Learn how a QSST trust lets families keep S corporation stock, from eligibility and tax treatment to making the election and comparing it with an ESBT.
Learn how sending certified mail to the IRS protects your filings, from mailing your documents correctly to proving delivery if the IRS says nothing arrived.
Learn how paying yourself from your nonprofit works, from setting reasonable compensation to board approval, public disclosure, and payroll obligations.
Learn how a corporation can be an independent contractor, from IRS classification and 1099-NEC reporting to contract terms and misclassification risks.
Learn what a tax judgment is and how it expands IRS collection power, from levies and seizures against your assets to the ways you can challenge or resolve it.
Learn how to transfer a house to a child, from choosing the right method and handling tax impacts to Medicaid concerns and recording the deed properly.