LLC Partnership Loss allocation for tax purposes
Your operating agreement governs this. If you have not created an operating agreement, you should do so. In general, most LLC's pass through losses...
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Your operating agreement governs this. If you have not created an operating agreement, you should do so. In general, most LLC's pass through losses...
If you paid by check, your checks are sufficient as receipts for purposes of the child care tax credit. They should have the records for 2009,...
If you owe property taxes, the taxing authority can sell a "tax certificate" for a purchaser who pays the back taxes. You will have a certain...
You may have the basis for a class action. If you would like to meet with us in Bethesda, please contact my office and we will arrange a time to...
You are required to answer a subpoena but you may object if you believe that your answers will create personal harm to you. You should consult with...
Absent an agreement to the contrary, if you supplied more than 50% of the support for the children, you are entitled to take them as dependents....
You should have your CPA or tax attorney review your situation, because the insolvency requirements are somewhat complex. The fact that you could...
You can certainly transfer the shares. Depending upon the value of the shares, there may or may not be a gift tax.
This depends upon the bylaws of the corporation. If the Shareholders are given the right to vote for or against a sale of the company, then they...
Bringing a "slander" suit requires that the employer be disseminating derogatory information orally about you with the intent to damage you, and...