Sale of LLC with past due taxes

LinkBack

Thread Tools

Search this Thread

Display Modes

#1 (permalink)

05-11-2010, 04:35 PM

ftnfnl

Junior Member

Join Date: Oct 2008

Posts: 2

Sale of LLC with past due taxes

When a multi-member LLC is sold, how are the past-due payroll taxes handled? Do they fall back against each member according to percentage owned? Any help would be appreciated.

Thanks!

Ads

« Is there a minimum tax due | Can I reimburse myself for interest expense from single member LLC? »

Posting Rules
You may not post new threads You may not post replies You may not post attachments You may not edit your posts vB code is On Smilies are On [IMG] code is On HTML code is Off Trackbacks are Off Pingbacks are Off Refbacks are Off

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Espp Sale	mandys1010	Capital Gains	0	03-15-2010 07:08 PM
Filing to receive overpayment of past income tax after 501c3 approval	pt95	Filing Requirements	0	11-20-2009 03:20 PM
Past Due Child Support Tax Offset	ashjo84	Miscellaneous	0	06-16-2009 11:50 PM
stock sale	7rassel14	Income	1	02-07-2009 10:53 PM
Capital asset sale or Second Home Sale? Or Gift???	dawnjellybean	Income	0	02-04-2009 07:22 PM

» Categories

Ask TaxGuru?

Individual

» Income

» Estimated Taxes

» Capital Gains

» Itemized Deductions

» IRA/Sep

» Rental Real-Estate

» Alternative Minimum Tax

» Filing Requirements

» Sole-Proprietorship

» Medical

» Auto Expenses

» Social Security

» Tax Credit

» Depreciation

» Divorce Tax Issues

» Homeowner Tax

» Multistate

Corporations

» C-Corporation

» S-Corporation

» Limited Liability Company

» Payroll

» Multistate Tax Issues

» Non-Profit Organisation

» Trusts and Gift Tax Returns

Forum for CPAs

» CPA Forums

Financial Planning

» Estate Planning

» Retirement Planning

» Investment Strategy

» Education Planning

» Life Insurance

» Tax News

» Tax Calculators

» Downloads

» Contact Us

» Latest Tax Tips
How can I obtain the IRS 2021 Form W-7 with the...
IRS extends C Corporation filing date to May 17, 2021
Which Taxpayer Qualifies for Advance Payments?
How do you get a "147C Online- EIN Designation Confirmation...
What are the Foreign Earned Income Exclusion for 2019?

» Recent Tax Q&A
No Threads to Display.

» Free Downloads

Latest Files

What Are the Important Highlights Of 2010 Tax Law
EzWagez Payroll System
TurboCASH
AlauxSoft Accounts and Budget
Gas Mileage MPG Tracker