My employer refuses to take taxes out of my paycheck. I am hourly and they keep giving me a 1099 what can I do?

Why not take advantage of the situations. You will get many more deductions by filing a Schedule on your 1040. If you were treated as an employee,...

If a lawyer representing an LLC cannot be held liable for the LLC as their lawyer, what about as a manger for the LLC which he

Typically, LLC mangers and employees are protected similarly to a corporation. So unless the act is intentional or personal negligence (such an...

LLC's, as any other business, must keep proper business records for tax purposes. these include invoices, receipts, bank statements and deposits,...

How can my Canadian Investors avoid U.S. tax liability?

A "blocker corporation" is a term used for a "C" or regular corporation. The blocker corporation would own the US interest. Then there would be a...

From the information you provided, it sounds like it is a non-taxable payment for a physical personal injury. Nevertheless, the wording of the...

I want to own multiple businesses but do not understand if I should form a holding company?

First, I hope your friend's business is a LLC. If not, this could be a tax issue. Secondly, you should have your tax and business attorney form a...

I owe taxes! Can a CPA negotiate the amount owed?

I agree that a tax attorney would be better to negotiate the tax issue. Do you owe both the IRS and NJ? Are you being audited? If so, you should...

Can I add a fictitious business name to a Wyoming LLC?

Yes, this can be done. Why do you want to do this? Are you trying to operate 2 businesses out of one LLC. If so, do you really want the...

My dad has a federal tax lien... Can the IRS levy a life insurance (whole life) policy my dad has with me as the beneficiary?

You really need a good tax attorney. There are some things that can be done to prevent the IRS from getting much, but you need to act quickly. I...

How UK based ecommerce store can minimize taxation when forming entity in US?

There are quite a few techniques to help. One is known as a "blocker corporation." Depending upon your type of business, and whether or not you...