as old business? On the side I have been helping manage and run my father's business. Due to his financial hardships and a loss of our main contract to a competitor the business has accumulated too great an amount of payroll tax debt (Including IRS, MI SIT, MI SUI) that with only the smaller service contract income left, the business must close. I would like to start my own corp and will be working with the same customer, doing the same work as I did for the old business. It will also remain on the same property which will remain owned by a third business my father has. There is no written contract or assets to aquire. However I would most likely be hiring the same employees including myself. I do not want to have any tax avoidance issues or end up taking on any of the old company's debt. We are not trying to get out of it but my disabled father is uncollectable and I myself have been working for free to help. So since someone must start a new business and take over it might as well be me. What problems or issues should I look into?
Will my new business have any IRS trouble after taking on the same customer
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