Will I be required to pay income tax on my divorce settlement money?
In general, and subject to the terms of any court order, any alimony or support payments (other than child support) from your spouse to you will be...
Lawyer
In general, and subject to the terms of any court order, any alimony or support payments (other than child support) from your spouse to you will be...
You received property--the promissory note--not cash. So you are taxable on the value of the property. If the tenant is already in default, your...
A professional performing services is not protected by the veil of a corp or LLC. He is responsible personally for his own wrongful acts. So sue...
Both employers and employees would generally prefer the independent contractor status because it’s simpler and permits the worker to avoid taxes...
In CA, every contract includes an implied covenant of good faith and fair dealing. In egregious cases, I suppose "rude manipulative behavior"...
In the absence of an operating agreement, a controlling member may not remove a minority member. This is a violation of the controlling members's...
Your only recourse appears to be dissolution of the corp on grounds of deadlock. The court will divide the corp's assets equitably and, if you...
CA is one of the most consumer-friendly states in the Union. The general rule is that interest in excess of 10% per annum is usurious and may not...
As to personal income taxes, you have a problem. You should ask your CPA. You may need to hire a tax lawyer to approach IRS and FTB on a...
Your statement of facts is lacking. Who is the banrupt? Your mother? Who sold her the machines? the Bankrupt? The " guarantee by a third...