I need legal advice. I am a part owner of a family business in the state of oregon, usa. shares were issued to all members of the family. for over 7 years, I have requested that my family send me copies of all the financial records of the family business on an annual basis. .when I say financial records, I mean annual tax returns, balance sheets, income statements, etc.. for over 7 years, except for an occasional K-1 statement, I have yet to see any financial records sent to me. in fact, all members of the family have ignored me whenever I have asked for access to all the records. what can I do?
I spoke to a friend of mine who is a tax accountant, and he said that what they are doing is against the law. according to my tax accountant friend, their denial to provide me with this financial information is preventing me from filing accurate tax returns. is this true? is it true that I have the legal right to receive copies of all the financial records like tax returns, balance sheets, income statements, etc. if I request it? any info would be most appreciated. thank you. if someone knows of any way via the internet that I can contact an irs agent to ask them these same questions, please do forward that info to me. thanks again.
sincerely....