Recent content by mlavigneosu

Thanks for your input, I really appreciate the angle. I am scheduled for a consultation with a transactional/tax attorney to clarify.

My business deal consists of the following: I am buying out my current partner's share in our S-Corporation (I will own 100%) and I have already opened a new California LLC. The problem: I was told the State of CA does not allow transfer of assets from an S-Corporation to an LLC. So here...