Have stock in a S corporation of which I own 33.3% of a shopping center in Tiburon. Wish to give 75K annually to sons.

Your attorney gave you the correct advice. The value of the shares cannot be determine solely by the income generated. For instance, the appraised...

IRS-OVDI-Income Tax: Is Pre-Clearance advisable to disclose UK accounts under $12k? (Voluntary Disclosure of Offshore Accounts)

The response to this question dependes on your level of comfort with the risk you are taking. You will be faxing or mailing your request to the IRS...

Tax considerations for foreigner willing to incorporate a mobile applications startup in the US

US Corporations are charged between 15 and 35% based on the net income of the Corp. The higher the US income, the higher the tax. Delaware chages...

Removing name from Corp.

Simple question. Complex answer for which you will need an attorney to insure the result you want. First, you present a vague statement of the...

Which section of California Corporations Code states this?

See Rev. & Tax Code sections 23304.1 (a) & Rev. & Tax Code sections 23304.5. You must be in a lawsuit and seek a court order to rescind the contract.

I have a registered llc company on my name, but my work permit expired can i work for somebody as consultant true my company?

I have added "immigration" to your post as your post asks an immigration related question. You cannot work in the United States without a valid...

This is correct. It is franchise fee for the privilege of doing business in California, and is deductible on your federal tax return. It is a tax...

How do I present supporting documents in an IRS audit neatly and professionally?

You have not provided sufficent information for a response. What are you being audited for is the most important question? In many instances, it is...

Have known V.Namese girl since 8th grade. Now 23 working on Phd. Needs my $ support to finish. Can I file her on IRS tax

You cannot claim your student as your dependent because she is not related, to you. . Even if you could this does not provide much "tax relief."...

My wife and I owned an internet business in California. We moved to Arizona in 2001 and made a couple of mistakes.

You are definitely liable for sales taxes that you should have collected on your sales, and failed to report. to the State of California Board of...