You admit that your 2009 depreciation deductions are all based on 2008 information. If you withhold all of the 2008 depreciation information the agent may disallow all of your 2009 depreciation. The fixed asset schedules and documents supporting the fixed assets are generally maintained on a permanent basis and not simply destroyed on a four year schedule. You need those records to establish basis in later years. I would not assume that the agent necessarily wants to see all of the 2008...
Product manufacturers and distributors can be held accountable for defective products under a variety of theories. You should talk to a products liability personal injury lawyer. Statutes of limitations for these types of claims can be fairly short.
W-2's are not due until January 31 of the year following the year of employment. Accordingly, they are not withholding the W-2 for work in 2012 until the end of next month.
Here is What to do If You Are Missing a W-2
Before you file your 2012 tax return, you should make sure you have all the needed documents including all your Forms W-2. You should receive a Form W-2, Wage and Tax Statement, from each of your employers. Employers have until January 31, 2013 to send you a 2012 Form W-2...
Disadvantages will be you may have another tax return to file. You may have to obtain a separate business license. You may need an operating agreement. You may have annual or biannual reports to file with your state. These reports may require separate fees to create or maintain the existence of the entity. If you are serious about growing your business these small distractions should not keep you from gaining the benefits of entity protection.
Unless you have about 70% equity in the house, cash to fund the deal or other clear assets for collateral, the bank won't lend you money to take him out. That fact is why so many divorcing couples really only have the options of selling the property or deferring the liquidating process.
1) Paying off the mortgage doesn't get him his half, it only gets him free of the obligation. You would still have to come up with his half.
2) Refinancing the debt, without a cash out adequate to...
Your claim has been denied and the reasons stated. The placement of the signature in the vicinity of the line sounds like a pretty flimsy argument for denying the claim. The change in signature characteristics may hold water. Now that the claim has been denied you either must accept the denial or file suit to pursue your claim for payment. Both sides have their evidence and it will be up the judge or jury to determine who wins this issue. You can find reported cases where either side...
It depends on the terms of the contracts. You have identified some excellant issues for you to negotiate. If you buy the exclusive rights to the name, the menu items and marketing material then you can control them. Alternatively, you could elect to forgo those rights and pursue a new identity. If you take these rights, the other buyer may no longer be interested in acquiring the enterprise. Whoever finds those particular assets more valuable may pay for the exclusive rights.
Despite the confidentiality clause you are entitled to speak with a CPA and an attorney regarding the issues of tax compliance. Both of those parties owe you a duty of confidentiality. You should first speak with your attorney. They may have allocated the the money based on the wording of the agreement. They may also refer you to a tax attorney or cpa that they use for consulting on these issues. Your attorney likely will help you on this issue.
Income on forgiveness of indebtedness must be reported. You may be able to exclude it in some circumstances by filing a form 982. You can learn more from the IRS here:
You can file your taxes as married filing separate. You can prepare a married filing joint return and show him what it would look like. Maybe he'll change his mind and join you in tax compliance. You can remind him that tax compliance is a whole lot cheaper than late payment and failure to file penalties piled on top of the tax. And it could get worse than that.