Tax/Capital Gain /selling home. Gifting money for home for child how does that work with taxes

If you're going to give all of the proceeds to this rental property to your son, you might be wiser to actually do a simultaneous gifting of the...

The important issue here is not the mere transfer of ownership. You are changing it from a single-member disregarded entity to a partnership for...

Do we need a prenup?

This is really a question that is getting more and more common for business owners. I advise every business owner that is getting married or...

I need a lawyer to develop my will

It is interesting that you said you are "getting old." All adults can and should have a Will and Estate Plan. I am sure there are many attorneys...

Do I need to file taxes

You can still file married filing jointly or married filing separately. Your marital status as of December 31 determines your status for the...

I am buying a business. Target entity Delaware LLC. My company is California S-Corp. Is asset or LLC membership purchase best?

I am concerned that your Delaware business would be subject to California tax jurisdiction. Please get a good tax lawyer to structure the...

I'm wanting to start a small personal business and I'm not sure how to go about doing it

You need a LLC or corporation to protect your personal assets. Please see a good tax and usiness lawyer. Good luck! Ron Cappuccio

Should I disclose and try to arrange things with my business partner or just talk to a lawer

You need a good business lawyer right away!

Is it illegal to start and advertise a service business without a license or tax ID even though I have no income?

You are starting a sole proprietorship in your own name. That is legal, but certainly not wise. You should have a LLC or other entity set-up by a...

You are talking about asset protection. This can be done, but is a little more complicated and requires ongoing work. You need a good tax and...