Am I still liable to pay back taxes from a business that is no longer in business? Fed tax lien on credit for 262,533

Tax liens against you are usually not uncollectible debts. You need to contact the government agencies that filed the liens, and find out what is...

Need to lend money to a family member who will put up their property as collateral. How can i protect myself from loss?

I agree with the first attorney that answered the question. In addition, you should record a deed against the property and record it immediately...

This is a confusion question. It unclear whether this is a tax question of divorce question.

On my tax returns last year there was a bonus included of $1000 and I paid taxes on that income that was never received.

This is a labor/employment question. Calfornia has some of the most favorable labor laws for employees in the United States, and numerous labor...

Dismissal With Prejudice

It means that your case has been dismissed and you cannot re-file the same action against the same parties. Put another way, your current case is...

Single meber LLC or two members?? no resident alien

There are some unanswered questions. Do you intend to pay large down payments to purchase the properties. If not, a bank will not finance a new LLC...

I was gifted 20% of an S corportation, I have decided to leave and start my own business. the owner wants to file chapter 11

Probably not, so long as you do not engage in fraudulent conveyances between the new corp. and the old corp. I would document my exit from the old...

I have been unemployed for a few years so i didnt file taxes.. how do i go about squaring up with the Gov.

You may not be required to file if you were unemployed. Contact a tax preparer for a determination.

Business Law help?

This is a complicated situation because you are considering doing business in various states which may have different laws applying to the...

I would like to reorganize my performing arts school as a non-profit. Is this possible?

I would recommend tha you create the non-profit separately, and not attempt to "convert" the sole-proprietorship into a non-profit to avoid any...