Hi I have a question

Most stock transactions with private C corporations are through direct purchases from the company. Of course, there's a myriad of securities rules...

You should check to see if the LLC operating agreement addresses responsibility for tax preparation fees. (The sales agreement may be silent on...

Health Care Tax Deduction Rules for Single Member LLC (taxed as S-Corp).

It sounds like you are most likely taking the above-the-line deduction for premiums by a self-employed person. This deduction also extends to...

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LLC for foreign company. The purpose of this question is to get some ideas and brainstorm before we hire a cpa/lawyer

Your overall situation is very complex so you should engage an attorney before forming any entities or conducting business. However, it sounds like...

Getting married May 2014 and want to contribute to my fiance Roth IRA for 2014 tax year.

Given Mr. Wagner's advice (which I fully agree with), you may want to look into the ability to make (potentially non-deductible) contributions to a...

How much do I have to pay for tax on the settlement?

I agree with Lawrence that the tax treatment depends on the nature of the claim being settled. I would also point out that you should speak with a...

Would short-selling a condo held in deed and mortgage only in my name affect my husband's credit? What are my tax repercussions?

The tax treatment can be very complicated, and whether you would be deemed to have ordinary income from the discharged debt could vary depending on...

Is it legal for my employer to tax me for a state that I no longer live in? And incorrectly input my payroll information?

The short "answers" to your questions are "yes," it is legal for your employer to withhold state taxes from a state you no longer live in, and "no"...

Can an LLC that has declared an S-election own 100% of an S-corporation?

The tax code and regulation do permit the structure you've described (an LLC taxed as an S-corp) owning 100% of another S-corp, provided the...

In general, many jurisdictions that impose a real estate transfer tax exempt certain transactions between related parties (as here, between you and...