1099 Issue
This is really a tax question. If the LLC has an employee identification number (EIN) you can give that to your company. If not you either need to...
Boston, MA
Business Lawyer at Boston, MA
Practice Areas: Business, Tax, Estate Planning
This is really a tax question. If the LLC has an employee identification number (EIN) you can give that to your company. If not you either need to...
What is your question and not this is not a new law. The law was always supposed to revert back on 1/1/13 unless Congress acted to change the law....
You do not pay taxes on gifts received. You will pay tax on any income earned from the gift (for example interest on the $11,000).
Generally the IRS can only assess a responsible person (as defined by the Internal Revenue Code) for what are commonly known as trustee taxes...
I suggest you sit down with a lawyer to discuss the situation. You can accomplish what you are trying to set out. I would suggest that you do this...
I suggest you talk with a tax advisor. It sounds to me like you need to file the LLC in Texas and should have been filing in Texas since you bought...
A lot depends on when you move out of DC and into Virginia. You will need to check the tax filing rules of each state. Its possible that you are a...
Your employer has an obligation of reporting you as a household employee on their tax return and paying social security tax on your employment with...
You should check with a lawyer before doing this. Will the transfer be considered a taxable gift. Does having the house in your sons name prevent...
You should discuss this issue with a tax lawyer who can assist you with the IRS after you explain the full story to them. That being said, it...