Bankruptcy Law Questions? Ask a Bankruptcy Lawyer.
Hello, my name is XXXXX XXXXX I would love to assist you. Give me a moment to research your issue and I will answer promptly.
Unfortunately, often the answer is Yes.
This is from NY, but it applies to all states: http://www.oatax.com/taxtipNovember2010.htm
It is kind of a bummer, but the government always seems to find some way to get their taxes paid!
So they can go after whatever I own personaly even though it is a s corp
They will basically hold you responsible for the taxes, unfortunately
A corporation protects the owners from liability for many things, but taxes seem to be one that passes through
Ok that answers my question
Sometimes the answers are not what we want
especially with the government involved
If you have any other questions, please let me know!
I just wanted to know where I stand, Thank you for advice
No problem, have a good week.