Archived
Can a LLC be operated legally if they are operating under a corporation not in good standing with the state comptroller.
Ronald's answer
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Answered on May 27, 2009
The LLC can enter into a contract if it is presently authorized to do business. Nevertheless, the liability protection for the corporation may be...
Archived
Contractual Employment Agreement
Ronald's answer
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Answered on May 27, 2009
You should talk with your employer! Do not become adversarial. Rather, you should explain your concerns. There are many advantages to being an...
Archived
What can I do about inaccurate final judgment where Internal Revenue Service fraud was commited by ex-husband?
Ronald's answer
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Answered on May 27, 2009
First, your divorce attorney should demand a copy of the 2006 and 2007 tax returns from your husband's attorney. If your former husband actually...
Archived
If the divorce decree is not specific about the arrangements for the tax deduction of a minor child, is it still binding?
Ronald's answer
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Answered on May 27, 2009
If both you and you ex each file your 1040 listing your child as a dependent, the IRS will flag both returns and will do a mail audit. The issue...
Archived
When cashing in a life insurance policy, do I want the IRS to take out taxes?
Ronald's answer
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Answered on May 27, 2009
No, you do not want to take out taxes since the amount is so small. Your Mom will simply have to include the income earned on the policy into her...
Archived
As an on-line business only, what constitutes "conducting business" and where do I need to register my LLC?
Ronald's answer
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Answered on May 27, 2009
You have entered into the hottest area of State tax law! Each State is attempting to claim "nexus" ( a connection ) with the business and therefore...
Archived
House buying & income taxes
Ronald's answer
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Answered on May 27, 2009
If the house is solely in your name, the IRS would have great difficulty in assessing a transferree liability against you for your husband's taxes....
Archived
Can any tax lawyer handle my income tax problems
Ronald's answer
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Answered on May 27, 2009
Legally, any lawyer can handle your tax matter. The reason is the IRS is national and you do not need a local lawyer to handle your mater. On the...
Archived
Feel Cheated By My Franchise
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Answered on November 22, 2008
Did you have your business and tax lawyer review the franchise agreement and help you with the lease and contracts? If so, your attorney probably...
Archived
We sold our business on a contract for ownership. The buyer has defaulted on the sale and refuses to return assets and inventory
Ronald's answer
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Answered on November 22, 2008
Did you have a business lawyer prepare the Agreement of Sale and the documents to protect you? Normally, you should have a Note, Security Agreement...