Archived
I bought a couple of domain names. I have been contacted and told they are a trademarked branded website in Europe.
Louis's answer
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Answered on February 09, 2013
I agree that you would be wise to consult with an attorney whose practice focuses on trademark and copyright issues. But to give you a little...
Archived
Is it possible for an owner of one corporation with dbas not dissovle it, and start another corporation with the same dbas?
Louis's answer
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Answered on February 09, 2013
I am not a member of the South Carolina bar, but ordinarily the dissolution of the first corporation would free up the dba names to be used again...
Archived
What IRS form do you have to send after selling a house in Martawan NJ and when do you have to file it.
Louis's answer
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Answered on February 06, 2013
If you have a gain on the sale of your home or if you receive a Form 1099-S in connection with the sale, you will generally need to report the gain...
Archived
My company is a Dormant LLC registerd 2012. What type of tax return should I file inorder not to loose my company?
Louis's answer
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Answered on February 06, 2013
If the company is wholly owned by you, you can elect to treat it as a "disregarded entity" and report any results of operations on your own return...
Can I resell items I bought at retail stores in USA online legally (within the country or overseas)?
Louis's answer
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Answered on February 06, 2013
I agree with Mr. Schultis but would add that there may be import duties and sales tax implications in the countries where the purchasers reside...
Archived
Am I personally liable to the IRS for a 1099-C issued in 2012 against a corporation I owned in 2009 that closed?
Louis's answer
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Answered on February 06, 2013
I agree with Mr. Atchley, but with one caveat. If you transferred assets out of the corporation you may have liability for the tax to that extent....
Archived
How can I be removed from liability for a car I hold the title to but do not have in my possession?
Louis's answer
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Answered on January 31, 2013
It sounds as if your husband is still liable on the loan. If that is one of the liabilities you are concerned with, the transfer of title would not...
Archived
Do I need to obtain foreign qualification?
Louis's answer
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Answered on January 30, 2013
I agree with Mr. Ezold's answer, but would add that you should inquire as to the penalties for failure to qualify to do business in the various...
Archived
As a UK limited company , I found two investors for $100k . How do I structure investment? What documents should I draft?
Louis's answer
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Answered on January 30, 2013
I agree with the other attorneys' answers, but would add that if the investors are in the US, you will want advice on US and state securities law....
Archived
We have a farm corporation for boarding and cair of horses. We have not been profitable for 15 years.
Louis's answer
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Answered on January 30, 2013
It sounds as if you are asking whether you can deduct the cost basis that you have not previously deducted since the company has been unprofitable...