Legal Question in Business Law in Georgia
I am starting a company and one person wants to invest $5,000 to be a partner in the organization. He owes the IRS $90,000 for back payroll taxes from just last year. Would any risk be brought to my new company from the IRS debt if he becomes a partner in my new company?
Asked on 8/06/14, 11:08 am
1 Answer from Attorneys
Glen Ashman
Ashman Law Office also dba Glen Ashman Attorney
Forgetting the legal risks, and there may be some risk depending on details we don't have, it's mind-boggling that anyone would think of doing any business with someone who doesn't pay that large an amount of back payroll taxes. Plain and simple, run from him.
Answered on 8/06/14, 11:55 am
Related Questions & Answers
-
I owned a hair salon that closed and I signed a lease a few years ago as the... Asked 7/23/14, 8:10 am in United States Georgia Business Law
-
If an employee signs a no compete clause with an employer and the company is sold,... Asked 7/14/14, 12:24 pm in United States Georgia Business Law
-
I am looking to register a trade/servicemark. I would like to know if you have a... Asked 7/04/14, 9:24 pm in United States Georgia Business Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
