You really should ask this question of an enrolled agent, CPA that prepares taxes or a registered tax preparer. Line 19 expenses can include a...

Let's start a square one by taking look at federal tax law. requirements. Did the inventor legally transfer the patent to the corporation? in a...

Non-resident alien and capital gain tax on incentive stock options

i agree with Attorney Harris. This is a very complex area of tax law that will also require complex calculations that cannot be performed on this...

Can a frivolous accusation be challenged and the excessive penalty's removed from previous returns? Balance still outstanding.

I agree with attorney Bezu. You have not provided sufficient information to provide a reasoned response. The IRS does have regulations for abating...

Do I have to pay taxes on compensation given to me for donating my eggs?

I reviewed Section 104 and I do not see a subsection that would apply to your situation. It seems to me that you are selling something you own....

I am partner of a company that was formed on May 8 2013 it is a limited liability Company and I am 25% equity owner.

It appears that you have a 25% ownership interest in the company. You should not relinquish your ownership without being compensated for the buyout...

What should I do first, file for bankruptcy or deal with IRS and EDD?

The magnitude of your tax/legal problems sounds like you have issues that cannot be appropriately addressed in a response on AVVO. Seek out a...

My company recently purchased the option to a script we want to produce but now my partner has gone rogue.

You cannot force an individual to sign an agreement. There is insufficient information to respond to your post. How is this person a "partner" if...

If a company is changed from sole proprietorship to S-Corp or LLC, will it affect the owner's will or trust agreement?

You can place the stock (corporation) or a membership interest (LLC) in a trust for a beneficiary. You can also give an interest to a beneficiary...

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IRS Payroll Tax problem - Seizure, Collection,etc

For the large amount of money you owe, you should have hired a tax attorney in the first place because you had too much to lose (your business) to...