Can I sue the IRS in IRS Tax Court?

You must receive a notice of deficiency and file a petition to the Tax Court within 90 days to get into Tax Court. I also concur with the advice...

Is a truck that is given to an employee as an award for recruiting considered as taxable income?

I concur with the other attorneys who believe the truck will be taxable to you as compensation. You can expect the truck to be reflected on your...

Question reguarding bad debts or damaged goods for a business.

As another attorney stated the amount you paid for the item you originally intended to sell is deductible as part of your cost of goods on your...

Can a for-profit corporation make an investment into a non-profit? If so, how should that investment be structured?

I agree with the other attorneys who advise that the for profit corporation cannot "invest" in the non-profit. It is true, however, that...

What foreign assets does a non-US citizen have to report to IRS?

As a resident of this country, you are obliged to report your foreign income as well as you income from assets in this country. Accordingly, if...

My wages are being garnished and I will recieve an inheritace soon can the IRS take the inheritace

Once you receive your inheritance, it is an asset subject to being seized in payment of taxes you owe. I agree with the attorney who advised you...

I am not certain I fully understand the facts presented. You stated you want to transfer both houses to your sister. Who is to pay the property...

I am a striper driver

I agree with the other attorneys who stated these cash tips constituted taxable income. This is for informational purposes only and should not be...

Need 501 (c) (3) Info for outreach mentoring non-profit in TX

Applying for a 501(c)(3) exemption warrants your employing a competent, local tax attorney to assist you. Not only could the attorney assist you...

An inheritance is not taxable income. As one attorney correctly stated, the inheritance may be subject to estate or inheritance tax, depending...