Can I file IRS taxes as Married and Jointly if I am separated and still going through the divorce

Since you were still married at 12/31/13, you are permitted to file under "married filed jointly" status, but it would still be a joint return and...

Was the IRS debt foregiveness rule extended after 2013

The exclusion you're most likely referring to has not, as of now, been extended beyond 12/31/2013. There is at least one proposed bill before...

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As another attorney already mentioned, the two methods would be to have the "retiring" member transfer their interests either to the continuing...

Tax considerations for foreigner willing to incorporate a mobile applications startup in the US

Your decision whether to incorporate in the US or a tax haven (or your home country) is a very complicated decision and should be based on more...

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I am interested in setting up a record label that exists as a charity.

It is possible to create the structure you describe. The organization would most likely be a "supporting organization" if it donates to other...

What are the tax consequences if a property owned by S corporation is sold to its share holders for less than it was purchased?

The S-Corp may not be able to recognize the loss under the "related party loss disallowance" rules. Since S-Corps are passthrough entities, this...

Can I use the same tax ID number when I add a second business now have an LLC this one will be a partnership? OutsideContractor?

Your first question is fairly simple -- the new business will need a new EIN / tax ID. The second question is trickier. While you don't need a...

Two animal-rescue 501(c)(3) organizations trying to figure out how to 'share' a donated property.

As another attorney mentioned, this arrangement could raise UBTI (unrelated business taxable income) issues for the renting organization. UBTI can...

What is the procedure for closing my 401k account and cashing it out without terminating my employment?

Your 401k money is yours and you're correct, there's no law that restricts your ability to withdraw that money. However, most...

My Federal income tax was interrupted by the Department of Higher education, I wrk for a non profit org. I made payments n past.

Nonprofit entities are not generally taxable on their income, but their employees are. I don't believe you have a basis for not filing/paying...