What is the tax liability of past sole proprietor?
By Marc Sevitz · Updated
If I buy and become the sole proprietor who would be liable for any tax issues once I own it for the past?
Would it be me or the owner before?
All tax issues up to the date of sale would be for the previous owner. However you cannot buy a sole proprietorship as it is not a registered entity so in effect you would be "starting" the business anew.