I have a few businesses (S corp) in GA. Can GA Dept of Revenue penalize one company for the other company's tax liability?

As with most taxing authorities, they hold far more power than most people may realize. Did they cite you any controlling statute for their...

Yikes, this is a tough one. Do you have an employment contract with the company? If not your employment may be terminable at the will of the...

How can I take my children's names off my house that I put in their names a few years ago?

You are in a tough spot. If you, as you say, have recorded the deed, then you made a completed gift and transfer to them. You can not take their...

I run two small businesses form my home. Direct Sales and group travel. Which would be the best way for my to set-up my

When liability is an issue, it is always prudent to operate as a corporation. It usually protects your personal assets from business liabilities. ...

Do I need to set up a company, bank account, and struggle through all of the legal and federal paperwork?

I think you know the answer already. If people are going to donate to a charity, they are entitled to and want a charitable deduction on their tax...

Can i be sued by my sister after selling my parents house which the deed was transferred to my name only?

I am not sure whether they transferred the house to you by will or during their lifetime. If there is clear transfer to you and you have not...

Article of Agreement between Mother and Son

You need to have an attorney draw up the appropriate documentation and address this situation in your mother's will. Do yourself a favor and do...

How do I proceed to establish the amount of tax to be paid?

I assume you mean what are the PA inheritance taxes to be paid as your question is a probate question. Generally, bequests to spouses and...

What are advantages & disadvantages of titling a house as tennants in common vrs joint tennants w/ rights of survivorship?

Joint tenancy allows the property to pass to the surviving joint tenant. A person with a tenant in common interest does not pass to the other...

401K Laws

Generally, a corporate retirement plan can provide for various dates of distribution, such as separation of service, disability, death, early...