Ask Experts Questions for FREE Help !
Ask
    klieber's Avatar
    klieber Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Aug 9, 2008, 07:00 PM
    Transfer debt & assets to new company from old
    How do I transfer the debt & assets from the first business into the new business on Quick Books Pro
    delite's Avatar
    delite Posts: 202, Reputation: 3
    Full Member
    		  
    #2

    Aug 11, 2008, 09:06 PM
    transfer at book value/recorder on both sets of books-a those receieving
    b- those giving

    of course suuch transter falls under auspices of the tax free rules of reorganizations and no tax consequence should result...
    Suburban93's Avatar
    Suburban93 Posts: 3, Reputation: 1
    New Member
    		  
    #3

    Oct 10, 2012, 10:57 AM
    Quote Originally Posted by delite View Post
    Transfer at book value/recorder on both sets of books-a those receieving
    b- those giving

    Of course suuch transter falls under auspices of the tax free rules of reorganizations and no tax consequence should result.....
    What if it is called a merger and not a transfer?
    Suburban93's Avatar
    Suburban93 Posts: 3, Reputation: 1
    New Member
    		  
    #4

    Oct 10, 2012, 10:58 AM
    What is the legal definition of a merger from one 401k company to another?
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Transfer loan debt from one company to another [ 1 Answers ]

How do I transfer two loan balances from one business to the new company we have merged with? Business with original two loans (now operating as a "dba") under new company since our merge. New company has taken out a new loan to consolidate and repay these two loans. I need to get loan balances...

Parents in debt, can credit card company seize son's assets? [ 3 Answers ]

My parents have some outstanding debt (right around $33,000) on a mastercard. Today my father seems to have just found out about it and called the company today. He basically told them to accept $30,000 immediately or sue. Now my question, my truck was purchased with my money, I can prove this, but...

What are creditor's claims on the assets of a company called? [ 5 Answers ]

Net loss, expense or liability?

401K Transfer to Different Company [ 2 Answers ]

My company division was bought out by another company. They automatically transferred my 401K. I was vested with the old company, but the new company does not show the money vested. IS THIS LEGAL?

View more questions Search