My son received a letter from the irs that someone else claimed his dependent, but not todo anything if qualified as dependent.

There is a test for a qualified dependent based on whether he receives more than 50% of support from you and is in your custody. Frequently...

What percent in estate tax do you pay in NJ if assets are over $675K, going to class A beneficiaries?

As Mr. Cappuccio explained, you need to take the Inheritance Tax and the Estate Tax into consideration separately. Class A beneficiaries...

Will Bankruptcy stay post foreclosure eviction?

Filing bankruptcy will buy you some time by staying the eviction proceeding. But, delay for the sake of delay is not a strategy.

If you do not show, that will constitute a default and the petition will be dismissed. You can also send a signed letter in stipulating dismissal.

What kind of tax reture should I file for single foreign member LLC?

You need to talk to someone who specializes in International Taxation. Also, you should get an accountant right away.

My rental property was sold for back taxes at the Cook County Tax Sale a few months ago.

You should consult a local real estate attorney that specializes in property taxes and tax lien sales.

Is there a way to take advantage of the 2012 Gift Tax exclusion after January 1, 2013 before the tax hike?

Even if you use planning to take advantage, you never know how the gift tax will change in the future and what the interplay with the estate tax...

Can I claim my daughter for tax purposes?

With the Form 8332 and the divorce decree, he has the right to claim her in the even years. You should talk to him about giving up his rights to...

Am I understanding the IRS regulations regarding custodial parent claiming his/her child on taxes?

The custodial parent takes the exemption. The 50% requirement is statutory. I would have to research it, but I would think this trumps the...

If I owe state of ca, can I buy a house w/ cash or will they take it?

If you have a tax lien, it will attach to any property you buy, and will need to be paid off or else the government will go after the asset.