Archived
My tax consultant did not properly estimate my taxes on an ISO and ESPP sale in May. Now owe $80K more. She is still confused.
Michael's answer
|
Answered on March 12, 2014
With $80,000 of tax liability on the line, your best option is as you state: engage a quality tax attorney to straighten this out.
Archived
How can a foreigner hold shares in a Delaware S Corporation?
Michael's answer
|
Answered on September 25, 2013
With regard to your first question, on residency rules: the restriction you mention prohibits “nonresident aliens” from being shareholders of S...
Archived
I started a C corp in 2011.it has had no income or expenses.but the state of CA has demanded I file a tax return.Am I liable
Michael's answer
|
Answered on September 16, 2013
On the first question, the corporation may or may not have a 2011 tax filing obligation. Under the "Tax Year of 15 Days or Less" exception, The...
Selected as the best answer
Archived
I was due a refund from California Franchise Tax Board. What is the deadline to file the return to get the refund?
Michael's answer
|
Answered on April 21, 2013
The FTB uses a different standard than the IRS. Pursuant to California Revenue and Taxation Code section 19306, a California claim for refund /...
Is IP contribution to LLC taxable?
Michael's answer
|
Answered on October 10, 2012
There is no tax on contribution of property to an LLC taxed as a partnership in exchange for membership units. Internal Revenue Code ("Code")...
Selected as the best answer
Archived
I last worked in july of 2004, and owed $500 in taxes. Is there a tax amnesty program and if so, how would I qualify and apply
Michael's answer
|
Answered on June 08, 2012
Did you file any tax return for 2004? How do you know you owe $500 in taxes? Did you receive a W-2 from your employer back in 2004?
Depending...
Ad
Transform legal challenges into solutions.
Connect now to review your situation.
The Avvo Rating explained
The Avvo Rating explained