What language can we insert into an LLCs bylaws to remove a manager in legal trouble?

You can put a variety of provisions in the Operating Agreement (not By Laws) of the LLC. In addition, you might want to have the exact terms in the...

Actually, if the bank accepts the EIN of the Business, why do they need an ITIN for you? You should talk to the attorney that formed your...

How US citizen can take a foreign business (in form of LTD) from his father (who is not US person) without a US gift/other tax

You did not say where your father is a resident . "LTD" means limited and depending on the country may have different meanings. If it is a...

You are responsible for the taxes and penalties. You can ask the Preparer to pay the penalties, but that would not be normal. Good luck! Ron...

My mortgage company does not send me tax statements each year for interest payments made to file my taxes.

You need a local real estate attorney. It sounds like you have a private mortgage and many times they are not set-up to send you information. Your...

How do I get help with tge IRS?

First, please do not put any identifying information on an open public forum! Secondly, I would suggest that your retain an experienced tax...

I established an LLC last year. How does the LLC file taxes if I worked as an employee of my LLC- do I file separately or

As a disregarded entity, your CPA or professional tax preparer will prepare a Schedule C (Profit and Loss from Business) as part of your...

I recently had to take an $8,000 payout from a retirement fund. What are tax implications for depositing into spouse's account?

You will owe the taxes (an 10% penalty if you are under 59 1/2) on the withdrawal. It is considered a a gift to your wife and is not taxable. Any...

My father was an Indian citizen and resident who recently passed away and left me a sizable cash inheritance.

You should talk to a good tax and estate attorney. There are some forms that need to be filed and there could be complications, I am sorry for...

Should value of land step mom inherited from dad 20 years ago & signed over to me 2 years ago be claimed on income tax return?

No, this was a gift and not income to you. On the other hand, you have a carryover basis in the value of the land. You should have good records on...