If someone leaves me a cash inheritance do I owe tax?

It will not be taxable to you if you properly document from the estate that the funds are not intended for you but for the third person. You should...

I want to get divorced the feeling are not there but not sure that going to happen ? And how to divide everythin?

This is not a tax question. This is a divorce and family law question so I have forwarded your question to those people

Hey me and some friends are making a tech startup and we arent sure how to pay our taxes from the money we make?

I highly recommend you retain tax and business counsel to advise you on this. There are many pitfalls to avoid and that will help you through them.

Taxes and kids

If your ex is not eligible to claim the children you can take them as well & the IRS will send each of you a form to complete and make the...

Tax implications of real estate sale: do I need to worry about the IRS thinking I got a gift?

First, before you close your brother should deed the house to you and him as tenants in common. That deed will be for zero consideration. He should...

What legal recourse does a person have against a tax service which knowingly files taxes inappropriately.

The service should pay her damages or maybe she's entitled to be H of H. If they are a non-profit they be be exempt but small claims court could...

Do I owe my S Corporation payment on current debts and liabilities if I am exiting the s corporation?

This is the type of question that should be best addressed with a consultation with a tax lawyer to make sure you know all your options and make...

Will they take my taxes right away?

No the IRS will not take anything from you if you file separately. You might have a tax preparer guide you to make sure you're protected.

I agree that if they reported your social security number to the IRS either you or your girlfriend gave them the number then you have no claim...

Can a small business owned by a individual be transferred to a irrevocable trust for $1.00?

The answer is it can be done but there are many tax consequences to doing anything like that and so before it's done be sure you meet with tax...