Starting a for profit LLC that gives 100% to charity and also pays salaries?

your salary "could" be challenged as excessive by the IRS. i wish to make it clear that i am not saying such would be the case.

Do I need to report income wired to me from an affiliate program

I agree with the other attorneys that this is income. This is solely for informational purposes only and should not be relied upon as legal advice...

My IRS audit ended with notice of deficiency which my CPA and I did not respond in time. Can we still file a petition it? how?

I agree with the other attorneys who believe you need a tax attorney at this time. The tax attorney can and probably will need to secure the...

I have roughly $25,000 in income tax debt with my ex-husband....

I do not believe a new husband would be liable since, as stated by another attorney, you debt was incurred before marrying the new husband. This...

Do I have to file tax return on "EIN" if my LLC business has not even launched

I agree with the other attorney who recommends that you secure competent counsel or CPA. I also agree with his recommendation that you file...

You definitely need to secure the services of a local tax attorney. You have raised a number of questions. To illustrate, not all non profits...

Estate Tax question:

I also assume you are referring to the possible filing of income tax returns rather than estate tax returns. I agree with the other attorneys who...

My S corp owns one rental property. Since the income of this property is passing income to my personal tax return,

I urge you to secure the services of a local CPA or attorney as soon as possible to advise you. I question the advisability of initially putting...

If a large amount of money is brought to the US as a gift, do they have to pay tax on it and whats the percentage?

I am not clear about the facts of your case. Is the money meant as a gift or as an investment by the transferor? I do not see how the transferor ...

I just inherited a property in a self directed IRA and I need to know how the property itself should be titled before I sell it.

I agree with the other attorneys advising you to secure knowledgeable tax advisors as soon as possible so as to safeguard against errors. This is...