Will a shareholder/Treasurer be liable for the dissolved corporation's failure to file any federal income tax (1120c)?
You would not be responsible for income taxes but if you don't pay over the withholding taxes you could be responsible for these.
Boston, MA
Business Lawyer at Boston, MA
Practice Areas: Business, Tax, Estate Planning
You would not be responsible for income taxes but if you don't pay over the withholding taxes you could be responsible for these.
You should be fine. As a life estate owner you are responsible for the real estate taxes.
There is generally no income tax on a gift or inheritance for the person receiving the funds
Realty trusts in MA are controlled by the beneficiary. If the beneficiary died you may need to probate the estate as an interest in a realty trust...
Find a wage and labor lawyer who works with employees to determine your rights
Getting exempt status is a very complicated process. The IRS has very strict regulations on who qualifies as an exempt organization. Typical legal...
Most of the probate courts view a will that is silent to mean unsupervised. But why formal rather than informal? If person died after riles took...
Document your request in writing. Unfortunately if he does not respond you may need to make a bar complaint.
The time frame for an audit depends on a variety of factors. If no return there is no statute of limitations. If there is a return then generally...
No one here can help you without seeing the documents. You need to look at the note and loan package to see if you are an obligor.