It would be a gift to your daughter that might require a gift tax filing but, depending on the value of the home and the size of your estate,...

If a non profit is filing a 990n but getting donations well over $100,000 per year what can I do as a third party? ?

In addition to contacting the Attorney General's Office, you can contact the IRS for a Tax-Exempt Organization Complaint (Form 13909).

If I have income from other states outside my New York LLC internet-based company, do I annually file general state tax returns?

As to obligations to file income and sales tax returns in other States, you should consult with a CPA. As to whether your activities in a...

MLM or Pyramid Scheme?

A pyramid scheme s a criminal, fraudulent endeavor featuring unfounded investment returns that is kept afloat for a while by paying those promised...

Lease for 2 yrs & fictitious partnership?

If the lease is signed by the LLC, it is liable for any obligations under the lease, including damages in the event of a breach. It is likely that...

Do an inactive (no business) SOS/FTB Suspended Non-US Foreign-Owned Single-Member LLC need to submit 5472 form?

Any amounts paid or received in connection with the dissolution of the entity (including contributions to and distributions from the entity) are...

Leasing Commercial space for LLC in partnership under personal name?

The typical, and preferred, structure would be a lease with the LLC as tenant, with personal guarantees from one or all of the members. The LLC is...

Under Trump's tax cuts, is it better for a two-member LLC to be taxed as a partnership, a corporation, or as an s-corp?

It's a great question to consider upon the formation of your company, but the answer might depend upon the character and amount of projected...

Can I sue my partner's real estate attorney for loss of future business earnings?

This is the second version of the same question. You have two related issues. First, what are the terms of your lease, regarding the business and...

What are my rights with a verbal contract? What kind of lawyer will I need?

First, you need to clarify the type of entity - is it an LLC, corporation, or a general partnership? Are there any documents defining any terms of...