Skip to main content
Bruce Givner

Bruce Givner’s Answers

2,813 total


  • What can I do?

    In June 2013 I gave all my tax /backup to my tax accountant for the year 2012 for my truck driving business. He asked for the money up front. I requested he hold off on preparing until I could afford his fees( I became Ill and financially devistat...

    Bruce’s Answer

    Call the police department. Call the district attorney. Call the office of the attorney general of the state of California. Report him to the IRS hot line. Sue him in Small Claims Court.

    See question 
  • I have an old agreed order that state we alternate years on taxes.

    This last July I was given primary physical custody of my 2 girls 9 and 15. The judge wrote up a new order giving me custody and saying the there mom got IPTG. when I filed my taxes I claimed my daughter because I assumed the new order superseded...

    Bruce’s Answer

    You need to talk to a lawyer in New Jersey as the answer undoubtedly is based on the actual language of the orders. Since you can't afford a lawyer you should contact Legal Services of New Jersey at 732-572-9100.

    See question 
  • I've been married 5 years but in another state, I've been filing single can I file married from now on?

    married in las vegas, never filed in the state I now live in for name change. I've never claimed married. Is it too late? could I get into trouble if I start to claim married now?

    Bruce’s Answer

    There is nothing to prevent you from filing as married going forward. However, the fact that you have filed improperly in the past is something that you should discuss with a competent tax return preparer. The preparer might advise you to file amended returns for the open years.

    See question 
  • Can a compromise be compromised again?

    The parties had earlier compromised and one of the members challenged the compromise stating that it wasn't given freely and was a vitiated one. Can the parties again compromise the compromise already done?

    Bruce’s Answer

    If the parties have a signed agreement, the parties can always agree to a different signed agreement.

    See question 
  • Help with obtaining 2014 income tax forms my biological refuses to give me these documents. I need them for my fafsa applicat

    How can I get them I have her ss# but she refuses to give me any other information.

    Bruce’s Answer

    If you need your parents' tax returns and they will not provide them to you, then you need to talk to the college financial aid office.

    See question 
  • I sold a rental property for $95,000.00. Netted $27,000. What are taxes based on...my netted proceeds? Thanks

    The check I received was $27,000 and needed to know if that is what I am taxed on.

    Bruce’s Answer

    To know the tax you need to know your adjusted basis. How much cash you end up with does not help us determine your tax. You should talk to a competent tax return preparer.

    See question 
  • Sometime last year my cousin who works for my company got someone to sign my tax returns. I want to report to a agency but do

    not want to get the person who signed my tax return in trouble because he is showing signs of early dementia. Could I just report my cousin to the irs without saying the signers name. Could i do it anonamously?

    Bruce’s Answer

    Go to the IRS web site used for reporting suspected tax fraud activity: http://www.irs.gov/Individuals/How-Do-You-Report-Suspected-Tax-Fraud-Activity%3F. The person who has dementia will not get in trouble as that person does not have the ability to form the intent to commit a crime.

    See question 
  • Can a non-profit Church jeopardize it's 501(c3) status if a for profit business registers with the State at the same address

    A for profit publishing business wants to use the Church location as it's physical place of business and receipt for all State/Federal/General mail

    Bruce’s Answer

    No. As Mr. Doland has indicated a lease of a facility to a for-profit business does not jeopardize the church's non-profit status.

    See question 
  • Can I pay interest to a resident of a different country?

    I would like to obtain a short term private money loan. I have a potential lender from Spain (he is a friend of mine). We would use a deed of trust and my primary residence to secure the loan. Are there any legal implications that I should be awar...

    Bruce’s Answer

    Yes you can pay deductible interest to a non-U.S. company. There may be a withholding requirement.

    See question 
  • I want to transfer some property to my children. Do I qualify for the Gift Tax Exemption?

    I'm a little confused by the rules here. I see that there is a $14,000 annual exclusion ($28,000 with me and my spouse). I also see that the lifetime time exclusion is $5,340,000. The properties that I wish to transfer equate to less than $1 mi...

    Bruce’s Answer

    The annual gift exclusion does not count against the lifetime exclusion. Assume you have two children and the gift is $128,000. You file a gift tax return. The $28,000 counts against the annual gift exclusion for the two children. The $100,000 counts against the lifetime exclusion.

    See question