Can a sole proprietorship buy out or absorb a corporation?

STOP! There may be significant tax consequences depending upon the tax status. You can buy the other shareholder's stock, or assets, or liquidate....

You should definitely consider having your tax and business attorney establish an LLC. Even though you can have errors and omissions insurance...

How should we purchase a property in the US while I am a US citizen, and my husband is a foreigner?

No, a gift to you from your Husband is not taxable. There are reporting requirements for the transfer and also for accounts held overseas. You need...

No, if that is the only language in the operating agreement that addresses this issue. Frankly, you should bring the operating agreement and other...

What can I do to divest myself of a Treasure Lake lot whose fees are bleeding me dry?

Sheila: call a good attorney to figure out a solution. You will need a copy of your deed and tax bill. Good luck! Ron Cappuccio

Franchises are very tricky. THe franchisor will require you to personally sign. Nevertheless, I would definitely consider a separate entity, such...

Will getting a US phone number for my business make me liable to pay US taxes for work that I do online from Australia?

Merely having a telephone number in the US and no physical US location, should not cause "nexus" for tax purposes. Good luck in your new...

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Is there any way to avoid the capital gain tax on the sale of an investment property?

Yes it is called a 1031 like-kind exchange. The downside is you would need to exchange the property for another property. Frankly, I think by...

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Will I need a Sales Tax ID if starting a Sole Proprietorship?

Do yourself a favor and hire a good tax and business attorney. You need a LLC or Corporation to add a layer of protection against liability. Your...

Will I have to sell my company or Can I manage my LLC from outside of the USA if I move out of country

Sonal: You will continue to be able to own and manage your LLC whether you are a US resident or not. I hope this helps! Ron Cappuccio