Home » LAW »» BUSINESS & FINANCIAL & Corporate LAW

selling small s corp business (BUSINESS & FINANCIAL & Corporate LAW)

Sun, 07 Dec 2008 18:12:00 GMT

What is the name of your state (only U.S. law)? Oregon
Hi
I am selling my small business for $50,000. in oregon and have been running it as an S Corp.
How will I best avoid much of this going to capital gains tax?
Thank you!
Karen

Comments (0) | Promote | Bookmark |

BUSINESS & FINANCIAL & Corporate LAW Open Questions

Selling shares of NY State "S Corp".

What is the name of your state? New York Good morning, Wish to form NY State "S Corp"; Stock structure of 100,000 shares, $1.00 Par Value. DO NOT intend to publically trade stock 1) Can I personally sell 49,500 shares to private individuals to raise capital for real estate and/or......

Selling Shares in Bundles?

My business is registered Federally as a private company in Canada. I am currently planning to selling shares in order to raise the capital needed to finance my venture. My question is; if I bundle investors for instance in groups of 10 at $1000 each, if they register as a company, would I be......

Selling shares in an S-Corp

Massachusetts. I am inquiring on how to transfer or sell shares in an S-Corp. We are a small company with 2 Partners (50/50 share in the company) and myself. One partner is leaving the company and would like to transfer his shares to myself or sell them for a $1 (there is no real value). We don't......

selling shares in a new corp.

What is the name of your state? Wisconsin We have had people ask to buy shares in the corperation we have formed. But not sure of all the rules. Is there a good site for learning? We have the stock cert. and would love to take on some investors but don't want to break any laws....

Selling shares

What is the name of your state? Texas I'm thinking about selling shares in a group of internet domain names that I own. Each of these domain names has a certain value (professionally appraised), but they also produce income in a variety of ways. I know that, if there were share holders, the......

Selling shares

What is the name of your state? Texas I'm thinking about selling shares in a group of internet domain names that I own. Each of these domain names has a certain value (professionally appraised), but they also produce income in a variety of ways. I know that, if there were share holders, the......

Selling shares

What is the name of your state (only U.S. law)? California...

Selling S Corporation to brother? Help

I am selling my business which is suppose to go to my brother, we mutually agreed upon a buyout amount. My question is, my brother rather put the S Corporation into both of his daughters names and he stated he can only pay me half up front before I leave out of state. How can I protect myself to......

selling round sling & flat sling

We are a Chinese company specializing in all kinds of sling &net & belt .we have 46 years history. Our main products are as follows, Flat sling Round sling Braided rope Solid braid Ratchet tie down Nylon rope ladder Belt cargo net Safety belt We are waiting for your......

Selling remixed music on the Internet

What is the name of your state? California My business involves the sales of remixed songs on the internet. These songs are usually blended with other songs or sound effects. I only sell within the US. What license(s) will I need for this? If that's too broad of a question, where can I find out,......

Some questions maybe you're interest in...

Question on using a major auto manufactors logo in my online store?

[Intellectual Property] Hello everyone. I have a new online store for the sale of Auto Parts that I manufacture and to make navigation easier I would like to use the logo of the actual vehicle manufacture as the button so the site looks better. For example if they wanted to look for parts for their ford they would.........

Getting a green card after marrying a US citizen abroad... Advice needed?

[Immigration Law] Hello, Here is our situation. I am French and live with my fiancee who is a US citizen. We currently live in the US (in NJ) and I am here under a work visa (L1-B). However, my employer will soon terminate my employment which means that I will lose my visa status and will need to return to.........

Contract for a Secured Loan - Is It Legal?

[Consumer Law & Fraud] My question involves collection proceedings in the State of: California This is a very complicated situation, I will try to be as clear and concise as I can be and only address pressing points. My daughter entered into a contract a year ago for what was supposed to be a personal loan secured by.........

Paid by Percentage Florida

[Employment & Labor Law] Recently I was terminated for "insubordination", after refusing to stay int the truck overnight without pay. I understand that there is a certain amount of time that is expected, but to what extent does the employer have the right -if at all-to demand that you remain in the truck when.........

Can they take settlement money?

[BANKRUPTCY & CONSUMER CREDIT] What is the name of your state? Oklahoma I am in the Fen Phen lawsuit, and it appears I may get a settlement. If I have to file bankruptcy, the only debt I plan on charging off is my credit card debt. My question is this: If I get a settlement from the Fen Phen lawsuit somewhere down the road,.........

What's up with the text on FA?

[Additional Legal Subjects] What is the name of your state? N/A All icon, check marks, reply buttons... etc...are messed up...Anyone know why? Or is it just me? Never mind! Its fixed... ......

Bankruptcy surrender questions

[BANKRUPTCY & CONSUMER CREDIT] What is the name of your state? Wisconsin We have filed a chap. 7 and we have our creditors meeting on 5/2/05. We are wanting to surrender our current truck that has a high payment and buy another truck with a lower payment. We are wanting to know when is the best time to surrender the vehicle.........

65653 Mining the Web: Jacobian Matrix Constructs with eigenVectorSearching 65653

[Consumer Law & Fraud] Site and Features: http://www.eigensearch.com Search engine, eigenMethod, eigenvector, mathematical, manifolds, science, technical, search tools, eigenmath, Jacobian, quantum, mechanics, manifolds, science, physics, chemistry, law, legal, government, home, office, business, domain lookup,.........

Back charges for benefits administration bungle.....

[Additional Legal Subjects] I got an email this morning concerning my bi-weekly payments for health coverage. It seems there was an "administration error" and I under paid for the last 20 weeks. Since HR controls the paychecks I can't exactly not pay it but do I have any legal rights to get out of paying in.........

Slander/Extortion Question + More!

[Consumer Law & Fraud] I live in UT. I have a few questions, apparently an ex friend thinks she is a legal expert and can sue me for everything under the sun. I'm currently in the middle of a roommate situation where a roommate moved out without giving me any notice and is now threatening to sue me to get her.........