“Hey, Adam,” begins many an incoming office call, “the principal who owes me back commissions didn’t remember that our contract says Tennessee law (or Utah, Colorado, New Jersey, Georgia, etc.) applies. I can get...
Question: I am unwinding the cross-purchase buy/sell agreement I have in place with the other 50% owner of my corporation. What are the tax consequences when we receive back from each other the...
The University of Mississippi football team will not appear in a bowl game during the upcoming 2017 season.
This punishment, which includes forfeiting millions in Southeastern Conference post-season revenue, was...
Question: I intend to purchase real estate for the business operated by my S corporation. Should I purchase the property in the corporation’s name?
Question: I am buying a minority interest in a three member limited liability company which owns appreciated real estate. If the property is sold, will I be taxed on the appreciation that occurred...
