It is very important to protect yourself on this. Make sure that you are not a signatory on any bank accounts that hold the company's money, as...

Help i owe some back taxes but i am wanting to do and have tried an offer an compromising with the irs but each time i was rejec

Very few offers in compromise are accepted because the rules for accepting them are very complicated. You definitely need to retain either a tax...

My brother and I co-own a house.The realtor wants our spouses to sign the listing agreement too. Why?

Most states have various spousal rights to properties even when they are owned only by one spouse. At the sale of your house, both spouses would...

As a renter do I have to allow the landlord to put a lockboxs on the property while I'm still living there.

This depends upon your lease. The lease probably gives "reasonable access" to the Landlord to show the property, but I would not construe that to...

What is the quorum

It is difficult to answer this without reviewing the bylaws. In the absence of anything in the bylaws, state law may set quorum requirements, so it...

What happens if someone dosnt pay there taxes?

There are serious civil and criminal penalties for failure to file tax returns and/or pay taxes.

I didn't file taxes in 2006. I owe money. I am wondering if the IRS will ever notice I didn't file.

You should immediately file your tax return and pay anything due. There are serious consequences for willful failure to file, but it is much...

How is capital gains tax figured?

In general, the "basis" that you got on the home was the basis (cost) that your parents had in the home, plus any improvements that they made. If...

My husband and i have been separated for 5 years. I just found out he has been claiming me and my two children.

This depends upon what your divorce decree provided. Was he allowed to keep claiming the children? Did you claim the children on your return. Since...

What type of corporation to form?

I generally advise my clients to form an S corporation or an LLC because either of those entities is a "pass through" entity. This type of entity...