Hello I am in the process of starting an online clothing/ jewelry store.I was advised to start a LLC corporation, my question is

You are obviously smart enough to understand that there are many potential issues lurking just around the corner. The best answer to this question...

Even though your partner is directly responsible for the non-payment of taxes, the IRS and possibly the state may very likely try to assess you...

I am starting a company and one person wants to invest $5,000 to be a partner in the organization. He owes the IRS $90,000

The quick answer is probably not, but I recommend your investor seek a consultation with a tax attorney so he can better understand what risks lie...

If indeed the IRS ever looks into your 2014 return, be prepared with documents to prove that your receipt of the $300,000 was a gift, and from whom...

Pay rate, & deduction for taxes and deductions for my medical insurance premiums. How can I prove fraud.

I would strongly suggest you consult with an employment law attorney in your local area.

Do I risk civil or criminal liability for reporting suspected fraud by my soon-to-be ex-husband?

Before the reporting starts, let's make sure you haven't signed any joint returns with him which have any understatements or serious mistakes on them.

How is equity determined for the IRS?

As Mr. Atchley suggested, her name on the title likely will not be a major complication. I have dealt with situations similar to this by...

I want to gift our son $ from my beneficiary proceeds. Proceed are $250,00 How much can I gift each year without tax

Depending on your circumstances, you can give the entire amount free of gift tax. However, any amount in excess of $14,000 would require you to...

You can refuse, but you have no legal basis for doing so. If you refuse, the IRS has ways of acquiring these directly from the bank. I suggest a...

How do I go about holding the pastor personally accountable for the money he took from me through the church?

Follow through with your small-claims lawsuit. If this does not put enough pressure on the pastor, you could inform him that you plan on...