To accept or solicit donations or contributions from the public must a non profit corporation be formed

If your donors do not care about getting a tax deduction for their contributions, you do not have to go through the 1023 exemption process with the...

How is a compliance investigation by SBWC. Will they shut business down.

I am unsure what your question is asking. Could you please rephrase it and refrain from using acronyms or abbreviations. I assume you are not...

What state should I pay my state tax to?

Many states have a filing category for part-year residents that taxes only that income earned the past year while actually living in that state. ...

Will my tax refund be taken?

As Mr. Atchley correctly stated, you can lose a refund only if you file jointly. However, filing jointly may not be a bad thing, especially if the...

On disability, do not pay taxes. Sell a house on disability...pay the taxes?

IF this is his residence, there is almost no chance he will have to pay tax on the gain from the sale.

Selected as the best answer

This appears to be a tough situation. I wouldn't take no for an answer to whether you can get a refund. You paid a tax which you did not owe;...

Should Company A pay to Company B for transfer of a property ownership and to Company C to transfer of stock ownership?

The only advice, and probably the best advice, I can give you is to consult with a business/corporate attorney now, before you do or sign anything.

Should i withhold rent until tax issue resolved to pay the correct owners? What will happen to the money i pay if i do pay?

If you are just renting, and this issue is a property/ad valorem tax issue, it is not your concern at all.

Do I have to charge interest on a shareholder loan to a foreign corporation I own, for income tax purposes?

The Internal Revenue Code requires that you charge a small rate of interest. If you do not, there will be no repercussions unless you or the...

Do I need a separate LLC as a real estate sales agent or can I include the income/expenses with my existing appraisal business?

I do not agree that you should report the earnings under your existing business. You may do so, but there are reasons you would want a separate...