Georgia follows the Federal definition of income which would include income from the discharge of indebtedness. But just because you got a 1099-C...

LLc and Subsidiary

I think you have the sequence of actions a bit backward. You should have consulted with both a business attorney and a tax advisor before creating...

The easiest way, and safest I might add, is to ask them to resign from the LLC. If they voluntarily surrender their interest in the LLC, that's...

Can my wife have my deed nullified?

Your question is not really an estate planning question, it is both a real estate and a domestic relations (divorce and separation) question. Since...

What if your spouses children object to property in lieu of years support?

Please accept my condolences on the loss of your husband. If his children object to your Petition for a Year of Support, they can only object to...

As you might imagine, the determining of when the statute of limitations has passed is not quite that simple with the IRS. I will not bore you with...

Those are good questions to consider at anytime, though they are especially important during this pandemic. You know, of course, that your...

First I do agree with Mr. Cohen's assessment. Failing to file returns, when you are required to, is a serious matter. Despite that, you said you...

I think this is a scam pure and simple. He contacted you via email, hasn't given you anything, wants access to your bank account ? What about...

What i have to pay for transfering fund

Sounds like you're being scammed. None of those things exist. Legitimate banks will charge a wire fee, but its usually a small service charge and...