Darren J Mills's Answers (113)

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What can I do ? can I sell it in foreclosure status?

Darren's answer | Answered on December 16, 2015

As suggested by Mr. Boyer, use Avvo to find a qualified attorney. Quick high-level background: municipalities are allowed to hold a "tax sale...

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Also, how do I tell the IRS that I want to be taxed as C-corp? is it by filing my LLC tax return Form 1120?

Darren's answer | Answered on December 13, 2015

Hi: I suggest you consult a tax attorney with experience in international taxation. If the LLC is wholly-owned by you and you did not file a...

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Is a controlled foreign company eligible for tax deferrment?

Darren's answer | Answered on December 13, 2015

Hi: Best to work with a tax attorney that has international tax experience as the ability to obtain tax deferral is facts and circumstances based...

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Can i submit w4 after 2 months of starting a new job(first job) if it is around the year end when i start working?

Darren's answer | Answered on December 13, 2015

Hi: Not submitting the W4 is not an option. Your wife's employer is a withholding agent for the IRS and has a duty to withhold and remit tax. ...

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How do you transfer a deed over to the sole heir 2 years after the owner has passed away without probate?

Darren's answer | Answered on December 13, 2015

Hi: I'll mention the income tax consequences since my colleagues have addressed the need to get a probate attorney. For federal income tax...

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Will my initial capital in my business be taxed if the business makes no money?

Darren's answer | Answered on December 13, 2015

Hi: Generally no. Once you pay tax on something it is generally referred to as "after tax dollars." Using after tax dollars also gives you the...

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How do we have our wives buy a house in cash $80,000 without showing income and throwing up red flags with the IRS?

Darren's answer | Answered on December 12, 2015

As my colleagues have suggested you need to consult your attorney. Moreover, an attorney CANNOT advise a client do to something that is illegal. ...

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What is the best way to get some incometax relief .What should I present to the IRS. as my economic hardship ?

Darren's answer | Answered on December 10, 2015

Hi: You and your daughter should also seek the advice of an elder law attorney. Most specialize in special needs planning. That person can help...

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Is it too late to complete a 1031 if I closed 40 days ago and received the proceeds of the sale?

Darren's answer | Answered on December 10, 2015

As Mr. Souza notes, 1031 exchanges are complex. It is one of the top malpractice claims against accountants. There are firms that specialize in...

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I have durable POA over my husbands financial affairs including acting as an agent for bankruptcy proceedings. Would I

Darren's answer | Answered on December 10, 2015

Hi: First off, sorry to hear about your situation. Secondly, you may also want to consider talking to an elder law attorney. Medical is one of...

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