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I'd like to know if theres a big tax difference, in general, between the gradual sale of a business and an outright sale.
Michael's answer
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Answered on September 18, 2012
Whether the sale of a business is outright or gradual, the price still being same, the capital gains tax would be paid either all at once or...
I was reported falsely to Adult Protective Services for elder abuse, How do they determine my innocence or guilt?
Michael's answer
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Answered on September 18, 2012
If you have been falsely accused, you can take legal action against her. One is for filing a false official report and the other is for libel /...
Archived
Estate holder doesn't cooperate during transaction. What should I do?
Michael's answer
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Answered on September 18, 2012
Mark is correct. That is the best way to handle the issue - and you'll be able to go forward from there. Hopefully you won't have to sue the Estate...
Archived
Iam going to have money from selling a property from my original country and want to transfer it to a bank in U States.
Michael's answer
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Answered on September 18, 2012
As a Green Card holder, you are a United States Taxpayer - and because of that you have a legal tax obligation as part of that privilege. I'd sit...
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Archived
I want to sue my company. They will be bought by another company soon. Do I have to file before they are bought?
Michael's answer
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Answered on September 18, 2012
On what basis would you sue? If you're not a shareholder, you own no stock. Someone else has come along and made an offer to buy and you have...
Archived
My current employer is being bought soon by another company. Do I have to file/sue before they are purchased?
Michael's answer
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Answered on September 18, 2012
It is perfectly legal for one company to be sold to another company that has tendered an offer to buy its stock. Nothing wrong there. Apparently...
Archived
Security Deposit
Michael's answer
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Answered on September 17, 2012
(1) You can send a demand letter, highlighting the pertinent provision of your Lease Agreement; (2) You can take the case to a Small Claims Court...
Archived
Can I repossess the equipment I bought for a partnership after I have left the business? She has faulted on her monthly pmts.
Michael's answer
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Answered on September 17, 2012
Your best option at this point may be dispute resolution - either through an Arbitration, a Mediation or even Litigation if needed. I recommend...
Archived
My son signed a written contract between his so called electrical partner and himself
Michael's answer
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Answered on September 17, 2012
The contract terms and conditions control the outcome. First of all, if your son is not a minor but is legally an adult - he has probably entered...
Archived
If I have a name trademarked can I force my competition to stop using a similar name?
Michael's answer
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Answered on September 17, 2012
Possibly, depending on whether the name is confusing to the general public. Look on Avvo.com for a Trademark & Copyright attorney and sit down to...
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