I have an S corporation that made $50,000 profit for 2018. I paid myself a salary of 1,000, as I responsible for taxes on 50,000

If you are 100 percent owner, you owe 100 percent of the S Corp taxes!!!!

A careful interpretation of the trust instrument must be undertaken before any answer is possible. There may be "grants" to the leaving...

No. Simply add the 120 new # shares to the three minority. That equals things out and keeps a trail/record of the stock issuance. In the end, 5...

If there is a "due on sale" clause, it can't hurt to ask the bank if you can purchase on land contract. If agreeable, get them to consent in...

Yes. She needs to give you the initial inventory checklist. Then TOGETHER do the exit checklist. You will have a sense about your deposit...

In the case of next of kin is the older of 2 siblings next of kin

If you and sister do not agree on arrangements for a parent, who has no will or estate planning in place, you will likely need to have a probate...

I am sorry for your personal challenges. My best to you and the continued fight. Unfortunately, you have been misinformed. The IRS lien has...

Living in a apartment,do I have to pay water

Sometimes yes and sometimes no! What was your landlord agreement—- orally???

A pickup truck I own was in an accident the truck is titled in my corporations name but insured on my personal policy.

Hire a lawyer!!! You need to be assured that either your personal policy coverage or the corporate general liability coverage defends you!!!!

How do I become an independent or have my sister as a guardian?

I highly suggest that you and your sister contact Child Protective Services with the State of Michigan. Thereafter, it will know how to guide you...