Archived
I have a small business not doing well. I have $14000 late payments tax equalisation. They said they will take everything I have
Michael's answer
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Answered on January 10, 2013
I'm sorry that you are in this situation. If you have closed the business you can make an offer in compromise (essentially a settlement offer). If...
Do I need a sellers permit for each DBA?
Michael's answer
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Answered on January 10, 2013
You should make an appointment to talk with a representative with your local BOE office. Revenue and Taxation Code Section 6067 and Art. 18 Reg....
Archived
How much tax I would have to pay after selling a property (house) which I am inheriting 50/50 with my sister after my mother ?
Michael's answer
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Answered on January 09, 2013
I agree with Mr. Sanchez. Any tax owed will be calculated on the difference between the value when you inherited the property or 6 months after...
In CA, when husband and wife transfer their joint tenancy property to a revocable living trust, who owns the property?
Michael's answer
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Answered on January 08, 2013
Generally when a spouse dies, the decedent spouse's interest in the house is placed in an irrevocable trust. The surviving spouse still can do...
Archived
Income taxes?
Michael's answer
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Answered on January 08, 2013
Without more information this sounds like a gift. You wouldn't have to declare it as income on your taxes, however your grandfather may have to...
Archived
CA franchise tax $1600 for 5 months of operation for a single member LLC?
Michael's answer
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Answered on January 08, 2013
That is correct. The LLC Fee is assessed for each calendar year that the LLC is in existence. It doesn't even matter whether you conduct any...
Archived
My FULL name's been Black Hat SEO deformation blasted to pornography sites etc. in the 1000's & associated with child porn/abuse
Michael's answer
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Answered on January 08, 2013
It does sound like you need to retain an attorney. I would gather all of your documentation and schedule an appointment with an attorney. That...
Archived
Can a beneficiary ask the court to remove a trustee for cause and replace them with a professial trustee ?
Michael's answer
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Answered on January 07, 2013
I agree worth attorneys Staub and Mason. If the current trustee has breached his/her fiduciaries duties or committed some material wrong you can...
Can I use my LLC to get a PTIN if I have one personally?
Michael's answer
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Answered on January 07, 2013
It sounds like you would be the only member of the LLC. The IRS considers a single member LLC as a disregarded entity. This means that you would...
Archived
Land owner has our home up for sale /
Michael's answer
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Answered on January 07, 2013
I agree with Attorney Tan. Your landlord has to give you reasonable notice before entering the property, and this includes showing it to potential...
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