Business Lawyer
Practice Areas: Business, Tax
Many states and local municipalities have this type of tax. It works exactly as you've described -- businesses pay tax in an amount computed by...
You should be able to use a Schedule C-EZ unless you have a net loss from the Schedule C business, are taking > $5k expenses, or any of the other...
You should have stock transfer documents prepared by an attorney. Yes, there could be concerns. For example, transfers of debts often trigger...
In my experience it typically makes more sense to have an agreement governed by DE law where the corporation is a DE corp. Of course, you should...
A transfer without the presence of that term would not be void, but could expose the parties to securities law violations. The transfer...
Your attorney is probably referring to the $250k exclusion for sales by a taxpayer of their primary residence. That exclusion applies to the first...
You should seek counsel by a tax attorney that works with LLCs. The tax treatment of a sale or redemption of an LLC interest can be very...
Tax returns are generally confidential and shareholders wouldn't have a right to demand them absent some provision to the contrary in the governing...
Yes, this is possible. With a properly disregarded entity, taxes could be minimized, with DE franchise tax being the most significant concern. DE...
Because 401k assets are your money you are allowed to withdraw from the account. There are significant tax penalties for doing so, so you will have...
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