Tax Liabilities on Foreign Transaction.
Life would be simpler if you and your fellow LLC member form a separate entity in India. You can then contract from the US LLC to the foreign LLC....
Cherry Hill, NJ
Tax Lawyer at Cherry Hill, NJ
Practice Areas: Tax, Estate Planning ... +5 more
Life would be simpler if you and your fellow LLC member form a separate entity in India. You can then contract from the US LLC to the foreign LLC....
This is odd. Usually you will get a document titled "Income Adjustments" or a written document. I am concerned that this matter may get referred...
Please go to a Tax Lawyer right away. You need attorney client confidentiality. Do no post any more online or talk to a non attorney Do it...
You must file the tax returns! I explain repeatedly every adult should file a tax return every year, even if there is no income, just to start the...
Yes! The new law completely affects existing LLCs as well as new ones. It affects voting rights and division of distributions. You need to have a...
Since you were married as of December 31, 2013, even though you were separated, you are still considered married for tax purposes. You must file...
Please consult a Tax Lawyer. It sounds like your sister may be a good case for an Offer In Compromise. Also, even though her income is low, please...
Since you were married as of December 31, 2013, even though you were separated, you are still considered married for tax purposes. You must file...
If you have discretion to use the signature stamp, there is a high likelihood that you will be liable for the civil penalty under IRS 6672. You...
If there were assets, filing a 706 helps establish the basis for the heirs and starts the Statute of Limitations. I hope this helps! Ron...