How does a subchapter S corporation handle a receivable from the stockholder when the stockholder files bankruptcy?

The question was how does the corporation treat the bankruptcy for tax purposes. This is not a bankruptcy question, this is a tax question, best...

How can I get possession back of my property from tenant in default? Executed a residential lease agreement w/option to purchase

You started the process, you need to complete the process. Finish the appeal or you won't get rid of them at all. One side benefit of finishing...

I purchased 2 puppies from another state she refuses to release them as agreed. At what state do I file a law suit mine or hers?

If you signed a contract, the contract might state where a lawsuit needs to be brought. Otherwise, the answer depends on where the contract was...

Is there a way to transfer a tax ID number from sole proprietor to a newly formed corporation in Texas

I can see why one would want to transfer an FEIN from a sole proprietorship to a corporation or LLC - there are major hassles involved in changing...

You have a professional license. Therefore, in California, you are required to either practice as a sole proprietor or as a professional...

I'm starting up an LLC. Is it possible to add a partner if he has IRS debt and bad credit?

I agree with Mr. Martin and his reasoning, in that it's a bad idea to give this person any ownership interest in the LLC, or to give him any access...

The judgment creditor could also garnish wages paid to you by the S corporation, or obtain an assignment order for any S corporation distributions...

Can I work 40 hrs/wk and be denied a full-time status with benefits while employee handbook states full-time is 32 hrs or more?

IMPORTANT: This answer is made available for educational purposes only. There is no attorney client privilege between you and the attorney...

You need directors and officers to have the authority to sign documents and open a bank account. 1. Directors must first be appointed by the...

Can I sue Kentucky Child Support Services for child support fraud for not doing there job.

Avvo does NOT list Kentucky attorneys, so it is unlikely that you will find an attorney on this site to answer your question. There are a few...