If EMC changes from Corp to LLC does it affect the title who owns the note or do they need to change. by record.

I need more information, but if the change you refer to is from Corp to LLC,, that is possible pursuant to a statutory conversion (certificate of...

Hello, my CA LLC ended business in 2005 (paying all taxes due then). But then I never actually dissolved the LLC.

Your accountant is correct. If you don't ever seek to use the corporation or LLC, and there are no outstanding debts or obligations of the entity,...

What is the fees to register an LLC in California? Going forward, what is annual fees regarding keeping the registration of LLC?

In addition to the below answers, if the business has gross receipts (sales) in excess of $250,000, the Gross Receipts tax applies, which is $900 a...

My now deceased husband bought our house & put it in a 'S' Corporation prior to our marriage. I am now the only shareholder .

I would probably leave it (based upon certain factual assumptions). The reason is that the S corporation, unlike a partnership/LLC does not allow...

Would I be charged by Los Angeles County for a second, subsequent transfer to my son of the title on my condominium apartment?

You have to be very careful here with property taxes. In making your son the sole owner, you will completely change the ownership of the...

If bank funds were transfered to a beneficiary 1 year before a decedent's date of death, would these funds be part of the estate

You are correct on the tax side - IRC 2035 and 2036 - 3 years from date of death on certain transfers On the probate side, if the gifts were...

If I formed my LLC in October of 2012, do I need to pay LLC fee for the year of 2012? Or just 2013, at the time of tax filing?

Yes. You have to pay the $800 tax for 2012 on 4th month of following year. April 15 2013

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The s corporation election is an IRS tax election and has no relevance on who can be a shareholder of a professional corporation engaged in...

Minimum California franchise tax for final year of corporation

Yes. The 800 minimum tax is due for each year the corporation is in existence. There is no way not to pay this unless you let the corporation go...

When funds in a family irreversible family trust are distributed to beneficiaries, who pays tax on any short or long term gains?

Here's the good news, typically, property held in trust that becomes irrevocable upon the death of the grantor will get a 'step-up' tax basis equal...