Tax law question about sole proprietorship

The revenues and expenses when realized should be reflected on your personal income tax return. I also agree that you should consult a local CPA...

Sign a Contract with Free accommodation on site - did not get it -

While I don't believe the answer you received is satisfactory, I also don't believe you have provided enough facts to answer your question (for...

I agree that you should secure the services of N.Y. attorney. What constitutes "doing business in N.Y". is a question involving the study and...

What are the tax implications when a married couple no longer lives together (non-legal separation)?

I agree with the other attorney regarding securing the services of a local CPA or tax attorney. There are a number of issues; for example, if the...

I applied for a mortgage loan and they loan officer that reviewed my tax returns reported me to the IRS. Can she do that?

I also question how you can be certain in your mind that the loan officer "turned you in." Furthermore, securing proof of such questionable...

Will government come and take water little possessions I have to pay huge tax bill.

Not sure I understand your question.. If you realized a taxable gain on the sale of your property, I believe you would have incurred taxes, which...

Real estate inheritance taxes

I agree with the other attorneys. Assuming your parents' respective estates will not exceed $5.43 million, I recommend you delay acquisition of...

I was granted 100k shares of stock from a startup, and I was told I didn't need to pay for them. Is this common?

I agree that you need to consult as soon as possible with a local CPA or tax regarding a possible election under\ Section 83 of the Code. There...

Do I have to pay any taxes on my inheritance?

Since you live in Cal and your father died, presumably domiciled in Fla, I assume the executor of his estate is also a resident of Fla. As another...

Gift Taxes

I agree with the other attorneys that you can avoid the gift tax by using your lifetime exemptions although as they advised it will be necessary...