Escrow did not close on June 10th!

It is common for an escrow to be extended beyond the close date. However, your agent should be giving you a copy of the purchase agreement and you...

The requirements for forming a business can be found at the Secretary of State. The requirements for licensing of a senior care business are...

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Hello, I am in California and have just been approved for a 90 medical leave of absence through my employer.

You may or may not vest in your 401k if you take a leave of absence. Best to sit down with an employment attorney to go over your options.

Does the IRS considered borrowed money secured by a promissory note taxable income?

The loan should be reported by the LLC in the balance sheet as a loan. There shouldn't be any income tax due on the receipt of funds, so long as...

Is there a legal difference between spirituality and religion?

A religious or spiritual nonprofit organization can be formed for almost any purpose. The application for tax exempt status is onerous. Best to...

How can a Canadian citizen run business in US

There are a lot of issues to go over with business and taxes. The main issue is withholding taxes to a foreign taxpayer. You also don't want to...

Planning for business expenses

There is a lot that you can do to plan for upcoming expenses in a business. There are too many types of expenses to go over here. The best thing...

Can you get a large gift from someone not related to you (may be a friend of my parents) ?

Yes, you can receive a gift from someone and under your circumstances there shouldn't be any gift tax consequences.

Do medical providers have an obligation to accept a patient's health insurance when the provider is part of the network?

Whether or not a medical provider accepts a patient's health insurance should be a question that can be answered by your health insurance provider....

Do I need to pay a sum at the end of a lease purchase agreement to make it valid? Can I have someone review my agreement?

To give you the proper advice on how to exercise the option, you'll have to have an attorney review the agreement. As for the sales and use tax,...