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Radio station's sale to WSNY delayed by $2M tax lien - Business The Internal Revenue Service has placed a $2 million tax lien on a local radio About 2.4M in Kansas, Missouri get federal tax refunds [Kansas City] Federal Tax Update Attorney-CPA, The - Find Articles Federal Tax Update from Attorney-CPA, The in Business & Finance provided business bad debt in the case of a loan from a sole shareholder-employee to his CORPORATE CREATIONS Incorporation & Trademark Services A corporation owned by one person, who is the sole shareholder, director and officer A C corporation files a federal tax return every year on Form 1120. Internal Revenue Manual - 5.17.2 Federal Tax Liens The federal tax lien arises when any "person" liable to pay any federal tax Unsecured interest-free loans between the corporation and the shareholder. Trust Fund Penalty - irs tax attorney A trustee or agent with authority over the funds of the business can also For instance, we can file a federal tax lien or take levy or seizure action. Michael Gray, CPA's Tax and Business Insight May 2006 If the trustee makes a distribution to the beneficiary when a federal tax lien is in effect, the trustee could be held liable for tortious conversion of a

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