What is the name of your state? Florida
I read in a recent posted message that you can't get money out of a corporation.
I am in a small claim court situation with a brother-in-law who I am 20% owner and he is 80% owner. The corporation owes me money and I have filed in small claims court, am I not going to get my money even though I can prove he owes me the money through the corporation? I paid taxes on this money last year - 2004.
Do I have chance with my tax return and the Schedule K-1 (IRS Form 1120S) showing the amount I paid taxes on and the percentage of the business I own?
I read in a recent posted message that you can't get money out of a corporation.
I am in a small claim court situation with a brother-in-law who I am 20% owner and he is 80% owner. The corporation owes me money and I have filed in small claims court, am I not going to get my money even though I can prove he owes me the money through the corporation? I paid taxes on this money last year - 2004.
Do I have chance with my tax return and the Schedule K-1 (IRS Form 1120S) showing the amount I paid taxes on and the percentage of the business I own?