An IRS auditor has requested a copy of my quickbooks file that contains info beyond the scope of the audit period. Must I comply

See enclosed link to the IRS Auditor Manual which has topics you will find useful in your analysis of rights to access client records....including...

Can a Limited Liability Company be forced to divulge a copy of that LLC's customer lists and customer records?

YES.....The fact that the LLC's income has changed drastically begs the question of why? Sine it could be a loss of one or more significant...

Can I be sued for the remaining balance of a car loan if i voluntarily give it up?

In all likelihood YES. The car will be auctioned off and the proceeds used to reduce the balance of the loan you owe. The remaining difference is...

My wife and I are the trustees of a trust as well as the successor beneficiaries. Her godfather passed away .

I agree with my colleagues. The mechanism for a real estate conveyance is a Deed and there are several types, the simplest of which is the...

Will the estate be liable for income tax on canceled debt?

Probably no tax to pay on the COD income. See enclosed IRS link for the exceptions to to the general rule of income inclusion under IRC Sec. 108,...

Can my husband take his father off the deed of our home in NY and add me? Would there be any tax problems?

The tax issue he is referring to is a reportable gift on IRS Form 709 reflecting a transfer of the fair market value of his 50% to you. Since...

Changing Pennsylvania LLC designator from LLC to Ltd

You need to file an amendment w/ PA D.O.S. See attached link which will take you to the form itself which is a pdf fill-in format....

Is a Certificate of Occupancy required for a corporate stock sale?

Is not a legal requirement to provide same but is prudent for buyer to ask as part of their due diligence on the seller and its business being...

If a American citizen is working in another country for a foreign company is that person still required

I concur with my colleagues as to filing and you should understand basics that a US citizen is taxed on worldwide income. If you paid taxes locally...

A tax abatement expired in April on a condo I closed on in June. This expiration was not pointed out by my attorney.

Please repost this as a NJ real estate question or NJ attorney malpractice and you will get proper attorneys that can answer this for you.

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