How does 10-year statute of limitation for collecting tax debts works?

The Statute of Limitations on assessment only starts to run when a tax return is filed. If no return is filed, it is still open for assessment. The...

Can a business owner be held criminally liable for abandoning a business and what is my liability as a now former employee?

If you are any way involved in a business where the police are now involved, you need to hire a criminal defense attorney ASAP and have the...

Llc company

You need to have them hire an attorney to discuss holding real property in an LLC, as well as business tax and FIRPTA implications. Also keep in...

I read that a charity can have up to $10,000 a year in donations without tax liability and not have 501(c)3 status. is it true?

No, this is not true. Under Internal Revenue Code Sec. 508(c)(1)(B), the limit on gross receipts is $5,000 , otherwise without the 501 status, the...

Yes, Ohio is one of the states where taxes assessed against real estate become the personal debt of the owner who holds title when the tax debt...

Need a lawyer in Daytona Beach Florida being sued by a landlord and need help

You need an attorney if you are being evicted or sued. Verbal contracts are only useful to the extent they can be proven which is, not very much....

What are the key steps in changing structure from a stockholding corporation, to a 501(c) entity?

You would need to consult with a tax/business attorney. 501(c) is a federal non-profit tax designation. There is an application process and the...

I am thinking of moving my company from CA to NV for tax reasons. What must I do to comply?

You need to contact a good business attorney in your area. Even if you move, you are still subject to taxes where income is sourced and where you...

I filed for my stepson for back taxes , but the IRS needed proof and I couldn't provide enough proof,

You will need to contact a tax attorney or CPA with more specific information. They will have to review your proof and communications with the IRS...

What Legal avenues do service websites have against attrition rate attacks?

I agree with Attorney Donald. This is more of a business issue. You might consider verifying signups before counting them as real signups (e.x.,...