Questions answered by Henry Daniel Lively

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US citizen and Canadian citizen starting a business together ( joint Venture). Define best corp structure.

Henry's answer | Answered on October 24, 2011

I agree with the other attorneys response. If you are looking at a corporate structure the C-Corporation is the only available structure since...

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What do i do now that i have been contacted by the irs to seize property.

Henry's answer | Answered on October 24, 2011

The trust fund taxes are not discharged in bankruptcy and the interest and penalties continue to accrue. However, you still have several options. ...

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Is a settlement for lost wages due to wrongful termination taxable in Texas? And if so the rate?

Henry's answer | Answered on October 24, 2011

This will absolutely depend on how the amount was classified in the settlement agreement. This is usually an issue that should be resolved prior...

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Do I need to pay old sales taxes owe from a business 10 years ago?

Henry's answer | Answered on October 24, 2011

If the number was used with your consent you may be a responsible party for these taxes. However, if this was done without your consent it would...

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Siblings own property in Pa with right of survivorship. does descendant estate pay inheritance tax?

Henry's answer | Answered on October 24, 2011

Looks like you asked this question twice. Please refer to my first response to this question.

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If I start an online business and I make money, what kind of taxes do I have to pay on it

Henry's answer | Answered on October 23, 2011

I agree with the other attorneys that responded. This is a very open ended question. if you are unfamiliar with tax matters of a business, you...

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Hi, my GF inherited the home and there are back taxes due...2 yrs worth @18,000 and there is no mortgage on the house...

Henry's answer | Answered on October 23, 2011

Property taxes represent a secured lien on the property and would not be discharged in a bankruptcy.

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My GF and her brother both are 50% owners of said property and back taxes are due. The brother has had nothing to do with any...

Henry's answer | Answered on October 23, 2011

This is not technically a tax question, but more a real estate question. You may get a better response posting the question under the real estate...

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What are tax consequences of DIL?

Henry's answer | Answered on October 23, 2011

There is no cancellation of debt income from the cancellation of debt on a "non-recourse" mortgage. Therefore, there are no tax consequences for...

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What can i do about a state tax lien thats on my credit report that is not mine

Henry's answer | Answered on October 21, 2011

If you are getting the run around he may be time to hire legal counsel to represent you and possibly take legal action if necessary.

Henry Daniel Lively's Answers (4728)

US citizen and Canadian citizen starting a business together ( joint Venture). Define best corp structure.

What do i do now that i have been contacted by the irs to seize property.

Is a settlement for lost wages due to wrongful termination taxable in Texas? And if so the rate?

Do I need to pay old sales taxes owe from a business 10 years ago?

Siblings own property in Pa with right of survivorship. does descendant estate pay inheritance tax?

If I start an online business and I make money, what kind of taxes do I have to pay on it

Hi, my GF inherited the home and there are back taxes due...2 yrs worth @18,000 and there is no mortgage on the house...

My GF and her brother both are 50% owners of said property and back taxes are due. The brother has had nothing to do with any...

What are tax consequences of DIL?

What can i do about a state tax lien thats on my credit report that is not mine