Legal Question in Business Law in Nevada

buying an S Corporation

If I purchase a small business corporaion, currently an S corp, will I be responsible if any past back taxes not paid by the previous owner?


Asked on 3/13/08, 11:45 pm

1 Answer from Attorneys

Paul Malikowski Malikowski Law Offices, Ltd.

Re: buying an S Corporation

In the event a Federal Tax Lien has issued, you may have a serious problem regarding the business stock and related assets you plan to purchase. Beware, and conduct all appropriate due diligence.

Your attorney can explain further.

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Answered on 3/14/08, 12:10 am


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