Cherry Hill, NJ
Tax Lawyer at Cherry Hill, NJ
Practice Areas: Tax, Estate Planning ... +5 more
Since this is an IRS matter, any tax attorney that handles tax controversies can help, even if they are not local. I agree, you should definitely...
Don't be angry. Why not suggest that your employer get a good payroll service to help with payroll and taxes? I hope this helps! Ron Cappuccio
Is the LLC treated as a Partnership for tax purposes? If so, there may be less tax issues. I know it costs money, but having a good tax lawyer...
The LLC would be a disregarded entity for tax purposes. This means the income and its classification (such as capital gain) will be on you personal...
Yes, you must file because you are self-employed. Also, you want the statute of limitations to start running.
The money is taxable income. You may not have any tax due, but all adults should file a tax return every year to start the statute of limitations...
Not exactly. Sales tax is paid by the seller. You, the buyer, must pay "Use Tax." This is the same as sales tax. You will report this on your NJ...
This is very fact specific. It depends on the wording of the contract and what transpired. You need a good business lawyer right away!
Although this sounds like a complete loss, I am worried about other potential liabilities for the LLC. Please, retain a good tax and business...
It is legal but you need to report the income on your 1040 with a Schedule C. You should ahave a professional tax preparer for your return,