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I am holding foreign currency, what is the best way to do that and convert it back into the usd without a large tax burden?
John's answer
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Answered on July 02, 2013
Depending on the size of the transaction and the use of the funds intended, you might consider speaking to an international lawyer versed in...
Archived
I have a friend who is on dialysis with end stage kidney disease, just moved into a room after being homeless for almost a year.
John's answer
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Answered on July 02, 2013
Consider Filing for an Offer In Compromise with IRS. See enclosed link to get you proper information on how to proceed...sounds like your friend...
I financed a car for a boyfriend - it is in my name and on my insurance - now we broke up.
John's answer
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Answered on July 02, 2013
1. The car is yours so feel free to take it back and do what you wish with it.
2. Enter into an agreement with ex B/F as to his rights to use...
Archived
I defaulted on ny state school loans. My wages are being garnished 15 %. Will this effect my husbands tax return or pay check?
John's answer
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Answered on July 02, 2013
Your husband to be is not liable for your debts unless he was a guarantor or co-signer which is not the case here. However, with that being said,...
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It is a tax evasion problem?
John's answer
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Answered on July 02, 2013
I would be careful given this is a public site so using words like tax evasion not wise in case ever was used against you. Essentially your CBA...
Archived
Can I get unemployment comp. if I sign a notice of separation letter giving me 4 wks severance pay in x-chg for the waiver below
John's answer
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Answered on July 02, 2013
Don't worry....the clause you pointed to has nothing to do with your ability to file/collect unemployment benefits and you did not waive such...
Archived
How do I pay a foreign company a fee and be able to send them a 1099 so they incur the proceeds for tax?
John's answer
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Answered on July 02, 2013
Form 1042 is proper form and you will need to withhold taxes form the payment. See attached IRS publication which is on point to your issue as to...
Archived
Can I submit an invoice for home health care, taxes that I have paid, upgrades to the home and lawn care to the estate of mom?
John's answer
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Answered on July 02, 2013
Before you file a claim - let me ask you if you paid rent all these years while living in your Mom's home? If not then be prepared for your...
Archived
What is a warranty deed
John's answer
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Answered on July 02, 2013
A "Deed" is the instrument that gets recorded to inform the public who has ownership and title to real estate. Whether it is a "Warranty Deed" or...
Archived
Will filing a complaint for contempt hurt my custody case if my ex violates our custody agreement? My attorney thinks it may.
John's answer
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Answered on July 02, 2013
Perhaps consider seeking a modification that requires ex to deliver the children to your home since it is his actions that are making the...
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