Can I start a non profit and be the incorporator, RA, and Administrator at my business? Is that smart?

I have dealt with so many non-profits from incorporation, certified audit, accounting, tax preparation and administration affairs. One of the first...

How much do I have to pay for the tax?

Based on information you provided, you may not owe any taxes. Chances are that your employer withheld adequate income taxes from your payroll, if...

How do I protect myself? (new franchise)

You may think that you are generous; however, you are advised to seek legal advice, to straighten out the situation. It is unclear what form of...

How are LLCs treated as a c-corporation taxed in California?

My colleagues have given you some good advice. LLCs may be owned by one member (Single Member LLC; SMLLC), or more than one member. Although enjoys...

Business on line

As other lawyers opined properly, first you must be authorized to work in the US in order to operate a business online or otherwise. I recommend...

LLC Tax Question

As other colleagues properly advised, if you have not elected to be taxed as a corporation, for the federal tax purposes, a sole member LLC is...

Estate planning question

It is admirable that you are so ethical, trustee and want to do it right. Unless the general power of attorney has a specific language to the...

Am i required to file taxes?

If you receive gift from no-resident aliens (your parents) in excess of $100,000 in a calendar year, you are required to file an IRS form 3520....

What can be done to avoid issues with IRS and FBI/FDIC when you loan someone large sums of cash to buy a house?

Under the Bank Secrecy Act, the banks are required to report any transactions in excess of $10,000 by filing the form 8300, as mentioned by a...

Find out why the employer did not withhold any payroll taxes, or jus income taxes. If they withheld Social Security, Medicare, Disability, etc.,...