Is rental property considered an additional income?

This is not a tax question. It appears to be a divorce question. Please add tags for divorce and alimony so that an appropriate attorney can answer.

LLC vs 501(c) 3 - SHOULD WE DO BOTH?

Your question does not provide enough information. First of all a bona fide church is protected by the First Amendment is not required to file tax...

I worked (scheduled)for 5 months in a startup company, with the promise of future compensation and ownership.

Please state a question that you would like answered.

Does my company's stock plan need to be signed to become legally binding or is it enough if the company's board approved it?

This question is both 1) too complicated for AVVO, and 2) requires information which has not been provided, and if it were provided would be too...

You are correct in that you are not required to file form 3520. The IRS instructions to the form indicate that a"U.S. Person" must report the gift...

In 2012 both my parents turned 65 and they received social security benefits. Should they file tax return?

Social security income is only taxable above a certain amount of income. Your parents income is probably not taxable if this is their only source...

Dissolving LLC due to member disagreements and starting S-Corp to conduct same business

There is some vague language in your post that could give the "ousted member" some rights. First, you state that the "he LLC negotiated a contract,...

When i register the company as a corp and do I make the director the manager that's moving? L-1 visa based question, thanks

As Attorney Parikh indicated, this is a complex matter because you have not provided enough information. The best approach is to develop a business...

Can my brothers kick me off or change our corporation where we are all 1/3 rd owners?

When a corporation is formed, you are issued shares of stock in the corporation. Were you issued your stock certificates? You have not indicated...

Oklahoma shareholders have the right to inspect and make copies of the corporation’s stock ledger, shareholder list, and other corporate books and...