Questions answered by Austen Christian Na

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Is it a crime to live beyound his/her income?

Austen's answer | Answered on October 22, 2012

I do not deal with state and local tax for the state of Georgia so I cannot comment specifically about what the DA's office may pursue. However,...

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What is the advantage and disadvantage for a physician of being a sole proprietor vs S corp vs C corp in California?

Austen's answer | Answered on October 21, 2012

These days the more common form of entity for professionals is a Limited Liability Company preferably in the state of Wyoming that provides for...

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Who is responsible for the property tax for this year on a house that was inherited and we just sold it. 3 people inherited it.

Austen's answer | Answered on October 21, 2012

I believe you should seek the advice of your CPA or local tax attorney who deal with state and local tax because real property taxes are considered...

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Can a noncustodial parent claim the child he's paying child support for on his taxes in Texas

Austen's answer | Answered on October 21, 2012

If you are referring to the federal tax dependency exemption then the person claiming the exemption must meet the following requirements: 1....

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I owe back taxes. I settled my personal injury claim today, and was ask for my SSN. Does this mean the IRS is taking their cut?

Austen's answer | Answered on October 17, 2012

The answer depends on how your settlement was structured. If the amount is compensation for physical injuries or sickness then there should not be...

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My monthly income is 2800 before taxes and my baby mom want to file child support after she live with me for 2 years at my house

Austen's answer | Answered on October 15, 2012

I do not practice family law, but I know that California like many other states calculate child support based on a formula. Please check...

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Virginia resident - tax liability if selling land in Florida at a loss

Austen's answer | Answered on October 15, 2012

To provide a helpful guide, you need to specify more detailed information about the following: (1) What type of property (already developed or...

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I owe the irs 63000 dollars. I paid it down to 43000 including penalties and interest. Can I use the fresh start program.

Austen's answer | Answered on October 12, 2012

Once IRS collections division is handling your case, there are basically these 3 options for you. 1. Installment agreement that is basically a...

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How can i get deductions on the amount owed to irs, over a company i opened for my parents?

Austen's answer | Answered on October 11, 2012

I typically try to answer questions with the most details that I possible can but your facts are not detailed enough to provide an adequate answer....

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Would I end up owing income taxes if I let my ex-husband claim my only child on his income tax return this year?

Austen's answer | Answered on October 11, 2012

Because Attorney Larson thoroughly answered the possibilities of earned income tax credit (EIC) and head of household (HOH), I just wanted to add...

Austen Christian Na's Answers (75)

Is it a crime to live beyound his/her income?

What is the advantage and disadvantage for a physician of being a sole proprietor vs S corp vs C corp in California?

Who is responsible for the property tax for this year on a house that was inherited and we just sold it. 3 people inherited it.

Can a noncustodial parent claim the child he's paying child support for on his taxes in Texas

I owe back taxes. I settled my personal injury claim today, and was ask for my SSN. Does this mean the IRS is taking their cut?

My monthly income is 2800 before taxes and my baby mom want to file child support after she live with me for 2 years at my house

Virginia resident - tax liability if selling land in Florida at a loss

I owe the irs 63000 dollars. I paid it down to 43000 including penalties and interest. Can I use the fresh start program.

How can i get deductions on the amount owed to irs, over a company i opened for my parents?

Would I end up owing income taxes if I let my ex-husband claim my only child on his income tax return this year?