Do I owe U.S. Taxes on U.S. investments that I made through a Canadian company?

Frankly, the facts are a little confusing. Just because a Canadian entity owns the properties, because the properties are in the US, there would be...

If I split a settlement award with my ex husband, am I still liable for taxes due on the entire settlement amount?

Do you have a settlement agreement or divorce judgment that addresses the issue of the mortgage and your home? If so, that has to be followed, If...

India Service Firm and US IRS rules

It seem like you do not have "nexus" or connection with the US for tax purposes based upon the facts you supplied. You really need a tax lawyer to...

Can I put me and my wife's metrocard costs as an above-the-line deduction in our joint tax return

Commuting expenses are not deductible. Sorry... Good luck! Ron Cappuccio

Need to start a new LLC

First, you should obtain the services of a good tax and business attorney to form your LLC. In NJ, you do not need either a SS# or ITIN to form a...

How much am im going to owe the IRS for a settlement totaling 19800k of that I owe 14259k in medical bills. Is balance taxable?

If the settlement is for a physical personal injury, it might not be taxable. You should discuss this with your lawyer. I hope this helps!

No. You might want to file a "0" 941 and 940 to document that you have no employees. This starts the statute of limitations period (3...

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If my wife becomes pregnant before the 2013-2014 tax time does she claim the unborn as a dependent

I love this question! I am sorry, but the answer is "no". Congratulations on the new addition to your family! Ron Cappuccio

Is it proper for an attorney to work with an accountant to identify portions of a settlement as W-2 income when it wasn't?

First, it sounds like the attorney was acting in your best interest to find a good tax solution. Secondly, your husband is a cash basis taxpayer....

H1B withdrawal and state income tax filing?

You could solve this problem by filing an income tax return in the original State showing that you are a non-resident and did not earn any income....