Can gifted money have terms to go along with it and how enforceable is it?

If it had terms like that it is not a gift, it is a contract and for tax purposes, you needed to pay income taxes upon receipt (and your mom would...

Do I have to pay taxes if I profit from the sale of my home?

It depends, generally you are taxed at the gains rate (short or long term) for an asset like a house. If you have lived in the house for 2 of the...

Executors of estates have to provide an accounting to the beneficiaries (and to the probate court). An accounting is basically just financial...

Can the tax returns be voided for prior years after a divorce (not annulment)?

No, you cannot go from married-joint to married-single per IRC 6013.

My company wants to give away free items or donations, to the general public. Would these donations be tax deductible?

In general, unless you are making the donation to a charity or non-profit registered under IRC 501(c), the donations are not tax deductible....

I need to know if I can legally claim HOH for 2015 event hough I was NOT married for 7 months out of the year

Custody arrangements and dependent tax credits are a complicated area of tax law. One suggestion would be to request that the court reform the...

TAX on money in foreign bank account -FBAR ?

1. No, the FBAR is just a reporting requirement. No tax is due with the FBAR form, however, if there is taxable income from a foreign account, you...

Inheritance and taxes?

It depends on your tax residency status and your mother's tax residency. Assuming you are a resident for US tax purposes and your mother is not a...

Am I going to file tax return 2015 as resident or non-resident

Depends on circumstances, you need to consult with an attorney or CPA. As a green card holder, you pay taxes as a US resident (Form 1040). As an F1...

Looking for an election / political attorney to help form and maintain compliance of a new 501c4.

You should use the Find a Lawyer tool at the top of the Avvo site to search for someone. We are not allowed to solicit on Avvo, so it is not...