Will we pay additional taxes for selling our rental property for less than we purchased it??

Your capital gain equals Sales Price - Adjusted Basis in your Real Estate. Even though you bought the property for $100,000, if you took, say...

COMPANY APOLOGIZED FOR DISCLOSING MY IDEA TO FORTUNE 500 COMPANY

Did the company have an obligation to keep your idea confidential (maybe based on a Confidentiality/Nondisclosure Agreement)? If so, you might...

If my employer gives me a loan and its not all paid off when he terminates me can he take my last two pay checks?

Did you sign any paperwork indicating this was a loan and the company could withhold pay if you did not repay? If not, then the company cannot...

What can I do if a non-profit business plan is presented in order to form partnership but the plan was used without consent?

At the outset, and as a practical matter, you want to get into a dispute with a local religious leader. In many cases, this will be an uphill...

Restrictive Covenant when selling a business in the trade industry?

In Michigan, this situation is sometimes circumvented by placing an add or sending a general mailer to the zip codes in which customers/clientele...

Can business partners choose whom they can sell their shares of their business in NY incorporated S-Corp Retail business ?

I would also add that there are many many tax issues that could be involved here. The most important is that whomever C sells to must be a...

I agree with Bill Bernard's comments. However your question presume the Arbitration Clause was properly drafted. I have seen many of these...

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Does the wife of the president of the company have the right to open company mail. company is incorporated & she is not an emp.

Your wife does not have the RIGHT to open your mail unless she is an authorized officer or you have given her the duties as an employee of the...

In general, a non-compete is not enforceable by the buyer of a company UNLESS the non-compete says it is assignable. Many times this assignability...

Did I just sign something that gave the officers of the Corp the right to transfer my stock to them?

Gotta love (read: hate) old English legalese. This is the problems with lawyers: They make it impossible for non-lawyers to understand what is...