My family is preparing S-corporation returns for six years, the first return will be for 2007, yes extremely late! I do not

You are to late to receive an S-election. Depending on the facts the longest period of time that I'm aware of in granting late relief is two years....

This is more an employment law question. I have revised your Practice area so that you will be able to get a more complete answer.

I think you maybe talking about a Qualified Subchapter S Subsidiary, also known as a QSUB or QSSS, is simply an S corporation that's owned by...

If you obtain a property from tax lien, do you take over the mortgage payments?

This is more a real estate question than a tax question and I am not familiar with Louisiana law. However, the general rule is that the property...

How do you calculate income for CS & SS when 75% of income on 1040 is pass-through income from 3 s-corps?

One of the benefits of creating an S-corporation is the ability to "avoid" not "evade" self-employment income on s-corporation earnings that pass...

What are my rights as 50% shareholder of a C Corporation in California

I agree with the other two answers and add that the first step you should take is review the Corporation's by-laws to determine the requirement and...

Qualified Subchapter S Trust (QSST) Election Under Section

I agree with Mr. Shultz, but add that a violation of a QSST election could cause the S-election to be voided with the corporation and could have...

Some form of the probate process will be necessary. New York "may" have a form of probate known as small estate administration that is generally...

How to answer summons & complaint

I agree with both of the previous answers. A $20,000.00 lawsuit is not challenge that you should be attempting on your own without previous...

I am not licensed in your state, but answering based on the laws of my state, a company that validly dissolves with the Secretary of State and is...