Cherry Hill, NJ
Tax Lawyer at Cherry Hill, NJ
Practice Areas: Tax, Estate Planning ... +5 more
Frankly, having a LLC treated as an S corporation is usually a poor choice. You really need to discuss this with a tax lawyer. You may be making a...
Yes, it is legal to be paid in cash. You still have to report the income on your 1040 and State tax forms. I hope this helps! Ron Cappuccio
Why Wyoming? Why a LLC? Why have a business in the US? You are looking at setting-up a business as a commodity. If you are fully conversant in US...
Yes. It is a distribution. Before you do this, you should talk to a good tax attorney because it may not be a wise move. I hope this...
The smart move would be to set up a new LLC in Maine. The main LLC could be owned by the Virginia LLC. If they are both pass-through entities,...
All adults should file a tax return every year. If you do not file a tax return, there is not limitation on the IRS auditing you for that year. If...
Yes, you do not need to be a US citizen or resident to own a US business. If you do become a Member of the LLC, you may have to file US...
Not true! Your business will have to pay taxes in DE and the US. Depending upon the type of business, it may be personal or at the entity level....
The tax sale certificate foreclosure process is what is known as an "in rem" foreclosure. You would have to have a tax attorney represent you. It...
Generally, there are no Federal Taxes on the inheritance. In most States, NY included, grandchildren do not pay a State inheritance tax. If the...