You did not state what type of business you open, but I presume it was a limited liability company. You should contact your tax and business...

I know you do not want the investor to be a member, but in order to share profits, a membership interest would be best. I would set-up a second...

What taxes do I need to pay on a house that I inherited ?

Since you inherited the house, the basis is the date of death value. If that is the same as the appraised value, then you have no gain for tax...

What is the New Jersey tax law for employers providing 1099 or W-2 to employees?

You are asking the wrong question. Determining whether someone is an employee or independent contractor is not only a legal issue but depends upon...

How do I go about hiring a cpa to handle my audit and what should the price differentiation be?

You need a tax lawyer, not a CPA. Most tax lawyers have a degree known as a LL M (Tax). Some tax lawyer specializing controversies such as audits...

Can an LLC have two owners?

There is no requirement to be a US citizen or resident in order to own a business in the US. You could set up and operating agreement where the US...

How can I find a low cost or no cost active or retired attorney?

You can also try the County Bar Association Lawyer Referral Service. They may offer a low-cost consultation. The wiser decision would be to hire a...

You will need to change or operating agreement to be a manager-managed LLC rather than an member-managed LLC. Your manager does not have to reside...

The problem is the IRS has a complicated and very slow procedure for obtaining a release of the property. I know it does not sound logical, but...

The question is not whether or not you "can" use your 401(k), but whether or not it is why. Is actually a very poor decision because you will have...