Failure to transfer title is NOT a Felony. However, you want to keep your record clear and I highly recommend you retain a criminal defense...

My cousin-in law and her fiance stayed with us for over a month and a half. Plan was to help pay us in rent and electricity.

You have a classic case of being abused by relatives who took advantage of you - and then 'flaked out' in leaving you holding the bag so to speak. ...

In intestate cases does the surviving spouse whose name is not on a vehicle's title have a legal right to that vehicle ?

Many states have a DMV document which instructs the DMV to transfer title on proof of death, and a Death Certificate may be used to make the title...

What to do if my business doesn't make any money to pay promissory note?

There are more than one answer. First, assuming the financial statements were given to you WITHOUT being first Audited by a CPA, then you may have...

Both Phil and Mike are correct. The taxpayer identification number ('EIN') that is issued to the Company by the IRS on its formation doesn't...

Under what circumstances would it be advisable to separate your building from your business into a separate entity?

From a Liability standpoint, this can make sense depending on the circumstances. The two are essentially separate holdings. It is just that one of...

If I were to form an LLC, will I be able to write off equipment that was purchased before becoming incorporated?

If you were operating as a Sole Proprietor before forming the LLC and the business equipment was business related, you are probably okay with...

If you purchase 100% of a business mid year, do you and the former owner have two separate tax returns?

The business is the one that owes a Tax Return. Consolidate the books and records of the business and file the Tax Return using a Certified Public...

I sold a business in my town 2 years ago with a clause saying i could not open another business in that area for 3 years.

You are referring to the Non-Competition clause of your Sales Contract. If the business is essentially a 'competitor' to the old business, the...

Medicaid typically has a '5-Year Lookback' rule that applies so that Medicaid can recover the $$$ it spent on nursing home costs etc. However, not...