“We have sold a family home in Malaysia, it has been in the family for 30 years. Do we have to pay real property gains tax?

If you are US residents and thus required to pay US tax on your worldwide income, then yes, you will be required to pay income tax on the gain you...

IRS Problem: I recently received 13 letters from the IRS regarding not filing Forms 940 and 941 from 2009-2011.

Generally speaking, if you had no employees during those years, then most likely checking that box could be the end of the matter. However -...

When homeowner sells a home in installment payments (in course of 2 years) can he use 250,000 exclusion in the first year?

Generally speaking, you can use the exclusion amount in an installment sale; however, if the sale must be recognized using the installment sale...

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I filed taxes as married with my ex even though we weren't married, do we need to divorce in order to now file single now?

Your question is a little confusing. Are you already divorced or not? If you aren't divorced, then you cannot file as single until you get...

The home i rent is in foreclosure & the lease is up dec 2 do i have to sign a new lease if he shows no sign to pay the back tax

You need to speak with a landlord/tenant lawyer in your area immediately if you want to remain in the house. Even if the house is in foreclosure...

Can I go to jail because I did not pay a pay day loan

No, you aren't going to go to jail unless you intended to not repay the loan when you first took it out. The worst they could do is to get a...

NY State won't work with me on an Offer in Compromise

An attorney could help you with NYS, but without knowing any of the facts there is no way to put any odds on success. It's also not possible to...

Do I have to return my engagement ring

Basically, yes. Generally speaking, in NY it's considered a conditional gift, and if the condition - getting married - fails, then the ring must be...

Do I have to return my engagement ring

Basically, yes. Generally speaking, in NY it's considered a conditional gift, and if the condition - getting married - fails, then the ring must...

What are by-laws? For example, an S corp must adopt to by laws.

By-laws are sort of like the corporation's internal operating procedures. They function in certain ways like the operating agreement for an LLC...