Is there a loophole where it's legal for an Employer not to deduct Federal Income taxes from my paycheck?

Contact you remployer and determine why no withholding for federal income tax was taken. Did you file exempt on our W-4? Were excessive exemption...

Can I put more than one company under a corporation?

'One size fits all" will probably not work for you in this situation because of your different relationships and/or purposes. For instance, you...

Opposing counsel cannot get your tax forms from the IRS without your express consent. Good luck! Phillip M. Smith Jr. Los Angeles Tax &...

California Franchise Tax Board

Yes. The FTB keeps records indefinitely. Whether the FTB will investigate all the prior years is up to the agency.

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You must send a written request to the EO Determinations office in Cincinnati. The request should be submitted using Form 4506-A, or in a letter...

Does a new minister recently moved into USA liable to pay estimated taxes?

There are too many unanswered questions. What is the "new minister's" immigration status? Does the minister have a work visa? What is the nature of...

I have rental property that I run under an LLC. The title is under my personal name. Can anyone come at my personal property?

Yes, because title to the property remains in your name. Title must be in the name of the LLC to protect the asset. Good luck! Phillip M....

My company (S-Corp) is having a dispute with another company. Can this company take any action against me as an individual?

The company can file a lawsuit against you. Whether it will be successful is another matter. See a local business attorney before a lawsuit is...

Can our managing partner refuse to provide a monthly financial statement when it is called for in our LLC agreement

Probably not. See an attorney and have him/her to interpret the operating agreement of the company. Most state statutes also provide for rights of...

I am thinking of buying a used 2004 auto worth blue book about $7000. I have ca and IRS tax liens (and perhaps levies)

The liens will attach to the vehicle. California Code of Civil Proc. Section 704.010 provides for an exemption in the amount of $2,300.00. You can...