What is the best way to bring two current employees into my S Corp as owners?

Generally, workup a deal with stock value (method of payment), number of stocks from the existing shareholder or new issuance, eligibility of the...

What documents are required by law to file with the Los Angeles County Assessor when transferring real property. if any?

Generally, they need a new Grant Deed with property description, plus Preliminary Change of Ownership Report. The comments contained herein are...

Any way i can do anything to get my part of taxes and the rest of my information added so i don't have consequences for this?

Sorry about the trouble in your life. Your facts are unclear, you better meet with a tax preparer in person for consultation to present more...

What legal issues I could phase at the border in case I visit US later this year.

You need to prepare you non-filed taxes, however, you may consult an immigration lawyer first. If the IRS has informed you that you owe taxes in...

Can I just line out sons name, initial and date and add daughter instead as administrator to revoc. trust

You have posted this question because you need legal help. Having her as your executrix may not be your ultimate goal, if you like to disinherit...

Traditional IRA distribution ?Is this a rollover. If a rollover done 11/2015 can you take a distribution in 2016 anytime?

The rollover from a qualified plan to an IRA doesn't have anything to do with "distribution. Required Manadatory Distribution ( RMD ) will be...

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What is the proper procedure for privately selling a car?

You should be able to prove the ownership by inheritance, either through a trust, will, or probate proceedings. Then you will be able to present...

Can a beneficiary of a trust be compensated from the trust for legal fees for removing bad trustees?

Removal of a trustee requires judicial proceeding, associated costs, and may be reimbursed by the removed trustee from personal sources (outside...

How does paying taxes work with an LLC? May I use the money on new business expenses as a way to avoid paying taxes?

In California, LLC fees are franchise fees, gross receipt tax (not based on net income) and comparable to state tax, and must be paid regardless of...

Should I close the LLC and open a sole proprietorship under my name only?

An LLC is established fro various legal and tax purposes. Generally, spouse’s creditors may attach her or his property. There may be exceptions...