I have a lein against my daughter and son-in-law on property that taxes have not been paid on for 2011. If not paid before Nov

Depends on the nature of the courthouse sale. Normally, property taxes are "senior" to any other lien so they will be satsified before any other...

In the absence of an operating agreement, the laws of the state where the entity was created will control and usually provide a basic framework for...

My partner in LLC based in California refuse to file taxes or pay them. He is not us resident or citizen but he is using US tax.

At the risk of over-simplifying, you need to either take control of the LLC or get yourself out of it to prevent his actions from harming you. The...

This is first time I am doing a corp-corp contract with a company based out of Virginia.

You're wise to recognize you're in new territory as there are many important issue that arise when corporations contract with each other. However,...

Is there a was to keep the IRS from taking my mother's life Insurance payout to me?

It's unlikely that the IRS will take the funds you're receiving from the life insurance distribution unless they've already setup an attachment...

Gift taxes are an often misunderstood part of the tax code and you ask a very good question. The gift is taxable to the donor (the person giving...

Startup LLC-avoiding California franchise tax. Other entity options as a one-person startup business?

Unfortunately, the answer is "probably not." If you're doing business in CA, you need to be registered there. Forming an entity in another state...

Do I have to pay for the entire mth when Mgmt co gives me 3-day and I turned in 30-day, but only stayed 10 after my letter?

I agree with my colleague. If you gave 30 day notice but only stayed a portion of the time, unfortunately, you'll still be liable for the entire 30...

Does california require an operating agreement?

No operating agreement is required in California and if you're a sole member LLC, it would make little sense from a practical standpoint. However,...

Would it be cheaper to set up an llc in another state and pay the fees for doing business in california?

If you're going to be doing business in California, you'll need to register in California no matter where you setup the LLC so probably better to...