How can I buy a property in chicago if I am an alien non resident and I want to avoid estate taxes?
Unfortunately, I do not have the foreign tax background to answer your questions.
Northbrook, IL
Business Lawyer at Northbrook, IL
Practice Areas: Business, Corporate & Incorporation ... +3 more
Unfortunately, I do not have the foreign tax background to answer your questions.
You can file amended income tax returns (1040X) to correct the errors. I suggest that you consult a tax lawyer or accountant.
Generally, liquidating distributions from an S Corporation are treated as a sale of the s corporation shares back to the corporation. The...
I generally agree with the previous two (2) answers. However, I would have to know the form of your current business (i.e. sole proprietorship,...
Are you making a gift to the family member or is it a taxable sale? Either way, you can enter into an agreement to transfer the shares in two...
I agree with the previous attorney answer. In addition, you can provide in your Will for the transfer of the S-Corporation stock to another...
You can transfer your LLC interest to your wife by using a short assignment form. If you are treating the LLC as a disregarded entity for...
Yes, I agree with the other two attorneys who responded to your questions. If you have an Agreement for Purchase and Sale of the practice, look to...
I agree with attorney Donohew. An attorney needs to review the decedents will and trust to determine a course of actions
I agree with attorney Doland. You need to contact an attorney to review the underlying business documents (operating agreement if an LLC or...