TaxMamas TaxQuips: Tax Quips

TaxMamas TaxQuips: Tax Quips


Buying a Business

November 17, 2011

Today TaxMama hears from Josh in the TaxQuips Forum who is concerned. “I’m interested in purchasing a business which was owned by a sole proprietor. He owes back taxes. Would I be liable for those back taxes if I purchase this business?â€

 



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