Do I have to pay capital gains?

Vital facts to find out here is how much you paid for the property when you bought, how much you paid for repairs you made to the property while...

Someone filed chapter 13.I am a creditor and believe they committed fraud as far as borrowing money from me.is there recourse?

While I agree with my colleagues that, in order to achieve what you aim for you may need to perform bankruptcy court litigation, some attorneys may...

All persons who have been shareholders during the tax year of the LLC need to receive a K1 at the end of said year.

How to get income tax info in a divorce case?

What my colleague means by discovery is asking questions in the written interrogatories you send your husband and asking appropriate questions in...

I commit forgery, do i get arrested and deported? do i need attorney to talk to embassy? what going to happen if i get arrested?

This is more an immigration issue.

Can money be taken out of a bank account registered as an LLC if the debt is personal and owned by the president of the LLC?

If the LLC has only one member and the "check the box" form has not been filed then the IRS will not recognize the LLC form. This could very well...

If a collection agency comes and takes your vehicle....what can u do to get it back?

One thing you can do is file chapter seven, claim the automobile as your property and exempt (if indeed it fits within the exempted value), and, on...

Why are cigarettes legal

It's a combination of history and politics. The tobacco lobby is quite powerful. Also, back in the 1600s Britain may not have invested in...

My daughter is an up & coming actress. Is there an advantage to create an Scorporation and capitalize expenses as start-up?

One idea you may do for your daughter is to create a Limited Liability Corporation for her. This would minimize the administrative cost, though...

A boss I know paid his employees under the table now being audited he says he will pay all back taxes owed

One problem here is that the I.R.S. may say that the person you know not only did not pay his taxes, but did so fraudulently. This would compound...