer Identification Numbers (EINs) are usually required when opening bank accounts for artificial entities, except Trusts or Estates, which can be nonresident aliens. Likewise, the applicant applying form an EIN on an SS-5 form is required by default to use a Social Security Number. The purpose of this page is to document resources dealing with…
Read MoreEntity Diagram Symbology*
Sample Symbology Diagrams
Read More10.11 Offer and Acceptance*
SOURCE: Executives College Primmer, Section 10.11 1. All “Charging” Documents are an “Offer”. You may accept, modify, or reject all such offers. If you could be ‘compelled’ then you are a Chattel Slave, not a FreePerson. “I conditionally accept your offer upon presentation of a genuine Charging or Accusatory instrument, for my inspection so that I…
Read More10.10 Charging Order Protection
SOURCE: Executives College Primmer, Section 10.10 1. A whole chapter unto itself. Presented here for discussion. Used correctly its effect is; You get sued, you lose, you get paid first and the one who won the suit pays your taxes.Yeah, I know, sounds crazy. I love the look on my clients’ faces when they actually…
Read More10.9 Contractual Integrity
SOURCE: Executives College Primmer, Section 10.9.
Read More10.8 Random Bits and Pieces
SOURCE: Executives College Primmer, Section 10.8 1. Company Directors can; call meetings, sign contracts, obligate the company, incur debt, purchase and sell assets, appoint and terminate officers, regulate the sale and transfer of stock, control the company’s bank accounts, and designate signatories. 2. Deductible Expenses; a list can be read at the IRS.gov web posting.…
Read More10.6 Embezzlement
SOURCE: Executives College Primmer, Section 10.6 For example, let’s say; As the Officer of the company, you order It, to buy a car. A legitimate company expense. Later, acting as the Officer, you order the vehicle sold. If you, the Officer then pocket the funds, you have committed embezzlement. Instead, the Officer should deposit the…
Read More10.6 ETS vs. EST?
SOURCE: Executives College Primmer, Section 10.6 1. Ok, now we are getting into tax liability. This subject is tricky and dangerous. Please note once more for the record: “I am not a credentialed tax person. I make no claims about the validity of anything said here. It would be foolish to take tax advice from…
Read More10.5 Banking does not dictate SITUS
SOURCE: Executives College Primmer, Section 10.5
Read More10.4 Doing Business Within a State
SOURCE: Executives College Primmer, Section 10.4 [1] Service of process is the procedure by which a party to an action in law gives an appropriate notice of initial legal action to another party (such as a defendant), court, or administrative body in an effort to exercise jurisdiction over that person so as to enable that…
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