Legal Question in Tax Law in New Jersey
husband had a 1% share in a business that failed, business owes NJ sales tax, is my husband responsible for the entire amount even though he only had a 1% share.
Asked on 10/18/11, 8:43 pm
1 Answer from Attorneys
Ronald Cappuccio
Ronald J. Cappuccio, J.D., LL.M.(Tax)
Under NJ law the Shareholders and Officers may be held personally liable for Sales and Use Tax. Your husband needs to fight this immediately.
Ron Cappuccio
856 665-2121
www.TaxEsq.com
Answered on 10/31/11, 3:03 pm
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