Legal Question in Business Law in Maryland
Business partnership ended in Ma 2010. He still continues to operate business in MD as 100% owner. Recently sent me invoice for tax preparation fees and states I am responsible for 50%. I find this repulsive. Does he have any right even though in the dissolution agreement it clearly states I am no longer associated and have no obligations to the company.
1 Answer from Attorneys
If the dissolution agreement ends you responsibility for company expenses, then the company should pay this, not you. You didn't indicate what kind of entity--general partnership, LLC or small corporation, but that really shouldn't matter. You should receive a K-1 from the tax preparer for your share of the profits if any from the part of the year that you were still involved in the company.
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