Is it better to form an S-Corp or a LLC if I plan to give an investor 5-10% of the business?

A shareholder in a Sub S corporation has a legal right to receive the exact percentage of profits in direct proportion to percentange of shares...

You do not have to file a tax return if you have nottaxable income for the year. Be careful because you had to have received money from somewhere...

Do I hav eto file taxes every year or is there a way I can put off and double it the following year?

You are required by law to filed tax returns every year. If you owe taxes for any given year may result in you being assessed penalties and...

Can I file Head of Household if married to a nonresident alien?

You cannot file head of household if you are legally married and living with your spouse. Your filing status is either married filing joint or...

Can we seek damages if our school's accrediation is pulled out without any notice

I agree with attoney's McCalls answer. In addition you need to take your documents to an experienced attorney who can review these documents and...

no Phil Smith

Tax laws for LLC

This strategy my work if your LLC has elected to be a Sub Chapter S Corp because this a Sub S tax strategy. Otherwise attorney Larson is correct it...

No. The state of California does not pursue individualcorporate officers for the unpaid minimal franchise tax. Also you cannot legally dissolve the...

The judge wants to have a telephone "conference". How can we protect ourselves?

Conferences are no unusual in Tax Court matters.Your assertion "when in fact what they intend to do is hold a hearing" cannot occur because it...

If you earned unemployment and food stamps and virtually nothing else over the course of 2011, will you have to pay taxes?

Mr. Lively has provide you with a comprehensive answer. You only chance for a refund is an earned income tax credit. You have a simple return that...