Business taxes question, car lease

I see no problems in relation to the lease assumption especially as you say your business is a sole proprietorship and not a corporation or LLC. So...

Is not a problem as long as you have the request in writing giving you such direction to send the funds to the LLC but the Form K-1 will still show...

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Is this partnership offer in a subways franchise a good offer to take on?

The franchise owner isnseeking to borrow money from you and, in exchange for you not getting paid any interest (the zero coupon comment) then he...

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How to achieve 30% profit share and 100% Executive Power in NJ s corporation (sole proprietorship, single owner, no officers)?

There are tax issues here that you are not aware of in any determination to obtain 30% of the profits and you cannot merely switch to an LLC w/uo...

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A beneficiary in a trust is of questionable lineage. We are able to get DNA from the decedent. What steps to prove it?

Not enough facts here. What does the trust agreement say about beneficiaries and potential beneficiaries....the deathbed utterance is of no...

I currently reside in NY but will be moving to California to start a food truck business. Can I file for my California LLC now?

May be easier to just form a CA LLC and use a registered agent for the address in CA until you have permanent business address and then file ...

If Trustee & contingent trustee disagree regarding Grantors property being sold for beneficiaries, does Trustee have final say.

Let me rewrite the problematic clause that i see is the issue here....is an interpretation issue but the good news here is that the contingent...

Mortgage interest deduction on Tax Return. Possible for person on deed but not on loan to take the deduction? How? He pays pymnt

See IRS Publication 936 for your answer. As you presented the facts person B will not be able to claim a mortgage interest deduction because they...

Is it legal for a potential Landlord to ask about your Taxes and ask to see what we owe??

Yes....the LL wants to be sure that the prospective tenant has the financial resources to be able to pay the rent and not default in the lease....

My commercial lease is under my corporation name, but the landlord asked for a personal guaranty. In my lease, it says that in

The tenant is a corporation and as such continues after your death.....simply the shareholder changes from you ( upon death) to your beneficiaries...