Do i have to pay taxes on the excess proceeds I received?
Maybe, maybe not. Was the home that was foreclosed upon your primary residence for at least two of the last 5 years? If so, there is the argument...
Baltimore, MD
Tax Lawyer at Baltimore, MD
Practice Areas: Tax, Business, Employment & Labor
Maybe, maybe not. Was the home that was foreclosed upon your primary residence for at least two of the last 5 years? If so, there is the argument...
That is a confusing fact set. Who are you in all of this? I'm not aware of any law or regulation that requires a bank giving a loan to have a...
A better question is "if I can sue, should I?" Maybe you should just let this one slide. Reason: assuming you sue and assuming you win, what...
I think you are asking about the discharge of taxes in bankruptcy, yes? The law governing what can and what cannot be discharged is complicated,...
I'd like to build on Mr. Martineua's reply. Its fair to characterize the divorce agreement as a "contract" between you and your ex on how to...
I suggest you investigate getting a resale certificate so you do not pay sales taxes to your suppliers for goods you will sell on to your customers...
I think you need to speak to a Tax Attorney, or a CPA who is knowledgeable on tax issues, ASAP. Based on what you describe, I strongly suspect...
I agree with my colleague, your new husband should hire a CPA to file back taxes. He my also want to hire a tax attorney to evaluate if his...
You may have a claim here. Federal law does frown upon the disclosure to taxpayer information to third parties without the taxpayer's consent. ...
That depends. If you never intended to make a profitable business out of whatever you are doing, or if you always went about it in a non-business...