Can you pay an IRS Notice of Deficiency to stop interest from accruing, but continue to fight their decision in tax court?

First, you must have your tax attorney file the petition in US Tax Court. Once the petition is filed, you can pay the deficiency to stop interest...

It is an interesting question and scenario, but it sounds like you might need several entities. You may choose to have a parent entity owned by you...

Whats better ? Living in Florida and opening a LLC in Delaware to save on taxes or opening a LLC in Florida for export business

It depends on exactly what you are exporting. If there is no reason for the business to be in Florida, Florida is not a good choice for...

LLC members / Operating Agreement

Actually, you do not want to necessarily make your daughter a member of your LLC. Rather you want to change the operating agreement from a...

How can I fix the filing status on taxes that have been filed

If it is within the past 3 years, you will need to file an amended return. This should be done by a professional tax preparer! You may also have to...

My fiancé owes state and federal taxes. If we marry will I be liable for that debt as well?

No, his tax that will not become yours. Unfortunately, however, if there is any refund, the IRS will take it whether it was from your income or...

Do i pay double tax if i'm the only employee in the C corporation?

Frankly, you should not have had your accountant form a business. They are not trained in this and it sounds like your account made a poor choice....

Which type of contract do I need in order to partly own a brand (25%) in exchange for the severance offer from my previous job?

You are essentially starting a joint venture with your former boyfriend. I have experience with beverage businesses and many times the brand itself...

Can I use a mail receiving service when forming am LLC or Corporation in Indiana?

First, you are making a mistake by not having an attorney help you and's establishing your business. Secondly, there are companies that will act as...

What other forms do I need to start an LLC

It is great that you are starting a bookkeeping business. This is an area that a lot of businesses need help with and I certainly hope you will be...