Does owning property in NJ mean I must pay NJ income taxes?

Not necessarily. Nevertheless, NJ will presumptively claim you are a resident. How much time will you spend at the NJ house. If it is close to 1/2...

Do I need a lawyer ?

If you were married December 31, 2014 you must file Married Filing Jointly, or Married Filing Separately. "Single" is not an option. If you just...

I am from Florida but I will fix and flip homes in Illinois. What is the best type of LLC to form and in which state?

Since you will be operating in IL, that is where you should form the LLC. Even if it is formed in NV, it would have to be authorized to do business...

I am currently going through a divorce, and I want to file my taxes. Should I file married filing jointly or married/separately

You should speak with your divorce attorney. Nevertheless, I would recommend Married Filing Separately so that you will not be obligated for your...

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What kind of legal documents regulates my business activities?

First a Limited Liability COMPANY is not a Corporation. Did you do this yourself or did you retain an experienced tax and business lawyer? Most...

Hello and thank you, I've been offered part ownership in a small organization where I would work as a managing partner.

First, if the CEO is highly "challenging" do you want to work for him? Secondly, please hire a good tax and business attorney to review the...

Will this likely red flag a schedule c audit?

This will not increase your chance of audit. Schedule C businesses get audited more than W-2 employees. I hope this helps! Ron Cappuccio

I need a letter stating that a person is a legal part of my Limited Liability Corp. Ex VP What is the name of this letter type?

You should have your attorney prepare a LLC Member's resolution and resolution of the Managing Members. This would state the person's title. If you...

Got married on June 2014, can I file 2014 taxes joint with my spouse?

You are married for tax purposes as of December 31. So, if you were married in 2014, , you may file jointly with your spouse or as married filing...

Structuring a JV LLC for commercial lease for co-working space

You want a Multi-member LLC. This requires a good tax and business attorney. You can divide things anyway you want. For example, you can share...