A corporation, an LLC, owns real estate which has two equity owners a minor and an individual. The real estate is purchased by a trust for a discount where the corporation realizes a large loss however the corporation has money then is dissolved. ...
A corporation and an LLC are two completely different entities. In New Jersey, in order to file a dissolution certificate you are required to get a tax clearance certificate from the state Department of taxation confirming that all outstanding taxes have been paid in full. Companies can not wipe out their own tax liabilities and if they are unpaid. The IRS does have some rights under the Internal Revenue Code to assess liabilities against the company officers. If the trust that bought the property is a "related entity" it might also have some liability for the companies taxes. You should review all of the transactions and documents with a competent CPA or tax attorney.See question
I'm the one receiving food stamps, my wife received money for inheritence
FOODS STAMPS ARE A BENEFIT BASED UPON "FAMILY" RESOURCES. IF YOUR WIFE RECEIVES AN INHERITANCE THAT IS SUBSTANTIAL YOU PROBABLY WON'T CONTINUE TO QUALIFY FOR FOOD STAMPS AND YOU MAY NOT NEED THEM.See question
Our townhouse management company has changed hands a number of times, one of these companies failed to bill me in October of last year. I called the office about the missing bill and they informed me that I was up to date & no payment was due. Man...
BECAUSE THE OLD MANAGEMENT COMPANY TOLD YOU VERBALLY THAT YOU WERE UP TO DATE IS NOT SUFFICIENT. THEY MAY HAVE BEEN WRONG. YOU SHOULD HAVE YOUR OWN CHECKS, RECEIPTS OR PAYMENT RECORDS TO PROVE THAT YOU PAID ALL YOUR DUES IN FULL. IF YOU DO NOT HAVE PROF OF PAYMENT, YOU STILL OWE THE BILL AND PROBABLY THE LATE FEES.See question