You might have a few options; however, your post contains a lot of issues that will require some time and effort to unpack. Further, guidance...

Some particular forms must be completed and sent to the appropriate parties to property file for an offer and compromise. So, the question is...

Royalties can be taxed on a personal income tax return and do not necessarily trigger the need to form a company. However, depending on the...

This happens occasionally. I have seen families go to war with each other over conflicting trusts. As Stephen advised, you might want to engage...

Charles is correct; the LLC member must pay income taxes on their share of the LLC's income. Notice I did not say cash distributed to you but...

You should be able to claim it on your tax 2021 tax return. The IRS is expecting this on alot of return this year, Best Regards.

So if you give your friend the cert to go purchase something for your company to resell then your friend is acting as your agent / employee. When...

It depends... After Wayfair if you exceed a predefined number of transactions or amount of sales in a given state, it does not matter that you are...

Remember why selling most stuff you are taxed on the next profit not the gross sale. If the stuff you sold was previously purchased some years ago...

I agree with what Matt stated above but will add entities should purchase property for some business purpose. Otherwise, it would look like you are...