I am 49% owner in sub S with wife for 16 years. she is 51% for purpose of minority owned status. Can I be at risk?

You should immediately consult with competent local counsel who has experience with corporate governance matters. Since your wife is the 51% owner...

I own my home free and clear. I pay my taxes and have no problems except for the google/bing/quest/etc photos of my back yard.

Just about anything that can be seen from the air can be photographed; they could be doing nothing more than flying an aircraft overhead and taking...

Hi me and my freind have a foreign business relationship and to get on a certian store we need to fill out a W8BEN

I'm not entirely sure what your question is; are you asking why you have to sign the W8BEN, or something else. A Form W-8BEN is used by certain...

Regarding taxes

First, and foremost, you have to follow up on the IRS notice you received and make sure to discuss the case with the person you speak with. ...

Father of my child is on child support. his taxes were offset but i did not get the full amoung he owed. why is that?

How much you get through a tax refund offset depends on how much of a refund he was entitled to in the first place. If the amount of his refund...

It isn't very professional, and it could end up costing them plenty if the IRS or the state audits the company's payroll taxes; however, it's...

Basically it means that the case will be called for trial on a subsequent date. The judge is not required to state her or his reasons for...

I'm afraid that it's not going to be possible for you to get any sort of a useful answer here because your situation is very complex and the only...

If an S-Corp has zero profits, it cannot distribute any IRC 179 Expense to shareholders and line 11 of form K-1 will show zero?

The deduction under IRC section 179 is subject to the income limitation at both at the S-corporation level and at the shareholder level. Thus,...

How do I get my husband's ex-spouse living in a different state to sign form 8332?

Resolution of your problem will depend on when your husband's divorce or separation decree went into effect. If the decree went into effect after...