Do you have to claim a buyout from a partnership as income?

Mr. Cole provided a great overview. Like most tax matters, it is not so "simple". What you need to do is determine YOUR outside basis in the...

You should hire a qualified tax lawyer. Restitution is a very technical area. If your restitution payment plan is with the United State's Attorney...

Can I partly carry S-Corp Net Operating Loss to both past and future years?

It is not possible to carryback "just a portion" of an NOL. The entire NOL is applied to the prior years to the extent it would be allowable. You...

You should mail another signed copy of your state tax return to the state. Include a letter stating you accidentally mailed your state tax return...

You do need to see an attorney to discuss bankruptcy and tax options. Make sure the attorney you select understands BOTH the bankruptcy and tax...

S Corp penalty calculation

Officers of S Corporations, who are usually shareholders, are generally required to receive "reasonable" salaries. The purpose behind this rule is...

I will add that most foreign entities must be registered in a state to prosecute or defend against a suit in that state's court, but not a federal...

Can I sue,or hold my bankruptcy attorney responsible for paying tax bill he didn't make sure was added to my plan?

It could be malpractice, but you would have to talk to another attorney about it. More facts would be required.

Can an S-Corp be sold without one of the members agreeing to the sale?

The answer is "maybe" and you need to speak with a corporate attorney, preferably one who litigates shareholder disputes.

Being Executive over Estate and Will?

You want to hire an attorney to help with an estate to make sure all the steps are properly followed to (1) cut off claims (real or potential) and...