Archived
My husband withdrew his IRA (value 22k) & has spent the entire amount along with a 14k tax return that was froze
Craig's answer
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Answered on July 20, 2012
You should check with a CPA to determine whether filing a separate tax return would be beneficial to you. In California, you will be responsible...
Archived
What happens if a company is operating as a foreign corporation in one state, but was voided
Craig's answer
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Answered on December 08, 2011
If a foreign corporation is suspended or terminated in it's original state of incorporation, all of its corporate powers are suspended as well, so...
Archived
What entity should one medical doctor practice medicine as other than as a proprietor?
Craig's answer
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Answered on August 09, 2011
It's true that neither doctors (nor lawyers) can practice as an LLC in California. However, doctors and other licensed professionals may form a...
Archived
Turned down for loan modification
Craig's answer
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Answered on August 09, 2011
Although each lender is different, most of the major banks cooperate to some degree with the current administration's Making Homes Affordable...
Archived
Is it possible to fix my husbands legal status in the us if I owe tons of back taxes?
Craig's answer
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Answered on August 09, 2011
You should definitely seek the advice of a tax attorney regarding your own situation, because it will not go away on its own. Also, it's not...
Archived
I am a Speech Pathologist, can I write off an iPad on my taxes if I am purchasing it for use in therapy?
Craig's answer
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Answered on August 09, 2011
Any "reasonable" business expense is generally deductible from gross revenue of a business. While there are certainly various interpretations of...
Archived
Single-member LLC, non-resident alien (swedish citizen) - how will I be taxed?
Craig's answer
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Answered on August 09, 2011
The United States and Sweden entered into a tax treaty in 1996, which in general supersedes the general provisions of the Internal Revenue Code. A...
Archived
Would I be breaking any laws if I were to set up the purchase of cars for an international buyer (who will pay for the cars)
Craig's answer
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Answered on May 28, 2010
I'm going to assume that you have checked out the international buyer and determined to your satisfaction that this is not a scam.
There is...
Archived
S the state of California tax board allowed to take money out of my bank account from an insurance claim?
Craig's answer
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Answered on May 28, 2010
As you have learned, the Franchise Tax Board is very aggressive in collecting past due taxes and other debts owed to the state. Their...
Archived
My great grandfather died and left me some property but i dont know his name but i know his property, can i still get it?
Craig's answer
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Answered on May 28, 2010
If the property owned by your great grandfather is real estate--and you know where it's located, you can go the the Recorder's Office in the County...
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