Taxes on forgiven debt.

Income on forgiveness of indebtedness must be reported. You may be able to exclude it in some circumstances by filing a form 982. You can learn...

How do I get someone running a fraudulent business and not paying rent out of my home more quickly than an eviction ? ?

I have found it is better to evict tenants rather than have them arrested. You still have to proceed with the eviction process even if they hold...

Hi, I plan to open a bridal salon next yr. Can I legally resell designer sample gowns or wholesale dresses? Is there a limit?

There is more. The feds want their cut of the action also. They want to give you a number. If you're going to have employees you need to set up...

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You can file your taxes as married filing separate. You can prepare a married filing joint return and show him what it would look like. Maybe...

Where do I incorporate our business if I am a truck driver have no "home" ID says Ca but products are shipped out from MS?

Yes, you can incorporate anywhere without living there. You only need to register in those states where you conduct business. The statutes for...

How can I stop my car from being auctioned after what I consider an illegal repossession?

If the secured creditor owns the note and lien then they are treated as the original creditor for Fair Debt Collection Practices Act purposes and...

Are docters obligated to tell patients MRI results when a problem is present ?

A doctor that undertakes the duty to treat a patient has a duty to diagnose and inform the patient of the diagnosis. Doctors are not infallible...

I have received a letter they want me to return the car because they were not able to assign the contract to a finance inst.

I'm sure they'd rather sell the car to you than get it back. They just want to get their money out of the deal so they can buy more cars and do...

Am I responsible for my partners action in llc

Even with LLC protection you may be looked to for debts of the LLC. One of the biggest is the IRS and employment taxes. If you are a "responsible...

TRUST VS LLC.

There is no one size fits all plan. The best process is to meet with counsel and lay out your objectives, timelines, assets and liabilities. They...