Archived
What are the legal ins & outs to consider in WI if you're beginning an investment club with some friends and their spouses?
Nicholas's answer
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Answered on August 20, 2015
Hiring an attorney like you're planning on is definitely advisable. Given the various activities you mentioned I think a business attorney with...
Archived
Can I be held responsible for tangible tax that someone else owes simple because he use to work at the same location?
Nicholas's answer
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Answered on August 19, 2015
You should talk to a tax attorney in your area. I'm not sure what you mean by tangible tax. If that is a tax on real estate, then that tax can...
Archived
I would like to put on benefit concerts to raise money for my community. Two of us wanting to do this project. Partnership, llc?
Nicholas's answer
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Answered on August 19, 2015
It's hard to say without knowing more details. But I will say, given that you're raising money for your community, you may want to consider a...
Archived
My husband didn't pay are file any taxes uscis wants it what should we do
Nicholas's answer
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Answered on August 19, 2015
You should talk to an immigration and tax attorney. The immigration attorney will be able to tell you how to deal with the USCIS and what impact...
Archived
Can a county force you to surrender your documents(W-2) with an ordinance and not an order from a judge? Is
Nicholas's answer
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Answered on August 14, 2015
This sounds like a fairly technical question of state tax law, I hope someone from KY responds. Generally there are ways to protest the imposition...
Archived
Can we switch homes with our daughter. Put our names on each others title then refinance.
Nicholas's answer
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Answered on August 05, 2015
You would have an income and/or gift tax issue depending on the exact terms of the transaction. If you each pay fair market value of the property...
Archived
I have a malpractice case going on for about 4 years nown my lawyers ask me for my taxs return why do they ask for things like
Nicholas's answer
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Answered on July 28, 2015
This question should really be asked to your attorneys for the malpractice case. But, yes, showing your prior income and how it ahs changed since...
Archived
Are there tax implications for filing an LLC in NY, NJ or DE?
Nicholas's answer
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Answered on July 28, 2015
It depends on what exactly your business is. But generally, each state will have different state-level taxes and fees relating to LLCs. If you're...
Archived
Can my LLC opt to be treated as an S-corp?
Nicholas's answer
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Answered on July 28, 2015
A member would be the equivalent of a shareholder for what you're talking about so unfortunately the LLC won't be able to be an S-Corp. The default...
Archived
How should a Partnership elect to be taxed if the intent is to put growth before profits?
Nicholas's answer
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Answered on July 24, 2015
A general partnership can only be taxed as a partnership. It cannot elect otherwise. You have significant questions and concerns and I believe you...
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