Do you have to claim a buyout from a partnership as income?
I agree with both Mr. Lucas and Mr. Cole. It is likely the case that you inherited the step up in basis value and if you are being offered the...
Orlando, FL
Tax Lawyer at Orlando, FL
Practice Areas: Tax, Business
I agree with both Mr. Lucas and Mr. Cole. It is likely the case that you inherited the step up in basis value and if you are being offered the...
It depends on what the agreement says. If it is a pure retainer to secure the availability, then you could be out of luck, like Mr. Cole says. If...
It is likely subject to sales tax so whatever the sales tax is in your jurisdiction is likely the rate at which you would pay. The seller is...
Sorry to hear about that situation. You shouldn't be levied unless you got prior notice of the levy. These are hard to fight and you will need...
So long as an attorney is licensed in a state, they can practice any area of law. Most attorneys choose to specialize and know a few subjects in...
It also depends on what the shareholder agreement says. But as a minority shareholder, he is likely getting a K-1. I also can't imagine a reason...
I am going to re tag the question as immigration.
It depends on the terms of your employment agreement. You should have an employee attorney review it, and if it isn't included or mentioned in the...
Doesn't sound like the preparer has a case. It does sound fishy. She is entitled to a copy of her return. It is likely that the preparer...
Yes, you can do what you propose. You can also likely get them to reinstate the installment agreement and include the 2016 liability as well. But...