The US Treasury Dept explicitly details a multi step due diligence process when there is a false positive match with the list. Based on your...

Get an attorney immediately. It sounds like he does not care about the company and will not care about using any sources of funds to pay for...

She would have gift tax issues to deal with and because it would be considered a gift you would get her original basis in the property which means,...

This is not so much a legal question as it is an accounting question related to separation of duties and fraud prevention. As a CPA attorney...

So not sure exactly what your relation ship is with the other party. You first use the word employer and then you talk about submitting invoices...

I agree with what Jane said but want to add that you are correct in looking at liability issues. As a board member you want to the organization...

Loans are not income so not taxes result. If the person is purchasing an interest in the company then they are receiving ownership for the money...

I agree with Stephen but will add that your tax issues could be separated from his by filing as married filing separately in stead of jointly....

Perfectly legal. In another life before I became at attorney I worked in collections and did similar stuff. I agree with what others above have...

While you have not told my why it was turned over to the state I am going to assume that is was escheated to the state as unclaimed property. If...