Tax help for a divorced father with two children.

She's probably referring to the earned income tax credit. It is a refundable credit, which means the government will cut you a check even though...

Can we fire a member of an LLC in CO if we don't have an operating Agreement?

A couple things worth noting. First, the names of the members do not need to be on the articles that are filed with the Secretary of State. The...

How does a horsemanship academy go about applying for non profit status?

It depends on the type of nonprofit. Some can receive donations that are deductible for tax purposes by the donor. Other don't pay federal income...

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We play for a softball organization, that has been granted their 501(c) status. Are we entitled to view bank records?

Under the Treasury Regulation 301.6104(d)-1, the organization is required to make its exemption application (Form 1023) and its annual federal...

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Move internet based business from US to Caribbean.

As already mentioned, this is an area where you must be very cautious and must have a competent advisor. Usually, one of the main reasons...

Does the Colorado LLC act come first, or does an operating agreement comes first with regards to member's rights?

The answers to your questions will depend on an analysis of the operating agreement along with the Colorado LLC Act. As Mr. Rich has pointed out,...

Is there any proving the IRS wrong?

At this point it is very important to read every notice the IRS has sent to you and pay special attention to deadlines for appeal rights,...

If the government passed a law that stating Internet sales have to collect sales tax and sellers don't what would happen?

If you purchase an item on the internet and the seller does not collect Sales tax, then you are obligated to self report the purchase to the...