Archived
Is there any regulation in NJ that says I can't open a business in the same local as a recently failed business ?
Ronald's answer
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Answered on January 13, 2018
There is no law against it but it is certainly not a wise move. First, the division of taxation will argue that you are a continuing business and...
When a business owner dies, and money is still owed to subcontractors for work performed, will they still be paid?
Ronald's answer
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Answered on January 13, 2018
I am sorry, but taxes are expenses that come before subcontractor fees. You should be filing a claim with the estate to make sure the balance due...
When a business owner dies, and money is still owed to subcontractors for work performed, will they still be paid?
Ronald's answer
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Answered on January 13, 2018
I am sorry, but taxes are expenses that come before subcontractor fees. You should be filing a claim with the estate to make sure the balance due...
Archived
How do I fight a bulk sale violation??
Ronald's answer
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Answered on January 13, 2018
In New Jersey, if you purchase business assets, you must provide a notice to the division of taxation for the bulk asset transfer. The division...
Archived
I have signed a no-compete in the state of New Jersey for 3 years and entire country,entire industry how enforceable is it?
Ronald's answer
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Answered on January 13, 2018
Your problems are far more than the noncompete agreement. First, this LLC that you set up may cause you to have personal liability for both taxes...
Archived
I have signed a no-compete in the state of New Jersey for 3 years and entire country,entire industry how enforceable is it?
Ronald's answer
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Answered on January 13, 2018
Your problems are far more than the noncompete agreement. First, this LLC that you set up may cause you to have personal liability for both taxes...
Archived
I work for a company and I have some issues and I wanna make sure it’s legal?
Ronald's answer
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Answered on January 13, 2018
First, since you are not paid in 2017, the income is 2018 income. You did not state what you did or whether your employer is the sole proprietor or...
Archived
I work for a company and I have some issues and I wanna make sure it’s legal?
Ronald's answer
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Answered on January 13, 2018
First, since you are not paid in 2017, the income is 2018 income. You did not state what you did or whether your employer is the sole proprietor or...
Archived
If I rent a room in my home, do I include that on my tax return as rental income?
Ronald's answer
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Answered on January 13, 2018
Yes, this is business income and you will also have deductions. I suggest that you make sure you hire a good professional tax preparer for your...
Archived
If I rent a room in my home, do I include that on my tax return as rental income?
Ronald's answer
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Answered on January 13, 2018
Yes, this is business income and you will also have deductions. I suggest that you make sure you hire a good professional tax preparer for your...