Sale of auto body shop

First, you will be personally licenses. Secondly, you need your attorney to prepare an agreement to assure that there are no liens, Also, the NJ...

What steps does the IRS have to take in order to extend our tax liens from ten years to twenty years?

In order to extend the lien, the Internal Revenue Service has to file an extension. This requires a suit in federal court. Why are you concerned...

I thought of a new name for my LLC, should I file an amendment to my LLC formation or should I register and alternate name?

You can do one of 2 things. The 1st is to file an alternate name for your business. The 2nd is to amend the certificate of formation to put in the...

I'm doing contract work for a one member LLC that wants me to become a member. Should I be added to the LLC?

There are several reasons why he could want you to become a member of the LLC. One is to lock you in so that you will continue to work for the LLC...

The real and only answer is to hire a business lawyer right away. Do not delay. She may be preparing to go to court to get a temporary restraining...

I'm looking to speak with an attorney regarding product liability issues. My business is located in NJ.

It might be best for you to search Avvo or some other source for a good tax and business attorney. This way you can review their information and...

Does my business renter have the right to establish the same business as mine.?

It sounds like you are on a month-to-month lease. The landlord is able to terminate the lease and then any new business can be put in the premises,...

Form 1120S - where to list additional income received

First, it is a shame that you are set up as an S corporation rather than an LLC. An LLC would have given you much more flexibility in the structure...

To remodel my kitchen with new cabinets, conutertop and floors will increase my property taxes?

This sounds like mostly cosmetic work and generally would not affect your tax assessment. The only way this would have an impact is if it were a...

Would an individual be liable for income tax or for capital gains if stocks were transferred to him?

Your facts are confusing, but it sounds as though you will own the stock. If this was dividend it would be ordinary income. If it is a liquidating...