As an IBEW 648 Hamilton, Ohio Electrician employed by an IBEW 212 Cincinnati, Ohio Contractor, can I claim my mileage to and from various job sites? Specifically, can I claim mileage outside of my 648 jurisdiction, and what documentation is required?

May 2nd, 2023

How can an individual who sold a real estate investment property pay the least amount of capital gains tax, especially if they have a business managing the rental property and want to accrue the sale to the business instead of themselves?

January 1st, 2023

I made $41K this year and had proper taxes taken out, claiming 0. I also received approximately $15K from my mom's death, some of which was taxed. I withdrew a pension plan for $45K and paid 25% taxes on it, plus a 10% penalty. Do they take the $41K, $45K, and the money from my mom, add it all together, and tax it as if I made over $100K, putting me in a 28% tax bracket overall?

November 8th, 2023

If I'm selling a business (a going concern) and file in several states, what are the legal and tax implications for withdrawing from the states with the Secretary of State, especially in the case of an LLC or a corporation in North Carolina, and how does this process change if the sale is mid-year and the company plans to keep the name for a period of time?

December 5th, 2023

I need assistance with drafting a stock purchase agreement for my LLC, which is taxed as an S-Corp, located in New York. I have an informal offer from a buyer to purchase my LLC, and I am unclear whether I have 'stocks' to sell and how many. Additionally, the business has an outstanding EIDL loan backed by the SBA, and I am in conversation with the SBA about transferring that loan. What steps should I take to proceed with this sale?

May 31st, 2024